417 N Washington Street Lake City, MN $ 385,000
417 N Washington Street
$ 385,000
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417 N Washington Street

Lake City, MN, 55041
$ 385,000
Bedrooms4 Baths2.1 Sq 2,612

Monthly Estimate*

$ 2,659

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Multi-Family Home for sale in Lake City, MN

for $385,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,612 square foot home was built in 1921 on a lot size of 0.112.

Discover this corner lot duplex that has been cherished by the same owner for the past 40 years. Located just a few blocks from the serene lakefront and the bustling downtown area. This property presents a rare opportunity for those looking for a home with potential in a prime location. Set up as a duplex, this residence offers flexibility for buyers. It has 4 bedrooms and 2.5 bathrooms. You can continue to utilize it as a multi-family investment or easily convert it into a spacious single-family home to suit your lifestyle. With generous square footage, both units feature comfortable living spaces, sizable bedrooms, and lots of natural light. The four car garage offers ample storage space. This property is a solid structure waiting for your creative vision to make it your own. The backyard invites outdoor enjoyment and provides plenty of space for gardening or entertaining. Embrace the chance to design your own oasis in a location that is both tranquil and convenient. Don't miss out on this opportunity to own a piece of property in Lake City that holds a rich history and is ready for a new chapter!

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Multi-Family Active

Price

$ 385,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 3,800

Style

Duplex Up and Down

Lot Size

0.112

Year Built

1921

Town/City

Lake City

County/Region

Wabasha

MLS | Web ID

7084884

Features
General
Living Area 2612
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 4
Year Built 1921
Tenant Pays All Utilities
View River
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2025
Gross Income 0
Accessibility None
County Wabasha
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Lake City
Directions Heading north on Highway 61 turn right on E Woodburn St. White house on the corner.
City Lake City
High School District Lake City
Zoning Description Residential-Multi-Family Residential-Single Family
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 1
Land Lease Y/N N
Tax Annual Amount 3800
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full Partially Finished Storage Space
Basement (Y/N) Y
Above Grade Finished Area 2112
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 500
Total Baths 3
Foundation Dimensions 1056
Fuel Natural Gas
Garage Dimensions 24x36
Garage Door Width 7
Garage Square Feet 864
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Exterior
Parking Features Carport Detached Garage Concrete Garage Door Opener
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.112
Building Area Total 2112
Lot Dimensions 82'x60'
Waterfront Y/N N
Foundation Area 1056
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 417
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* Excluded Features
List By
Raven Realty

Broker

josh@ravenrealtors.com

Email

Affordability Calculator

$2,976
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
$317
Monthly 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
709452 Elementary School
709308 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/7/2026$385,000 -14.43% Price Down
7/14/2026$449,900 Listed Price

Map


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417 N Washington Street, Lake City, MN, 55041 is a Multi-Family Home for sale at $385,000 with 2,612 sqft and a lot size of 0.112. 417 N Washington Street has 4 bedrooms, 2.1 baths, and was built in 1921. The property's zip code is 55041 which is in Lake City, MN