321 W Michigan Street W

Lake City, MN
$ 289,900 Beds 3 Baths 2 Sq 1,308
Monthly Estimate* How much can I afford?

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

Single Family

  • Price
  • $ 289,900
  • City
  • Lake City
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • WABASHA
  • Half Bathrooms
  • 0
  • Area
  • Lake City
  • Lot Size
  • 0.247 Acres
  • Zip
  • 55041
  • Sqr Footage
  • 1,308
  • Year Built
  • 1971
  • Taxes
  • $ 2572
  • Style
  • Single Family
  • MLS#
  • 7108100
Listed By: Plaza Realty of Rochester,Inc.
Data Source: Northstar MLS (NSTAR)

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
Garage Spaces 2
Year Built 1971
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Wabasha
New Construction No
Property Type Residential
HOA No
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
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2572
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Lake City

Interior Features

Basement Block,Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1008
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 Features

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 No
Foundation Area 1008
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/12/2026 Listed $299,900
9/1/2026 4% - $289,900

Property vs Zip Code Average in 55041

Price
AVG $450K
$290K
Taxes
AVG $3,965
$2,572
Year Built
AVG 1971
1971
Visits
AVG 45
30
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

321 W Michigan Street W Lake City, MN is a Single Family Home for sale at $289900 with 1308 sqft and a lot size of 0.247 Acres Acre(s). 321 W Michigan Street W Lake City has 3 bedrooms, 2 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 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

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Joan Hunt

Joan Hunt

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