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815 W 4th Street, Red Wing, MN 55066

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 715-273-4077

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Turnkey 5-Unit Investment Opportunity in Red WingFully 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.

815 W 4th Street | MLS# 7030253

This multi-family property located at 815 W 4th Street, Red Wing, MN 55066 is currently listed for sale with an asking price of $389,900. W 4th Street is located within the Red Wing school district. Search Red Wing real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Heating: Baseboard, Boiler, Radiant
Lot Size: 0.23 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $4,206
Year Built: 1880

Feature Descriptions

Days on Site: 62
Foundation Size: 395
Lot: Irregular Lot, Tree Coverage - Light
Lot Dimensions: .23 Acres
Owners Expense: Electricity, Fuel, Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection
Parcel#: 550051850
Parking: Assigned
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV
Units: 4
Water: City Water/Connected

Local Schools

School District: Red Wing

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Estimated Payment

$ 2,539.43 per month $2,075.21 Principal & Interest $350.50 Property Tax $113.72 Homeowner's Insurance

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