815 W 4th Street, Red Wing, MN 55066

Red Wing
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
815 W 4th Street,Red Wing, MN 55066
$370,000
  • 5 Beds
  • 5 Baths
  • 2,829 sq. ft.
  • Multi-family
  • Active
Listed by: jared d murphy
Office: re/max results
MLS#:7108694
Source:ND_FMAAR

Price summary

  • Price:$370,000
  • Price per sq. ft.:$114.76

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1880
  • Subdivision & Development:City/Red Wing
  • Listing ID #:7108694
  • Added:58 day(s) ago
  • Updated:September 10, 2026 at 03:37 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:2,829 sq. ft.

Heating and cooling

  • Heating:Baseboard, Radiant

Structure and exterior

  • Year built:1880
  • Building area:2,829 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Metal

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$370,000
  • Price per sq. ft.:$114.76
  • Tax amount:$4,206

New listings near 815 W 4th Street