Residential Income

Red Wing, MN Residential Income Properties for Sale

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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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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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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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Based on your search, we've compiled 22 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, 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 Storefront with Apartment
Mixed-Use Storefront with Apartment

311 Main Street, Plum City, WI 54761

$499,000
4,608 sqft 0.32 AC lot

Hardware retail space occupies the main floor, with a four-bedroom apartment above and a partial basement below.

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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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Vacant Triplex
Vacant Triplex

1-3-408 Main St, Plum City, WI 54761

$189,900
2,910 sqft

Three unoccupied units provide flexibility for renovation, leasing, or owner occupancy.

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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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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.

Platted Multi-Parcel Development Land
Platted Multi-Parcel Development Land

Skyline Heights, Red Wing, MN 55066

$1,500,000
83.51 AC lot

83+ acres across three parcels with agricultural zoning, platted acreage, and completed survey for township portion.

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Residential Land in Wacouta Township
Residential Land in Wacouta Township

27021 River View Court, Red Wing, MN 55066

$115,000
2.40 AC lot

2.4 acre building site with wooded backyard and valley views.

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Two Acre Residential Building Site
Two Acre Residential Building Site

27055 River View Court, Red Wing, MN 55066

$100,000
2.00 AC lot

Two acre lot with wooded backyard and valley views.

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Residential Land in Wacouta Township
Residential Land in Wacouta Township

28413 Kaffitz Road, Red Wing, MN 55066

$85,000
2.58 AC lot

2.58 acre building site with countryside views.

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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
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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
Red Wing, MN 55066
MOBILE HOME PARK, TRAILER PARK

Red Wing, MN 55066

Estimated value:
No data
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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 Residential Income Properties Market Trends and Statistics

Explore 14 residential income 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 residential income 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

Multifamily properties 5
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 $309.8K

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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