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Lake City, MN Multifamily Homes & Duplexes for Sale

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  • /25

    $449,900

    • 2 Beds
    • 2 Baths
    • 1,754 Sq Ft

    1300 S Lakeshore Dr Unit A3, Lake City, MN 55041

    Coveted Lake City living at Pepin Lodge! Nestled along the bluffs of Lake Pepin, this 2+ bedroom, 2 bathroom, 1 garage unit brings all the stops! Updated kitchen & baths, new flooring, storage and in-unit laundry. Spacious and open-concept layout is extremely functional. Sunroom doubles as a 3rd bedroom if desired. Large picture windows capture calming lakeside views all year round. This unit

    Moraghan DeRosia Coldwell Banker Realty

    1300 S Lakeshore Dr Unit A3, Lake City, MN 55041
  • /82

    $750,000

    • 3 Beds
    • 3 Baths
    • 3,170 Sq Ft

    1329 S Oak St, Lake City, MN 55041

    Stunning lake property! Experience unparalleled lakeview living with this rare opportunity to own a meticulously maintained twin home on Lake Pepin. This exquisite 3-bedroom, 3-bath residence offers breathtaking views from nearly every room, ensuring you'll be captivated by the beauty of the lake and surrounding bluffs.Key Features:Enjoy panoramic vistas from almost every room, including

    Sonda Featherstone Featherstone Real Estate, LLC

    1329 S Oak St, Lake City, MN 55041

Why Live in Lake City

Lake City, Minnesota, is a charming riverside community situated along Lake Pepin on the Mississippi River, renowned as the birthplace of water skiing. This small city is a haven for water enthusiasts, offering numerous waterfront parks and beaches perfect for boating, fishing, and other water sports. The area hosts vibrant riverfront festivities and sports tournaments, making it ideal for those who enjoy an active lifestyle. Golfing is also popular, with several courses and country clubs surrounding the city. The historic district showcases a rich collection of 19th-century architecture, including Queen Anne, colonial, and Folk Victorian homes, alongside more modern ranch-style and Cape Cod residences. New developments feature contemporary ranch and New Traditional designs. Lake City is known for its attractions, such as Hok-Si-La Park, which spans over 250 acres and includes campgrounds and a public beach. Ohuta Park offers a Riverwalk Trail, playground, and hosts summer festivals like Water Ski Days. The Jewel Golf Club and Lake City Golf are open to the public, while Frontenac State Park provides hiking trails and bird watching opportunities. The waterfront area is dotted with dining options like Kelly’s Lake House Bar & Grill and shopping venues such as Lake Pepin Pearl Button Company. Lake City Fresh Market caters to grocery needs, with Walmart located 15 miles away in Red Wing. U.S. Highways 61 and 63 provide connectivity, with Rochester International Airport 45 miles away.

Home Trends in Lake City, MN

Housing Trends

Median Sale Price
$297,500
Median Single Family Sale Price
$305,000
Median Townhouse Sale Price
$449,900
Average Price Per Sq Ft
$200
Number of Homes for Sale
30
Last 12 months Home Sales
87
Months of Supply
4.10
Median List Price
$315,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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