815 W 4th ST Red Wing, MN 55066
5 Beds
5 Baths
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision City/Red Wing
MLS Listing ID 7082352
Bedrooms 5
Year Built 1880
Annual Tax Amount $4,206
Tax Year 2025
Contingent None
Lot Size 10,018 Sqft
Lot Dimensions .23 Acres
Property Description
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!!
Location
State MN
County Goodhue
Zoning Residential-Multi-Family
Rooms
Basement Partial
Interior
Heating Baseboard, Boiler, Radiant
Cooling Window Unit(s)
Flooring Carpet, Wood
Inclusions Building, Land
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Assigned
Fence None
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Asphalt
Present Use Residential
Building
Lot Description Irregular Lot, Tree Coverage - Light
Story Two
Foundation 395
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Red Wing