Red Wing, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Red Wing, MN Residential Income Properties for Sale

    Notify Me
    List
    Map
    Welch, MN Frontenac, MN Trimbelle, WI
    Red Wing Turnkey Investment Opportunity
    $374,900
    0.23 Acres
    Red Wing Turnkey Investment Opportunity

    815 W 4th Street, Red Wing, MN 55066

    Fully leased 5-unit property near downtown and Mississippi River.
    • Turnkey 5‑unit investment property generating $5,075/month in gross rental income.
    • Located in a desirable, walkable historic neighborhood near downtown and the Mississippi River.
    • Recent major mechanical updates: new boiler (2025), water heater (2020), and roof (2018).
    • Fully leased with strong rental demand and consistent occupancy.
    • Features a mix of 4 one‑bedroom units and 1 studio.
    Updated: May 28
    View details
    Red Wing Redevelopment Opportunity
    Contact for pricing
    86,453 SF
    Red Wing Redevelopment Opportunity

    1412 W 4th St, Red Wing, MN 55066

    Red Wing Health Center: a redevelopment opportunity near the Mississippi River.
    • 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.
    Updated: Apr 3
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Investment Opportunity in Baldwin
    $1,500,000
    4,108 SF
    Mixed-Use Investment Opportunity in Baldwin

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

    1813 11th Avenue, Baldwin, WI 54002

    View details
    Historic Mixed-Use Building, Durand, WI
    $299,900
    3,600 SF
    Historic Mixed-Use Building, Durand, WI

    Historic mixed-use building with fitness center, yoga studio, and apartment.

    201 W Main, Durand, WI 54736

    View details
    Commercial Property on Chippewa River
    $269,000
    2,288 SF
    Commercial Property on Chippewa River

    Century-old stone structure with commercial and residential spaces.

    116 W Main Street, Durand, WI 54736

    View details
    Versatile Mixed-Use Investment Opportunity
    $1,500,000
    4,500 SF
    Versatile Mixed-Use Investment Opportunity

    Six parcels totaling 3.14 acres with diverse potential.

    1813 11th Ave, Baldwin, WI 54002

    View details

    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.

    Residential Lot with Breathtaking Views
    $120,000
    0.93 Acres
    Residential Lot with Breathtaking Views

    Residential lot offering privacy and views in Red Wing, MN.

    1330 Hillside Drive, Red Wing, MN 55066

    View details
    Residential Lot in Quiet Cul-de-Sac
    $120,000
    0.53 Acres
    Residential Lot in Quiet Cul-de-Sac

    Desirable residential lot for custom home in Red Wing, MN.

    1348 Hillside Drive, Red Wing, MN 55066

    View details
    Red Wing Development Opportunity
    $1,500,000
    83.51 Acres
    Red Wing Development Opportunity

    83.51 acres near Red Wing with development potential.

    Skyline Heights, Red Wing, MN 55066

    View details
    Residential Land in Wacouta Township
    $115,000
    2.40 Acres
    Residential Land in Wacouta Township

    2.4 acre building site with wooded backyard and valley views.

    Red Wing, MN 55066

    View details

    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)
    2,829 SF

    815 4th St, Red Wing, MN 55066-2486

    View details
    1025 3rd St
    APARTMENT HOUSE (5+ UNITS)
    5,304 SF
    Value Estimation by Request

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

    View details
    914 3rd St, Unit 916
    APARTMENT HOUSE (5+ UNITS)
    4,474 SF
    Value Estimation by Request
    Unit 916

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

    View details
    125 4th St
    APARTMENT HOUSE (5+ UNITS)
    2,451 SF
    Value Estimation by Request

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

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

    Red Wing, MN 55066

    View details
    722 4th St
    APARTMENT HOUSE (5+ UNITS)
    3,168 SF
    Value Estimation by Request

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

    View details
    712 Bush St
    APARTMENT HOUSE (5+ UNITS)
    3,326 SF
    Value Estimation by Request

    712 Bush St, Red Wing, MN 55066-3400

    View details
    2118 Pioneer Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 22.53 Acres
    Value Estimation by Request

    2118 Pioneer Rd, Red Wing, MN 55066-2952

    View details
    725 4th St
    APARTMENT HOUSE (5+ UNITS)
    4,500 SF
    Value Estimation by Request

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

    View details

    Red Wing, MN Residential Income Properties Market Trends and Statistics

    Explore 11 residential income 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 $374,900.

    Sale prices for residential income properties in Red Wing, MN start at $0.00, averaging $187,450, and reaching up to $374,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    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 $374.9K

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings