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    Red Wing, MN
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    Red Wing, MN Multifamily Properties for Sale

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    Ellsworth, WI Welch, MN Frontenac, MN Maiden Rock, WI Stockholm, WI Prescott, WI Goodhue, MN Lake City, MN
    Upper-Lower Duplex with Garage
    Updated: Jul 20
    Upper-Lower Duplex with Garage

    1134 Central Avenue, Red Wing, MN 55066

    $199,000
    1,946 sqft 0.17 AC lot
    1,946‑square‑foot upper/lower duplex on a 0.17‑acre corner lot
    Main‑floor two‑bedroom unit paired with an upper‑floor 1+-bedroom unit
    Updates include flooring, appliances, vinyl siding, roofing, furnace, and central air conditioning
    Built in 1910 with historic features and a front porch
    Rear garage provides storage, with additional driveway parking
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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
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    Historic Italianate Mixed-Use Building
    Historic Italianate Mixed-Use Building

    409 Main St, Red Wing, MN 55066

    $379,000
    5,400 sqft

    Keystone Building is a landmark Italianate structure with street-level commercial space and two high-ceiling residential apartments upstairs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Red Wing Redevelopment Opportunity
    Red Wing Redevelopment Opportunity

    1412 W 4th St, Red Wing, MN 55066

    Contact for pricing
    86,453 sqft 1.54 AC lot

    Red Wing Health Center: a redevelopment opportunity near the Mississippi River.

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    Updated Upper/Lower Duplex
    Updated Upper/Lower Duplex

    1134 Central Avenue, Red Wing, MN 55066

    $199,000
    1,946 sqft

    Two residential units offer a two-bedroom main floor and an upper-level 1+-bedroom layout.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Red Wing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Quadplex With Private Balconies
    Quadplex With Private Balconies

    3485 Lester Ave, Hastings, MN 55033

    $549,900
    3,300 sqft

    Four two-bedroom units include on-site laundry, garage parking, and additional off-street spaces.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    312 Center St E, Hammond, MN 55991

    $225,000

    Turnkey mixed-use building with storefront space, a commercial kitchen/cafe, and two updated apartments with separate utilities.

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    Land
    Land

    680 Heritage Ln, Hammond, WI 54015

    $1,200,000

    Residential land & home lots

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    Remodeled Duplex with Garage
    Remodeled Duplex with Garage

    420 14th Street W, Hastings, MN 55033

    $360,000

    Updated two-unit property with refreshed interiors, mechanical systems, electrical, and substantial garage capacity.

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    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

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

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

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

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

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

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

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

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

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

    712 Bush St, Red Wing, MN 55066-3400

    Estimated value:
    $305,000
    3,326 sqft
    View details
    2118 Pioneer Rd
    MOBILE HOME PARK, TRAILER PARK

    2118 Pioneer Rd, Red Wing, MN 55066-2952

    Estimated value:
    $330,000
    22.53 AC lot
    View details
    725 4th St
    APARTMENT HOUSE (5+ UNITS)

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

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

    Red Wing, MN Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Red Wing, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 98,574 square feet of properties for sale, with an estimated market value of $1,147,000.

    Sale prices for multifamily properties in Red Wing, MN start at $199,000, averaging $286,750, and reaching up to $379,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1

    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 $286.8K

    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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