402 W 7th Street, Red Wing, MN 55066

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
402 W 7th Street,Red Wing, MN 55066
$265,000
  • 5 Beds
  • 3 Baths
  • 2,449 sq. ft.
  • Multi-family
  • Active
Listed by: neal topliff, beth topliff
Office: draz real estate inc.
MLS#:7002412
Source:NSMLS

Price summary

  • Price:$265,000
  • Price per sq. ft.:$108.21

About this home

This triplex is a great investment opportunity! Unit 1 is located on the main level and it is used as a fully furnished Short Term Rental. This unit is warm and inviting and offers a bright living room, large kitchen with a walk-out bay window, and one spacious bedroom with an ensuite full bath that has a beautiful tile surround. Unit 2 is a Long Term Rental located on the main level and it features a large living room, 2 bedrooms, office, eat-in kitchen, full bath and an in unit washer and dryer. Unit 3 is located on the upper level and has a living room, kitchen, 2 bedrooms, walk-in closet, storage closet, laundry room and a full bath. Units 2 and 3 have Long Term Rental Licenses with the City of Red Wing and Unit 1 has a Short Term Rental License. The building last passed the City of Red Wing's rental inspection in late 2025. In the last few years, the owners have added a whole house water softener, put in a new boiler that heats units 1 and 2, installed new water heaters in

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Home facts

  • Year built:1880
  • Listing ID #:7002412
  • Added:11 day(s) ago
  • Updated:January 23, 2026 at 06:31 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:2,449 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt, Pitched
  • Year built:1880
  • Building area:2,449 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$108.21
  • Tax amount:$3,776 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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