Real Estate Investment Properties for Sale in Lake City, MN

Looking for investment property in Lake City, MN with high ROI ?

Explore a variety of short-term homes & houses in Lake City, MN. Invest wisely with VRBO & Lake City, MN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lake City, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1329 S Oak Street Lake City, MN Stunning lake property! Experience unparalleled lakeview living with this rare opportunity...	3 beds \| 3 baths \| 3,170 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $3094 Airbnb ROI: N/A Traditional ROI: 2.08%
1422 Woodland Way Lake City, MN TO BE BUILT on Walkout Building Site in the Jewel. Wonderful rambler plan welcomes with t...	3 beds \| 2 baths \| 1,795 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $3535 Airbnb ROI: N/A Traditional ROI: 6.29%
1702 N Lakeshore Drive #3 Lake City, MN Experience lakeside living at its finest in this beautifully updated condo perched on the ...	2 beds \| 2 baths \| 1,224 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2231 Airbnb ROI: N/A Traditional ROI: 1.12%
199 Hillwood Drive Lake City, MN Affordable home in beautiful location at a great price! This location is private, wooded a...	2 beds \| 2 baths \| 1,752 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 7.2%
727 Hidden Meadow Lane Lake City, MN	3 beds \| 3 baths \| 3,276 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $2806 Airbnb ROI: N/A Traditional ROI: 2.9%
1330 N 10th Street Lake City, MN Comfortable living in this spacious 3 Bedroom, 3 Bath Townhome. New furnace is 2023 & new...	3 beds \| 3 baths \| 2,864 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $3092 Airbnb ROI: N/A Traditional ROI: 5.44%
2563 Clubhouse Drive Lake City, MN Discover this beautifully designed 2-bedroom, 2 -bath home in the highly sought-after Jewe...	2 beds \| 2 baths \| 1,780 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2715 Airbnb ROI: N/A Traditional ROI: 5%
308 W Lyon Avenue Lake City, MN This 4 Bedroom, 2 Bath home has lots of living space. Spacious Dining & Living Room. Wel...	4 beds \| 2 baths \| 1,728 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 8.89%
127 Emerald Lake Drive Lake City, MN More Photos Coming. This home features a wonderful floor plan with 3 bedrooms and 2 baths...	3 beds \| 2 baths \| 1,764 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $2784 Airbnb ROI: N/A Traditional ROI: 4.17%
200 E Michigan Street #5 Lake City, MN Experience Luxury Lakeside Living on Lake Pepin! Welcome home to this stunning 2-bedroom, ...	2 beds \| 2 baths \| 1,873 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.5% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: -0.5%
925 S Prairie Street Lake City, MN Just two blocks from beautiful Lake Pepin and all the attractions of Lake City, this adora...	3 beds \| 2 baths \| 1,134 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.61% Airbnb Rental Income: $null Traditional Rental Income: $2111 Airbnb ROI: N/A Traditional ROI: 7.61%
1073 Harvest Way Lake City, MN Great new listing in the First Addition of The Jewel. Open floor plan with spacious entry,...	4 beds \| 3 baths \| 2,928 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 5.24%
68386 County Road 9 Lake City, MN Enjoy this Charming 4 Bedroom country home on 5.48 acres. There is a main floor Full Bat...	4 beds \| 1 baths \| 1,732 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2085 Airbnb ROI: N/A Traditional ROI: 4.56%

Real Estate investment in Lake-city, MN

There are 16 properties for sale in the city of Lake City . The median list price in Lake City is $439,900 and the average price per square foot is $197. In December 2025, the average monthly cash on cash return in Lake City is 5.00%. The average monthly rental income in Lake City is $2,750.

Lake-city, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 16 investment properties available for sale in Lake-city.

In 2025, the best neighborhood to buy investment property is Lake City.

The ROI for Short-Term is higher than the Long-Term in Lake-city with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lake City, MN

1329 S Oak Street

Lake City, MN

3 beds | 3 baths | 3,170 sq.ft.

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3094

Airbnb ROI: N/A

Traditional ROI: 2.08%

1422 Woodland Way

Lake City, MN

3 beds | 2 baths | 1,795 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3535

Airbnb ROI: N/A

Traditional ROI: 6.29%

1702 N Lakeshore Drive #3

Lake City, MN

2 beds | 2 baths | 1,224 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2231

Airbnb ROI: N/A

Traditional ROI: 1.12%

199 Hillwood Drive

Lake City, MN

2 beds | 2 baths | 1,752 sq.ft.

$249,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2306

Airbnb ROI: N/A

Traditional ROI: 7.2%

727 Hidden Meadow Lane

Lake City, MN

3 beds | 3 baths | 3,276 sq.ft.

$535,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2806

Airbnb ROI: N/A

Traditional ROI: 2.9%

1330 N 10th Street

Lake City, MN

3 beds | 3 baths | 2,864 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3092

Airbnb ROI: N/A

Traditional ROI: 5.44%

2563 Clubhouse Drive

Lake City, MN

2 beds | 2 baths | 1,780 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5%

Airbnb Rental Income: $null

Traditional Rental Income: $2715

Airbnb ROI: N/A

Traditional ROI: 5%

308 W Lyon Avenue

Lake City, MN

4 beds | 2 baths | 1,728 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2604

Airbnb ROI: N/A