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Red Wing, MN Apartment Buildings for Sale

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5-Unit Apartment Building with Updated Systems
Updated: Jul 13
5-Unit Apartment Building with Updated Systems

815 W 4th Street, Red Wing, MN 55066

$370,000
2,829 sqft 0.23 AC lot
Five‑unit configuration with four one‑bedroom apartments and one studio
2,829 square feet on a 0.23‑acre lot
Fully leased apartment property
New boiler installed in 2025; water heater updated in 2020
Roof replacement completed in 2018
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5-Unit Apartment Building
Updated: Aug 6
5-Unit Apartment Building

815 W 4th St, Red Wing, MN 55066

$370,000
2,829 sqft
Five‑unit layout with four one‑bedroom apartments and one studio
2,829 square feet; built in 1880
Fully leased apartment property
New boiler installed in 2025
Water heater replaced in 2020 and roof updated in 2018
View details
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Red Wing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Apartment Building with Renovated Units
Brick Apartment Building with Renovated Units

105 Park Street E, South Saint Paul, MN 55075

$1,649,000
10,902 sqft

Twelve-unit garden-style property with updated common areas, individual electric heat, detached garages, and off-street parking.

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Five-Unit Apartment Building
Five-Unit Apartment Building

358 1st Ave S, South Saint Paul, MN 55075

$450,000

Boiler-heated property with a pitched roof and a 2024 exterior staircase replacement.

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Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

839 Century Ave N, Saint Paul, MN 55119

Contact for pricing
3,275 sqft

Ten apartment units with a 3,275 SF commercial space.

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Fully Occupied 7-Unit Multifamily
Fully Occupied 7-Unit Multifamily

Saint Paul, MN 55106

Contact for pricing

Fully occupied 7-unit property with a mix of studios and one- and two-bedroom units.

View details

Off-Market Properties in Red Wing, MN

Consider similar Off-Market properties in Red Wing, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

815 4th St
APARTMENT HOUSE (5+ UNITS)

815 4th St, Red Wing, MN 55066-2486

$345,000
Estimated value
2,829 sqft
View details
1025 3rd St
APARTMENT HOUSE (5+ UNITS)

1025 3rd St, Red Wing, MN 55066-2210

$305,000
Estimated value
5,304 sqft
View details
914 3rd St, Unit 916
APARTMENT HOUSE (5+ UNITS)

914 3rd St, Red Wing, MN 55066-2267

Unit 916
$340,000
Estimated value
4,474 sqft
View details
125 4th St
APARTMENT HOUSE (5+ UNITS)

125 4th St, Red Wing, MN 55066-2764

$280,000
Estimated value
2,451 sqft
View details
722 4th St
APARTMENT HOUSE (5+ UNITS)

722 4th St, Red Wing, MN 55066-2480

$270,000
Estimated value
3,168 sqft
View details
712 Bush St
APARTMENT HOUSE (5+ UNITS)

712 Bush St, Red Wing, MN 55066-3400

$305,000
Estimated value
3,326 sqft
View details
725 4th St
APARTMENT HOUSE (5+ UNITS)

725 4th St, Red Wing, MN 55066-2478

$370,000
Estimated value
4,500 sqft
View details

Red Wing, MN Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Red Wing, MN on our real estate platform. These investment opportunities span a total of 5,658 square feet of properties for sale, with an estimated market value of $740,000.

Sale prices for two-family homes in Red Wing, MN average $370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 19K
Population Growth (5Y) +5.1%
Median Household Income $70,529
College Educated 36.0%

High-Yield Neighborhoods for Investment

Identify Red Wing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55066 $370K

Taxes & Financing

Tax Rate (average for all types) 2.86%
Property Tax per SF $16.72 per SF
Tax Rate vs County Average 0.16 pp above county avg
Average Loan-to-Value 65.0%

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