Home for Sale in Red Wing
815 W 4th Street
Red Wing, MN 55066
Property Details
No. of Units
4
Year Built
1880
Square Feet
3,224
Acres
0.23
2025 Property Taxes
$4,206
School District
Red Wing
County
Goodhue
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.
Main St to W Ave, R on 4th St, Property on Left
Unit Information
Unit 1
Unit 2
Unit 3
Unit 4
Features
Electric
Circuit Breakers
Heating
Baseboard,Boiler,Radiant
Sewer
City Sewer/Connected
Water
Public
Foundation
Stone
Additional Info
Listed By
Jared Murphy of RE/MAX Results
Listed
03/05/26 and last updated 05/07/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
