314 N High Street, Lake City, MN

$285,000

1,884

Square feet

0.22

Acres

About 314 N High Street

This beautifully updated duplex offers flexibility, charm, and strong rental potential—all on a spacious 13,125 sq ft lot. With over 2,100 finished square feet, the property includes two well-appointed units: The Jasmine Apartment (main floor) features 2 bedrooms, 1 full bath, in-unit laundry, and approx. 1,100 sq ft. The Fire Lily Apartment (upper level) offers 2 bedrooms, 1 ¾ bath, and approx. 1,079 sq ft. Extensive updates throughout include new spray-foam insulation, new garage roof (2023), upgraded plumbing (PEX), updated electrical in remodeled areas, new light and plumbing fixtures, fresh knockdown ceilings, and new carpet throughout. The home has also been legally converted to a duplex with proper permitting, including a new second bedroom addition on the main level and a block foundation added to most of the structure. Exterior improvements include a new sidewalk, concrete patio, grading and topsoil restoration, and a newly seeded lawn (2024). Income-producing and well-maintained, this home is currently operated as a successful vacation rental, with the option to sell furnished or unfurnished. It’s an ideal opportunity for investors, house hackers, or owner-occupants looking for move-in ready comfort and income potential. If you like this property, be sure to check out our other listing at 311 Prairie Street —these two are owned together and have a lot in common!

Features of 314 N High Street

MLS® # 6704643
Price $285,000
Bathrooms 0.00
Square Footage 1,884
Acres 0.22
Year Built 1901
Type Single Family
Sub-Type Duplex
Style Duplex Up and Down
Status Pending
Contingency Type None

Community Information

Address 314 N High Street
Subdivision Lake City
City Lake City
County Wabasha
State MN
Zip Code 55041

Amenities

# of Garages 2
Garages Detached, Gravel
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Lot Description Corner Lot, Many Trees
Construction Vinyl Siding, Wood Siding

School Information

District Lake City

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $3,418
Tax Year 2025
Office Brick & Banister Real Estate

Listing Details

OfficeBrick & Banister Real Estate

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