815 W 4th Street, Red Wing, MN 55066
- $374,900
- 5
- BD
- 5
- BA
- 2,829
- SqFt
- List Price
- $374,900
- MLS#
- 7108694
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Apartments
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 2,829
- Acres
- 0.23
- Subdivision
- City/Red Wing
- Year Built
- 1880
Property 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.
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Additional Information
- School District
- Red Wing
- Amenities Shared
- Porch
- Tax Year
- 2025
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Irregular Lot, Tree Coverage - Light
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less, Asphalt
- Heating
- Baseboard, Boiler, Radiant
- Water
- City Water/Connected
- Basement
- Partial
- Parking
- Assigned
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Listing courtesy of RE/MAX Results.
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