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Multifamily Building with Parking

480 8th St Red Wing, MN 55066

480 8th St, Red Wing, MN, 55066
$1,350,000
For Sale
$1,350,000

Three-story brick building rebuilt into six renovated units with new parking for residents.

Lot Size0.38 Acres
Days on Market266

Property Features for 480 8th St

General Information

Standard status
Active
Lot size
0.38 Acres
Listing agency Apartment Cash Flow, Inc.
Listed by Nathan P. Opatz · License ##40329256
Source Exprealty
Added: Oct 30, 2025 Updated: Jul 22 at 6:01PM Checked: Jul 22 at 6:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Cash Flow, Inc.


Investment Insights

Based on property information with market context.

This three-story, all-brick multifamily building was originally built in 1965 and transformed in 2025 into six well-appointed units. The configuration includes two 3-bedroom units, two 2-bedroom units, and two 1-bedroom units distributed across the main and upper floors. Interiors have been totally updated with new custom kitchens featuring quartz countertops, undermount sinks, and stainless steel appliances, along with energy-efficient Whirlpool stack washers and dryers in all apartments. Finishes include luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, and panel shaker interior doors.

The exterior improvements include a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and tuck-pointed brick. Brand new electrical, plumbing, and sprinkler systems were installed. The property sits on an oversized corner lot with a freshly laid 12-stall parking lot for residents. It is located just a few blocks from the downtown central business district and the St. James Hotel, and within walking distance to shops, restaurants, churches, and the Sheldon Theatre of performing arts.

Key Highlights

  • Converted in 2025 into six renovated units in a three‑story all‑brick building originally built in 1965
  • Unit mix: two 3‑bedroom, two 2‑bedroom, and two 1‑bedroom apartments across main and upper floors
  • Completely updated interiors with new custom kitchens, quartz countertops, stainless steel appliances, and in‑unit stackable washer/dryer

Property Analytics

Location Intelligence

Current Use by Public Records

Kids Count-ACP Child Welfare Organization

Suggested Use

Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Barber Shop Garden Center Computer & Electronic Repair Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three-story brick building rebuilt into six renovated units with new parking for residents.
Where is this apartment building located?
The property is located at 480 8th St Red Wing, MN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Converted in 2025 into six renovated units in a three‑story all‑brick building originally built in 1965; Unit mix: two 3‑bedroom, two 2‑bedroom, and two 1‑bedroom apartments across main and upper floors; Completely updated interiors with new custom kitchens, quartz countertops, stainless steel appliances, and in‑unit stackable washer/dryer
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