Property Listing
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!!
Property Information
Status: Active
Sub Type: ********
List Price: $374,900
MLS#: 7082352
Current Price: $374,900
Address: 815 W 4th Street, Red Wing, MN 55066
City: Red Wing
State: MN
Postal Code: 55066
Geo Lat: 44.561611
Geo Lon: -92.538541
Subdivision: City/Red Wing
County: Goodhue
Property Description
Year Built: 1880
Lot Size SqFt: 10018.8
Gen Tax: 4206
Specials Inst: 0
High School: Red Wing
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Total SqFt.: ********
Style: ********
Total Bedrooms: 5
Total Bathrooms: 5
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Roof:
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Lot Feat/Fld Plain: Array
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Inclusions: Building, Land
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