5-Unit Apartment Building with Updated
For Sale
$370,000
815 W 4th Street, Red Wing, MN 55066
Residential Income, Red Wing, MN
Property Size2,829 SF
Lot Size0.23 Acres
Price / SF$130.79
Days on Market49
Property Features for 815 W 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Basement, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Parking features
Assigned
Exterior features
Metal
Subdivision
City/Red Wing
Lot features
Irregular Lot, Tree Coverage - Light
High school district
Red Wing
Directions
Main St to W Ave, R on 4th St, Property on Left
Standard status
Active
APN
550051850
Size
2,829 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4206
Utilities
Heating system
Radiant, Oil, Baseboard
Building Details
Year built
1880
Roof type
Shingle
Listing Agency:
RE/MAX Results · RE/MAX International
(715) 273-4077
Listed By:
Jared D Murphy
(952) 829-2900
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 30 at 9:06AM
MLS# 7108694
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5-unit apartment property contains four one-bedroom apartments and one studio across 2,829 square feet. The building dates to 1880 and includes a basement, five bathrooms, assigned parking, metal exterior, and a shingle roof. Interior work has included refreshed flooring, paint, and unit interiors. Building systems include a new boiler installed in 2025, a 2020 water heater, and a roof replacement completed in 2018.
The property occupies 0.23 acres in Red Wing, Minnesota, within a walkable historic neighborhood near downtown and the Mississippi River. Parking is available on site and along the street. The asset is fully leased and offers a five-unit configuration with a mix of one-bedroom and studio layouts.
The property occupies 0.23 acres in Red Wing, Minnesota, within a walkable historic neighborhood near downtown and the Mississippi River. Parking is available on site and along the street. The asset is fully leased and offers a five-unit configuration with a mix of one-bedroom and studio layouts.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 55066, MN
18,732
Population
8,707
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
120.9 sq mi
ZIP Area
155
Density / Sq Mi
$70,529
Median Household Income
$40,764
Median Earnings
$958
Median Rent
$237,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with four one-bedroom units, a studio, assigned parking, and recent mechanical updates.
Where is this apartment building located?
The property is located at 815 W 4th Street Red Wing, MN.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 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
