Lyon County Real Estate

Lyon County Real Estate

Lyon County, Minnesota is a beautiful area located in the southwestern corner of the state, just north of Sioux Falls. With a population of just over 25,000, Lyon County is a rural area with plenty of opportunities for outdoor recreation and exploration. The county is home to several lakes, including Lake Shetek, which is the largest lake in the state. The nearby towns of Marshall, Balaton, and Tracy offer a variety of shopping and dining options, as well as a number of parks and other recreational areas.

The county is also home to a number of historical sites, such as the Pipestone National Monument, which is a sacred site for many Native American tribes. Additionally, the county is home to a number of museums and galleries, including the Lyon County Historical Museum and the Tracy Area Art Museum.

The county is served by two public school districts, the Marshall-Lyon County Public Schools and the Tracy Area Public Schools, as well as a number of private schools. The county also has a number of higher education options, including Southwest Minnesota State University in Marshall and Minnesota West Community and Technical College in Worthington.

Overall, Lyon County is a great place to live, work, and play. With its beautiful scenery, rich history, and abundance of recreational and educational opportunities, it's easy to see why so many people choose to call Lyon County home.

Newest Listings in Lyon County

$249,900
7140136 MLS
Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.

104 W Main Street, Cottonwood

Listing courtesy of RE/MAX Results.

$99,000
2 Beds ⋅ 1 Baths ⋅ 7144954 MLS
Affordable housing in Tracy! You are looking at it! Perfect investment home, starter home, small family, or elderly. Everything on one level. Immaculate condition with numerous upgrades, including modern windows, up graded bathroom, flooring, paint. Includes washer dryer, stove and refrigerator. Minimum maintenance yard with two car garage, Ramp, and Deck to entry. This is a cozy little home in Tracy which has an aquatic center, recreation center, hospital, grocery store, bank, restaurants, convenience store, numerous churches and parks and not far from Lakes...

273 E Morgan Street, Tracy

Listing courtesy of Real Estate Retrievers LLC.

$240,000
4 Beds ⋅ 2 Baths ⋅ 7145252 MLS

103 Fremont Street, Marshall

Listing courtesy of Edina Realty, Inc..

$70,000
3 Beds ⋅ 1 Baths ⋅ 7144458 MLS
Looking for your next project? This charming 1,000 square-foot fixer-upper offers an opportunity to transform a house into a home. Featuring 3 bedrooms, 1 bathroom, and convenient main-level living, this property has a practical layout and plenty of potential for the right buyer. Close to the park in the welcoming community of Cottonwood, this home is ready for someone with a vision to bring out its possibilities. Whether you're looking to renovate, create a comfortable residence, or add to your investment portfolio, this property is worth a look. Bring your ideas, your tools, and your imagination!

168 E Park Street, Cottonwood

Listing courtesy of Full Circle Realty Group.

$215,000
3 Beds ⋅ 3 Baths ⋅ 7143623 MLS
Welcome to 207 E Lyon Street in Marshall! This well-maintained, one-owner home offers character, thoughtful custom features, and an abundance of storage throughout. From built-in cabinetry and convenient storage nooks to a personal Rolle-Bolle court in the backyard, this home offers features you won’t find everywhere. The main level features spacious living areas, including a comfortable living room, dining room, and functional galley kitchen. The primary bedroom and a ¾ bathroom with a large built-in storage cabinet complete the main level. Upstairs, you’ll find two generously sized bedrooms, each offering built-in cabinetry and storage, along with a convenient half bathroom and a hallway featuring additional storage. The lower level provides even more living space with a large family room, potential fourth bedroom, laundry room, and an additional ¾ bathroom. A dedicated storage room includes shelving for organization, as well as a chest freezer and second refrigerator. With spacious living areas, extensive built-in storage, and a unique backyard recreation feature, this home offers plenty of room to live, work, and entertain.

207 E Lyon Street, Marshall

Listing courtesy of Wilson O'Brien REALTORS.

$235,000
4 Beds ⋅ 2 Baths ⋅ 7141565 MLS
A home to make your own OR an established investment opportunity ready for its next owner! 404 Walnut Street offers a unique opportunity to purchase a charming, thoughtfully updated home that is currently operating as a successful, fully functional Airbnb. For buyers looking to invest, the existing short-term rental operation can be transferred to the new owner, if desired, offering the opportunity to step into an established business rather than starting from scratch. Prefer to call it home? It is equally ready to welcome its next full-time owner. Inside, hardwood floors and abundant natural light create a warm, inviting feel throughout the main level. The living room flows seamlessly into the dining area and updated kitchen, complete with stainless steel appliances, a stylish backsplash, and direct access to the back deck. Three nicely sized bedrooms and a full bathroom are also conveniently located on the main level. Upstairs, the expansive finished walk-up attic adds an impressive amount of versatile living space. Skylights fill the area with natural light, while a gas fireplace adds warmth and character. Create a spacious primary retreat, family room, home office, guest quarters, or a combination that works for you. The basement offers even more possibilities with a largely blank canvas ready to be finished to fit your needs. Imagine a game room, second living area, home gym, additional bedroom space, or whatever your plans call for. A 3/4 bathroom, laundry area, and updated mechanicals are already in place, giving you a great head start. Outside, enjoy a fenced backyard, deck, storage shed, and detached two-stall garage. Whether you're searching for your next home or looking to add an established short-term rental to your investment portfolio, 404 Walnut offers an exciting combination of character, space, flexibility, and income-producing potential. Move in and make it yours, or continue the established Airbnb operation as its next owner!

404 Walnut Street, Marshall

Listing courtesy of Edina Realty, Inc..

$275,000
4 Beds ⋅ 2 Baths ⋅ 7143546 MLS
This inviting 4-bedroom, 2-bathroom home offers flexible living space with the option to use one of the bedrooms as a den, office, or additional living area. Located directly across from the golf course and close to a nearby park, this home offers a wonderful setting for enjoying the outdoors. Inside, you’ll love the beautifully updated kitchen, offering a fresh and modern space for cooking and entertaining. The spacious layout provides plenty of room for family, guests, hobbies, or a home office. Outside, enjoy the large backyard, perfect for relaxing, entertaining, or enjoying time with family.

107 Marlene Street, Marshall

Listing courtesy of Full Circle Realty Group.

$465,000
3 Beds ⋅ 2 Baths ⋅ 7142873 MLS
Discover effortless main-level living in this beautifully designed, one-year-old patio home, where modern comfort meets understated elegance. Dark trim, paneled doors, and soaring ceilings create a refined sense of style, while the welcoming front porch offers an inviting spot for morning coffee or evening tea. At the heart of the home, the open-concept living, dining, and kitchen areas provide a seamless setting for everyday living and entertaining. The thoughtfully appointed kitchen features custom soft-close cabinetry, a striking center island with quartz countertops, and a generous walk-in pantry. Just beyond the dining area, a patio door opens to a concrete patio—perfect for grilling, relaxing, and enjoying the outdoors. The main-level laundry room offers abundant closet space and convenient access to the attached three-stall garage. The private primary suite is comfortably proportioned and includes an elegant bath with a custom walk-in shower, dual sinks, marble countertops, and a spacious walk-in closet. With three bedrooms, two bathrooms, and laundry all on the main floor, the home is designed for convenient, one-level living. An unfinished upper level provides exceptional flexibility for a future guest suite, game room, fitness or yoga studio, or expansive home office. Enjoy the quality, peace of mind, and contemporary appeal of newer construction at an attractive value. Schedule your private showing today.

1508 Ellis Avenue, Marshall

Listing courtesy of Weichert REALTORS Tower Properties.

$145,000
4 Beds ⋅ 2 Baths ⋅ 7140079 MLS
Looking for space, character, and a great price point? This 4-bedroom, 2-bath home offers plenty of potential with room to make it your own! You’ll appreciate the newer vinyl siding and shingles, a large driveway with ample parking, and the charm and character throughout. The detached garage also provides extra storage. While some light cosmetic updates could bring a fresh new look, the home offers a functional layout, generous space, and a solid opportunity to build equity over time. Whether you’re a first-time buyer, growing household, or simply looking for a home you can personalize, this one offers a lot of value for the price! Schedule your showing today!

410 N 6th Street, Marshall

Listing courtesy of Edina Realty, Inc..

$349,900
5 Beds ⋅ 4 Baths ⋅ 7135170 MLS
Welcome home to this spacious and thoughtfully designed property featuring an inviting open layout. The eat-in kitchen flows naturally into the family room., complete with a beautiful brick fireplace with shelving-perfect for gathering and entertaining. Separate dining and living rooms provide additional space for both everyday living and special occasions. The main level offers a convenient Hal bath and laundry room just off the garage entrance. Upstairs, you’ll find three bedrooms, including a spacious primary suite with a private full bath and walk-in closet. The finished basement adds even more living space with a recreation room, two more bedrooms and a bath with shower. Outside, enjoy an extra-large backyard with plenty of room to relax, play and entertain. The yard is fully irrigated and features programmable Trimlight lighting adding year-round curb appeal for the perfect ambiance for evening outdoors. With generous living spaces, five bedrooms three ans a half baths and an oversized backyard this home offers the space, flexibility and features you’ve been looking for.

1204 Horizon Drive, Marshall

Listing courtesy of Marshall Area Homes.

$79,000
1 Baths ⋅ 7140022 MLS
The previous owner has retired and is offering two great move-in condition buildings. One a previous body, shop, still has the paint booth. This finished, heated and air conditioning, could be multi use possible wood shop, repair shop, or storage. The second building is the pole barn type. with two overhead garage doors. The buildings are in great condition.

945 Morgan Street, Tracy

Listing courtesy of Real Estate Retrievers LLC.

$1,900,000
7139761 MLS
Rare commercial opportunity in a prime Marshall location. This expansive property sits on approximately 15.2 acres with excellent visibility and convenient access off Highway 23, offering a unique opportunity for investors, developers, and owner-users. The property currently features 23 individual units and B-3 General Business District zoning, offering tremendous potential for redevelopment, investment, retail, office, service businesses, or a combination of uses. The existing property provides an opportunity for a buyer to transform the current space to fit their vision and business needs. Bring your vision, your business plan, and your ideas. This property has the space and potential to make them happen. Buyers and buyers' agents to verify zoning, permitted uses, measurements, utilities, and all information important to their intended use.

1420 College, Marshall

Listing courtesy of RE/MAX Advantage Plus.

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