Multifamily

Red Wing, MN Multifamily Properties for Sale

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Welch, MN Frontenac, MN Ellsworth, WI
Red Wing Redevelopment Opportunity
Updated: Apr 3
Red Wing Redevelopment Opportunity

1412 W 4th St, Red Wing, MN 55066

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86,453 sqft · 1.54 AC lot
Compelling redevelopment opportunity in a highly visible location near the Mississippi River.
Substantial 86,453 square foot, three‑story building on 1.54 acres, suitable for multifamily or adaptive reuse.
Located near major employers like Mayo Clinic Health System, supporting housing demand.
Benefits from recent remodeling and capital improvements, reducing near‑term renovation costs.
Zoned R‑2 (Two‑Family Residential) with a clear pathway for larger multifamily redevelopment approval.
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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic Greek Revival Duplex
Historic Greek Revival Duplex

617-619 3rd Street, Hudson, WI 54016

$995,000
4,662 sqft · 0.48 AC lot

Greek Revival duplex featuring character-rich interiors and two units on a downtown Hudson lot.

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Mixed-Use Investment Opportunity in Baldwin
Mixed-Use Investment Opportunity in Baldwin

1813 11th Avenue, Baldwin, WI 54002

$1,500,000
4,108 sqft · 3.14 AC lot

3.14 acres with Airbnb, retail, event center, and land.

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Versatile Mixed-Use Investment Opportunity
Versatile Mixed-Use Investment Opportunity

1813 11th Ave, Baldwin, WI 54002

$1,500,000
4,500 sqft · 3.14 AC lot

Six parcels totaling 3.14 acres with diverse potential.

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Hudson Duplex with Development Potential
Hudson Duplex with Development Potential

617 3rd St, Hudson, WI 54016

$995,000
0.50 AC lot

Charming duplex on large lot near St. Croix River.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Land Off Freeway
Development Land Off Freeway

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Aitkin Lots & Land
Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing
0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

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Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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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

Value Estimation by Request
2,829 sqft
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1025 3rd St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
5,304 sqft
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914 3rd St, Unit 916
APARTMENT HOUSE (5+ UNITS)

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

Unit 916
Value Estimation by Request
4,474 sqft
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125 4th St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
2,451 sqft
View details
Red Wing, MN 55066
MOBILE HOME PARK, TRAILER PARK

Red Wing, MN 55066

Value Estimation by Request
View details
722 4th St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
3,168 sqft
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712 Bush St
APARTMENT HOUSE (5+ UNITS)

712 Bush St, Red Wing, MN 55066-3400

Value Estimation by Request
3,326 sqft
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2118 Pioneer Rd
MOBILE HOME PARK, TRAILER PARK

2118 Pioneer Rd, Red Wing, MN 55066-2952

Value Estimation by Request
22.53 AC lot
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725 4th St
APARTMENT HOUSE (5+ UNITS)

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

Value Estimation by Request
4,500 sqft
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Red Wing, MN Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Red Wing, MN on our real estate platform. These investment opportunities span a total of 86,453 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for multifamily properties in Red Wing, MN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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%

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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