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Street View
$374,900
5 Beds
- 5 Baths
2,829sqft
815 W 4Th St, Red Wing, MN 55066
$374,900
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Apartment
Built in 1880
$-- HOA
0.23 acre lot
$133/sq.ft
Description
Turnkey 5-Unit Investment Opportunity in Red Wing Fully leased 5-plex in a desirable, walkable historic neighborhood just minutes from downtown and the Mississippi River. Property features 4 one-bedroom units and 1 studio, generating $5,075/month in gross rental income with continued upside potential. Recent improvements include updated interiors, flooring, paint, and major mechanicals: new boiler (2025), water heater (2020), and roof (2018)—helping minimize near-term capital expenses. Generous lot with on-site and street parking. Strong rental demand area with consistent occupancy—ideal for investors seeking a stable, income-producing asset with upside.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1880
HOA Fees
-
Finished Area
2,829 sqft
Lot Size
0.23 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7108694
Days on Market
8
Cumulative Days on Market
242
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