Home for Sale in Red Wing
815 W 4th Street
Red Wing, MN 55066

Price
$374,900

MLS #
7030253

Status
Active


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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


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

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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.

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