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$360,000

Listing Price

3beds

1baths

1,080sqft

4,952sqft lot

311 N Franklin St, Lake City, MN 55041

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

319.44

Price / sqft

1890

Year built

Home Details

Discover this charming cottage retreat just one block from Lake Pepin, Ohuta Beach & Lake City Marina PRIME LOCATION & INVESTMENT OPPORTUNITY! nWhether youre searching for a peaceful full-time residence, a cozy weekend escape, or a high-performing vacation rental property, this home offers the ultimate blend of lifestyle, location, and opportunity.nLocated in one of Lake Citys most sought-after neighborhoods, this beautifully maintained cottage-style home puts you just steps from lake breezes, the scenic riverwalk, quaint shops and restaurants, and all the citys top attractionsincluding festivals, boating, and lakeside fun.nInside youll find cozy living spaces filled with natural light and thoughtful updates. Enjoy peaceful mornings with coffee, chirping birds, and lake views from inside the enclosed front porch. Step outside into a beautifully designed backyard oasis, perfect for both relaxing and entertaining. Gather with family and friends around the built-in fire pit for enchanting evenings under the stars, or enjoy the flexible outdoor denideal for lounging, games, or watching the big game in the fresh air. The spacious deck provides a perfect setting for weekend barbecues and outdoor dining.nDont miss your chance to own a slice of Lake Citys most picturesque and vibrant lakeside living!

Interior Details

Square Feet
  • 1080

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4952

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,054

$33,800

$69,600

--%

$103,400

2020

$1,054

$22,500

$70,100

--%

$92,600

2019

$1,068

$22,500

$69,500

--%

$92,000

2017

$1,374

$22,500

$63,300

--%

$85,800

2015

$1,398

$0

$0

--%

$0

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Average Home Price in 55041

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$224,263

2 Beds

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Sold 10/02/2026

$213,699

3 Beds

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Sold 09/23/2026

$238,664

2 Beds

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Sold 09/23/2026

$348,144

2 Beds

1 Baths

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Sold 07/25/2026

$259,000

2 Beds

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Sold 09/29/2026

$239,900

2 Beds

2.5 Baths

1,004 Sqft

7,099 Lot (sqft)

Sold 10/06/2026

$306,513

2 Beds

2.5 Baths

1,155 Sqft

7,099 Lot (sqft)

Sold 10/06/2026

$214,000

2 Beds

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9,731 Lot (sqft)

Sold 09/29/2026

$299,900

3 Beds

2 Baths

1,061 Sqft

7,099 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
360,000
$
Down payment
72,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,160
$
HOA (Monthly)
0
$
PMI
0
$
$2,330
Your Payment
Total Monthly Payment:$2,330
Percent of Income:40%
Affordable:No

Details for 311 N FRANKLIN ST

Property Debt

Foreclosure Contact Details