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$635,000

  • Sold
  • Closed
  • Duplex
  • 2,104 Sq. Ft.
  • 2 Car Garage
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Rare investor opportunity! Don't miss your chance to own this exceptional duplex featuring breathtaking, unobstructed views of Lake Pepin. Perfectly positioned and well-maintained, this property offers outstanding flexibility-live in one unit and rent the other, generate income through short-term rentals, or add a solid asset to your investment portfolio. Each unit is designed to maximize natural light and lake views, with expansive patio doors that open onto patio...ideal for relaxing and soaking in the stunning scenery. Walking distance to the river walk, downtown shopping, dining, beach and marina. Whether you're looking for a scenic retreat with income potential or a smart investment in a sought-after location, this duplex offers the best of both worlds-value and beauty with a view.

Full Property Details for 413 N Franklin St

General

  • Sold For: $635,000
  • Taxes: $4,992 (2025)
  • Status: Closed
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6729350
  • Added to Site: 227 day(s) ago

Parking

  • Garage: Yes
  • Garage Description: 20 x 19
  • Garage Spaces: 2

School Information

  • School District: 813 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Water Features

  • Water Front Name: Pepin
  • Water Front Desc.: Lake View
  • Water Front Slope: Level
  • Water Front Num: 25000100
  • Lake Acres: 25215
  • Lake Depth: 60

Financial Considerations

  • Tax Amount: $4,992
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Tenant Pays: All Utilities, Electricity, Fuel, Gas, Taxes, Trash Collection
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Tenant Pays

Disclosures and Reports

  • Legal Description: SECT-05 TWP-111 RANGE-012 LAKE CITY LOT-003 BLOCK-006
  • Property ID: R220021500

Listed and Sold by Lakes Sotheby's International Realty

Listing agent

— 413 N Franklin St —

  • Lakes Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 413 N Franklin St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61.2 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 413 N Franklin St

Date
Details
Price
Change
Source
8/15/2025
Sold
$635,000
-15.32%
MLS
6/08/2025
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed and Sold by Lakes Sotheby's International Realty

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413 N Franklin Street, Lake City, MN 55041 (MLS# 6729350) is a Duplex property that was sold at $635,000 on August 15, 2025. Want to learn more about 413 N Franklin Street? Do you have questions about finding other Duplex real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.