321 W Michigan Street W Lake City, MN ^$ 289,900

321 W Michigan Street W

^$ 289,900

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Open House 10/18 1pm - 2:30pm

321 W Michigan Street W

Lake City, MN, 55041

^$ 289,900

Bedrooms3 Baths2.0 Sq 1,308

Monthly Estimate*

^$ 2,002

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Single Family Home for sale in Lake City, MN

for $289,900 with 3 bedrooms and 2 full baths. This 1,308 square foot home was built in 1971 on a lot size of 0.247.

TWO BLOCKS FROM LAKE PEPEIN, IMMEDIATE POSSESSION! This is a wonderful ranch home featuring a hard surfaced countertop, nice floors, and much more PLUS a very large garage with ample room for benches, and storage. The double lot provides for ample free space for many outdoor activities. Inside space, plus outside space, plus close to Lake Pepin.GO

Open House

10/18/2026 1:00 PM - 2:30 PM

321 W Michigan Street W Lake City, MN

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

^$ 289,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,572

Style

Single Family

Lot Size

0.247

Year Built

1971

Town/City

Lake City

County/Region

Wabasha

MLS | Web ID

7108100

Features

General

Living Area 1308

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Roof Metal

Appliances Dishwasher Dryer Gas Water Heater Range Stainless Steel Appliances

HOA Fee 0

Garage Spaces 2

Year Built 1971

Electric Circuit Breakers

Levels One

Property Subtype Single Family

Tax Year 2025

Accessibility None

County Wabasha

New Construction N

Property Type Residential

HOA N

Contingency None

Subdivision Name Lake City

Full Baths 1

Directions hIGHWAY 61 SOUTH TO OAK STRET TO WEST MICHIGAN. TURN RIGHT ON W MICHIGAN. HOUSE IS ON THE LEFT. TURN LEFT ON SOUTH GARDEN STREET AND PARK IN THE DRIVEWAY.

City Lake City

High School District Lake City

Zoning Description Residential-Single Family

Lot Size Units Acres

Carport Spaces 0

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2572

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Full

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 1008

Half Baths 0

1/4 Baths 0

3/4 Baths 1

Laundry Features Lower Level

Total Bedrooms 3

Below Grade Finished Area 300

Total Baths 2

Bath Desc 3/4 Basement Main Floor Full Bath

Foundation Dimensions 24 X 42

Fuel Natural Gas

Garage Dimensions 28 x 24

Garage Square Feet 672

Exterior

Parking Features Detached Garage Gravel Garage Door Opener

Water Source City Water/Connected

Lot Size Area 0.247

Building Area Total 2016

Lot Dimensions 100 X 144

Waterfront Y/N N

Foundation Area 1008

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 321

* Excluded Features

List By

Plaza Realty Of Rochester,Inc.

Broker

jjminblzr@aol.com

Affordability Calculator

$2,217

Per Month

Monthly Principal & Interest: $2,002
Monthly Property Taxes: $214
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Lake City, MN

Average List Price ^$465,031

Percent of Sale Price 60%

About Lake City, MN

7,928 Population

6% Since 2002

^$58,565 Median Income

46.45 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709452 Elementary School

709308 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/1/2026	$289,900	-3.33%	Price Down
7/12/2026	$299,900		Listed Price

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321 W Michigan Street W, Lake City, MN, 55041 is a Single Family Home for sale at $289,900 with 1,308 sqft and a lot size of 0.247. 321 W Michigan Street W has 3 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 55041 which is in Lake City, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is 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.

Data is updated as of 10/16/2026.

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321 W Michigan Street W

Single Family Home for sale in Lake City, MN

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