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308 W Iowa Street

Lake City, MN 55041

4 beds
3 baths
3,717 sqft
8,276 sqft lot
$130 per sqft
2003 build
– on site

Gorgeous 4-Bed, 3-Bath Townhome Just 2 Blocks from Lake Pepin – No HOA! This beautifully updated townhome offers the perfect mix of comfort, space, and location—with no HOA fees and just two blocks from Lake Pepin. Thoughtfully refreshed throughout with new flooring, lighting, appliances, furnace, and fresh paint, it’s truly move-in ready. Step inside to a bright, open main level featuring vaulted ceilings, rich wood floors, and a cozy gas fireplace that anchors the spacious living and dining area. The updated kitchen is both stylish and functional, with high-end stainless steel appliances, eye-catching new countertops and backsplash, and plenty of cabinet space. Enjoy your morning coffee or unwind in the evening on the large deck just off the dining area. The main floor also includes two bedrooms, including a serene primary suite complete with its own gas fireplace, walk-in closet, heated floors, a jetted soaking tub, and separate walk-in shower. The convenient main floor laundry/mudroom adds even more storage and everyday function. The fully finished lower level is perfect for entertaining or multi-generational living, offering a large family room, second kitchen, third gas fireplace, two more bedrooms, a full bath, media room, and ample storage space. Outside, you’ll find a fenced backyard, a storage shed, and a heated, insulated garage. With tasteful upgrades throughout and a prime location near the lake, this townhome checks all the boxes.

Listing courtesy of NORTHSTAR / Vicki Krage / Lakeshore Real Estate Krage & Associates, LLC.

Last checked: Checking… • Last updated Jul 4, 2025 •

MLS# 6739141 —

The Building

Year Built:

2003
New Construction:

false
Age Of Property:

22
Construction Materials:

Brick/Stone, Metal Siding
Construction Materials Desc:

Block,Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

2016.0000
Basement:

Block, Daylight/Lookout Windows, Finished, Storage Space
Basement:

true
Foundation Area:

2016
Manufactured Home:

No
Building Area Total:

4032
Above Grade Finished Area:

2016
Below Grade Finished Area:

1701

Interior

Dining Room Description:

Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fireplace:

true
Fireplaces Total:

3
Fireplace Features:

Family Room, Gas, Living Room, Primary Bedroom
Amenities:

Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Room Dimensions

Living Area:

3717

Location

Directions:

Hwy 61 to Lake City, right on Iowa St., home on the right.
Latitude:

44.440039
Longitude:

-92.258814

The Property

Parcel Number:

R220218300
Zoning Description:

Residential-Multi-Family,Residential-Single Family
Property Type:

Residential
Property Subtype:

Townhouse Side x Side
Property Attached:

true
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

0.19
Lot Size Dimensions:

55 x 150
Lot Size SqFt:

8276.4
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs, Paved Streets, Street Lights
Road Responsibility:

Public Maintained Road
Fencing:

Vinyl
Water Source:

City Water/Connected
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

5310
Tax With Assessments:

5310.0000

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Bath Description:

Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor Full Bath,Separate Tub & Shower,Jetted Tub,Walk-In Shower Stall
Full Baths:

3

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Fireplace(s), Radiant Floor
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented

Schools

High School District:

Lake City

The Community

Subdivision Name:

South Oak Ridge Twnhms
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete, Garage Door Opener, Insulated Garage
Garage Spaces:

2
Garage Dimensions:

22 x 26
Garage SqFt:

572

Monthly cost estimate

Asking price

$485,000

Expense	Monthly cost
Mortgage	$2,597
Taxes	$442
Insurance	$133
Utilities	$160 See report
Total	$3,332/mo.^*
	^*This is an estimate

Explore the Area

My Commute

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Walk Score®

Provided by WalkScore® Inc.

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/3/25 Jul 3, 2025	Price Changed	NORTHSTAR	$485,000	-2.8%
6/18/25 Jun 18, 2025	Listed / Active	NORTHSTAR	$499,000	19.1% (6.1% / YR)
4/27/22 Apr 27, 2022		NORTHSTAR	$419,000	1.0%

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This townhouse located in Lake City, MN 55041 is currently for sale for $485,000. 308 W Iowa Street is a 3,717 square foot townhouse with 4 beds and 3 baths that has been on Estately for 27 days. This townhouse is in the attendance area of Bluff View Elementary School and Lincoln High School.

Listing Courtesy of: NORTHSTAR and Lakeshore Real Estate Krage & Associates, LLC..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.