Listed at
$185,000
$133/sqft

Lake City

305 N Prairie Street, Lake City, MN, 55041
3  Bedrooms2  Bathrooms1,394  Square Feet0.206  Acres
Days on market55
Year built1905
Garage spaces1
TypeResidential
Est. $2,550buyer credit when you buy with SODL
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About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1905
LevelsTwo
Living area1,394 sqft
Above-grade finished1,394 sqft
Below-grade finished0 sqft
Lot size0.206 acres (60x150)
Days on market55
ListedMar 18, 2026
MLS #NST7038498
CountyWabasha
SubdivisionLake City
Parcel #R220067500

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Range, Refrigerator

Property

Levels / stories
Two
Garage
1 space · 12x30 · 360 sqft
Parking features
Detached Garage, Gravel
Patio & porch
Deck, Front Porch
Exterior features
Vinyl, Wood
Lot size
0.206 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Frame, Stone
Foundation
Block, Stone · 956 sqft
Roof
Asphalt
Year built
1905

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Lake City
HOA
No HOA
School district
813 - Lake City
High school district
Lake City

Financial & listing details

Annual tax
$2,392 (2025)
Listed
Mar 18, 2026
Days on market
55
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementPartial, Storage Space, Unfinished
HeatingForced Air
CoolingCentral Air
LaundryMain Level
AppliancesDishwasher, Range, Refrigerator
DiningEat In Kitchen
AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Window, Natural Woodwork, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl, Wood
RoofAsphalt
FoundationBlock, Stone
Foundation area956 sqft
Patio/porchDeck, Front Porch
Lot featuresTree Coverage - Light
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Gravel
Garage spaces1
Garage size360 sqft

Financial details

Annual taxes$2,392
Tax year2025
Taxes w/ assessments2392
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District813 - Lake City
District number813
District phone6513452198
High schoolLake City
SODL flat fee brokerage
$2,550Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,550

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,233/mo
Principal & interest$972
Property taxes$199
Home insurance (est.)$62
%
$37,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

305 N Prairie Street, Lake City, MN, 55041

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Listing information

MLS #NST7038498
StatusClosed
Last updatedMay 14, 2026, 2:54 PM
Originally listedMar 18, 2026, 10:51 AM
Listing officeLakeshore Real Estate Krage &
Co-listing officeLakeshore Real Estate Krage &

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.