Red Wing Homes with Apartments/Multi Family Style

Red Wing Homes with Apartments/Multi Family Style

Welcome to Red Wing, Minnesota – a picturesque city nestled along the banks of the majestic Mississippi River in Goodhue County. Known for its stunning bluffs, vibrant arts scene, and rich history, Red Wing is a place where charm meets modern living. With a population of just over 16,000 residents, this tight-knit community offers a perfect blend of small-town warmth and urban convenience.

One of the most appealing aspects of Red Wing is its diverse housing options, particularly the availability of homes with apartments or multi-family styles. Whether you're an investor looking for rental opportunities or a homeowner seeking extra income, these properties provide a unique chance to enjoy the benefits of multi-family living. Imagine having your own cozy residence while sharing the space with tenants, creating a community atmosphere right at home.

The city boasts a variety of architectural styles, from historic brick buildings to contemporary designs, ensuring that there’s something for everyone. With proximity to local amenities, schools, and parks, multi-family homes in Red Wing are not just a smart investment; they offer a lifestyle enriched by community engagement and outdoor activities.

Explore the scenic trails of the nearby Barn Bluff, indulge in the local dining scene, or visit the renowned Red Wing Pottery for a taste of the city’s artisanal heritage. With its welcoming spirit and diverse housing options, Red Wing is more than just a place to live; it’s a place to thrive. Come discover your next home in this charming river town!

Newest Red Wing Homes with Apartments/Multi Family Style

815 W 4th Street, Red Wing
$370,000
7163294 MLS

815 W 4th Street, Red Wing

Listing courtesy of NAI Gateway Commercial.

480 8th Street, Red Wing
$1,290,000
7135020 MLS
The Downton Abbey is located in the historic city of Red Wing, Minnesota. Just a few short blocks to the downtown central business district and the iconic St. James Hotel. Claimed to be one of the oldest cities in all of Minnesota, it is storied with a rich history. Originally built in 1965 for the sisters of Saint Jospeh parish as a convent, this stunning three story all-brick building was transformed in 2025-2026 with six well-appointed units. There are two 3-bedroom, two 2-bedroom, and two 1-bedroom apartments spread out over the main and upper floors. The interior has been totally updated with new custom kitchens, quartz countertops, undermount sinks, stainless steel appliances including full size dishwashers and built-in microwaves, and energy-efficient Whirlpool name-brand stack washers and dryers in all apartments. The exterior has received a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and the brick was tuck-pointed. The units offer luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, two panel shaker interior doors, and plush carpeting in the bedrooms. Brand new electrical, plumbing, and sprinkler systems installed. Sits on an oversized corner lot with 0.38+ acres and a freshly laid 12-stall parking lot for residents to enjoy. Walking distance to shops, restaurants, churches, and the entertaining Sheldon Theatre of performing arts! PROPERTY FACTS: Year Built: 1965 Years Renovated: 2025-2026 Units: 6 garden style apartments Square Footage: Building total 8,400+ sqft Zoning: Multiple-dwelling Parking: 12 off-street parking spots Exterior: All-brick and stone exterior Heating: Individual electric furnaces / tenants pay their own unit heat Air Conditioning: Central air conditioning units / tenants pay their own AC Roof: Pitched roof new in 2025 Laundry: Each unit has a Whirlpool name brand stack Washer and Dryer unit / seller owned Storage: There are extra rooms in the lower level for tenant storage lockers UNIT DESCRIPTIONS: 1 - Three Bedroom, Two Bath - Approx. 1,015+ Sqft. / Average rent $2,100.00 1 - Three Bedroom, One Bath - Approx. 940+ Sqft. / Average rent $1,950.00 2 - Two Bedroom, One Bath - Approx. 560+ Sqft. / Average rent $1,650.00 2 - One Bedroom, One Bath - Approx. 445+ Sqft / Average rent $1,350.00 PROPERTY IMPROVEMENTS: Hallways and common areas recently painted and carpeted (2025) Newer hot water heaters (2025) Brand new forced air furnaces and central AC (2025) Exterior concrete steps and sidewalk (2026) Brand new Andersen Series 100 double-hung windows throughout the building (2025) Apartment entrance steel doors recently repainted All six of the apartments have been totally renovated from top to bottom with newer luxury vinyl plank flooring (LVP), carpet in bedrooms, new trim and doors, drywall and fresh paint, new tiled bathrooms and vanities, new custom kitchen cabinets and quartz countertops, new light fixtures, new blinds, and stainless steel appliance package.

480 8th Street, Red Wing

Listing courtesy of Apartment Cash Flow, Inc..

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