Turnkey 5-Unit Multifamily
815 W 4th Street Red Wing, MN 55066
New
815 W 4th Street, Red Wing, MN, 55066
$374,900
For Sale
$374,900
MULTI_FAMILY - Red Wing, MN
Property Size2,829 SF
Lot Size0.23 Acres
Price / SF$132.52
Days on Market5
Property Features for 815 W 4th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 5, Bedroom 5, Bathroom 1, Bedroom 3
- Parking features
- Assigned
- Exterior features
- Metal
- 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
- Baseboard, Radiant, Oil
Building Details
- Year built
- 1880
- Roof type
- Shingle
Listing Agency
RE/MAX Results
(715) 273-4077
315 Main St, Eden Prairie, MN
Listed by
Jared D Murphy
(952) 829-2900
Added: Jul 13 Checked: Jul 17 at 9:06 pm
MLS# 7108694
Listing URL
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Investment Insights
Based on property information with market context.
This turnkey 5-unit multifamily property includes four one-bedroom units and one studio. The building is positioned as an income-producing asset with updated interiors, including flooring and paint, along with major mechanical improvements. Recent work includes a new boiler in 2025, a water heater installed in 2020, and a roof replaced in 2018.
The property includes both on-site and street parking and sits on a 0.23-acre lot. The listing describes the asset as located in a walkable historic neighborhood just minutes from downtown and the Mississippi River.
With continued rental activity supported by the existing tenant base, the layout offers a mix of unit sizes designed to serve both one-bedroom and studio demand.
The property includes both on-site and street parking and sits on a 0.23-acre lot. The listing describes the asset as located in a walkable historic neighborhood just minutes from downtown and the Mississippi River.
With continued rental activity supported by the existing tenant base, the layout offers a mix of unit sizes designed to serve both one-bedroom and studio demand.
Key Highlights
- Fully leased 5‑plex with 4 one‑bedroom units and 1 studio
- Generates $5,075/month in gross rental income
- Recent major updates: new boiler (2025), water heater (2020), and roof (2018)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully leased 5-plex with four one-bed units and one studio, plus recent interior and major mechanical upgrades.
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 $374,900.
What are key features of this property?
This property features: Fully leased 5‑plex with 4 one‑bedroom units and 1 studio; Generates $5,075/month in gross rental income; Recent major updates: new boiler (2025), water heater (2020), and roof (2018)
