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305 N Prairie Street, Lake City, MN 55041

Lake City · Wabasha County

Key Facts

3Beds
2Baths
1,872Sq Ft
1905Year Built
0.20Lot (acres)
1Garage
2Stories

Description

Spacious and full of potential, this 4-bedroom, 2-bath home offers classic appeal and the opportunity to build some equity. Currently used as a rental, the property features a large kitchen with a center island, a comfortable living room with hardwood floors, and taller ceilings that enhance the natural light and create an open, airy feel. The main level includes one bedroom, while the upper level offers three additional bedrooms and a full bath—ideal for a variety of living arrangements. Hardwood floors are present and ready to be refinished, offering a great opportunity to add value and personalize the space. A detached one-car garage adds storage convenience, and the home’s solid structure provides a strong foundation for future updates. Whether you're looking for your next home or a smart investment, this property offers plenty of opportunity to make it your own.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

(SF) Single Family

Year Built

1905

Stories

2

Living Area

1,872 sq ft

Lot Size

0.20 acres

Lot Dimensions

60x150

Garage Spaces

1

Zoning

Residential-Single Family

Days on Market

41

MLS® Listing#

7038498

Property Features

Interior:
Ceiling Fan(s)
Appliances:
Dishwasher, Range, Refrigerator
Cooling:
Central Air
Heating:
Forced Air
Flooring:
Hardwood
Basement:
Partial, Storage Space, Unfinished
Laundry:
Main Level, Washer Hookup
Patio:
Deck, Front Porch, Porch
Construction:
Block, Frame, Stone
Foundation:
Stone
Roof:
Asphalt, Shingle
Sewer:
Public Sewer
Water Source:
Public

Rooms

  • 12x14Second
  • 7x12Second
  • 15.5x12Main
  • 12x14.5Second
  • Dining RoomMain
  • Kitchen15x15Main
  • Living Room14x20Main

HOA & Tax

HOA:
None
Annual Tax:
$2,392
Parcel #:
R220067500

Directions

From HWY 63 in Lake City, go north on Prairie Street, property is on the left.

Affordability Calculator

$37,000

Estimated monthly payment

$985/mo

Principal $148,000 · Est. interest $206,473 over 30 yrs

Location

  • 305 N Prairie Street, Lake City, MN 55041

Nearby Schools

  • St. John's Lutheran Church

    School · 0.1 mi away

  • Lincoln High School

    Secondary · 0.4 mi away

  • Lake City School District

    School · 0.4 mi away

  • Bluff View Elementary

    Elementary · 0.8 mi away

  • Pepin Area Schools

    Secondary · 6.2 mi away

  • St Felix Catholic School

    School · 12.7 mi away

  • Ave Maria Academy

    School · 13.0 mi away

  • Red Wing High School

    Secondary · 13.4 mi away

  • Plum City Elementary School

    Elementary · 13.4 mi away

  • MCF Redwing Maginnis High School

    Secondary · 13.5 mi away

  • Plum City School District

    Secondary · 13.6 mi away

  • Wabasha-Kellogg Elementary School

    Secondary · 14.3 mi away

  • Wabasha Kellogg Public Schools

    School · 14.4 mi away

  • Colvill Family Center

    School · 14.9 mi away

  • Red Wing Public Schools

    School · 14.9 mi away

  • Twin Bluff Middle School

    Secondary · 14.9 mi away

  • Sunnyside Elementary

    Elementary · 15.0 mi away

  • St Johns Lutheran School

    School · 15.1 mi away

  • St Johns Goodhue

    School · 15.5 mi away

  • Jefferson School

    Elementary · 15.7 mi away

Commute Calculator

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EXIT Agents in Lake City

Listing Courtesy: Lakeshore Real Estate Krage & - 6513808516

Presented by: Erika Blim

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by FargoMoorhead. MLS® Listing#7038498. © 2026EXIT Realty®. All rights reserved.