Lori Gustafson

741 S 10th Street

Lake City, MN
$ 249,500 Beds 3 Baths 2 Sq 1,152 Virtual Tour
Monthly Estimate* How much can I afford?

Priced to Sell at $249,500! Enjoy convenient main-floor living in this 3-bedroom, 1-bath home, with laundry all on the main level. The home offers a great opportunity to update and make it your own. Recent improvements include a newer roof, furnace, and water softener. Outside, you’ll find a nice-sized detached garage with a large concrete driveway, providing plenty of parking and possible RV storage. The unfinished full basement with a 3/4 Bathroom, offers abundant storage space or the opportunity to create additional finished living space to suit your needs. Relax and enjoy the four-season porch overlooking the backyard, which is partially fenced and offers a nice outdoor space to enjoy. There's even room for a garden. Great potential, convenient layout, and an attractive price—come see what this home has to offer!

Single Family

  • Price
  • $ 249,500
  • City
  • Lake City
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • WABASHA
  • Half Bathrooms
  • 0
  • Area
  • Peters Add
  • Lot Size
  • 0.275 Acres
  • Zip
  • 55041
  • Sqr Footage
  • 1,152
  • Year Built
  • 1974
  • Taxes
  • $ 1964
  • Style
  • Single Family
  • MLS#
  • 7139918
Listed By: Lakeshore Real Estate Krage &
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1152
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Exhaust Fan,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Construction Materials Block
Year Built 1974
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Wabasha
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Peters Add
Full Baths 1
Directions From Highway 63 head south on 10th street property is on the left
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 1964
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=faXPropEWFu&mls=1
Standard Status Active
Lender Owned No
PostalCity Lake City

Interior Features

Basement Block,Full,Storage Space,Unfinished
Total Fireplaces 1
Fireplace Features Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1152
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 3
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Foundation Dimensions 48x24
Fuel Natural Gas
Garage Dimensions 24x24
Garage Door Width 7
Garage Square Feet 576

Exterior Features

Fencing Chain Link
Parking Features Detached Garage,Concrete,Garage Door Opener
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.275
Building Area Total 2304
Lot Dimensions 120x100
Waterfront Y/N No
Foundation Area 1152
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

9/16/2026 Listed $249,500

Property vs Zip Code Average in 55041

Price
AVG $440K
$250K
Taxes
AVG $4,031
$1,964
Year Built
AVG 1970
1974
Visits
AVG 44
2
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

741 S 10th Street Lake City, MN is a Single Family Home for sale at $249500 with 1152 sqft and a lot size of 0.275 Acres Acre(s). 741 S 10th Street Lake City has 3 bedrooms, 2 baths and was built in 1974. 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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