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About This Home
This 5-bedroom, 0-bathroom commercial at 815 W 4th Street in Red Wing, MN is listed for $374,900. Built in 1880, on a 0.23 acres lot.
Turnkey 5-Unit Investment Opportunity in Red Wing!
Fully leased 5-plex in a desirable, walkable historic neighborhood just minutes from downtown and the Mississippi River. Property features 4 one-bedroom units and 1 studio, generating $5,075/month in gross rental income with continued upside potential.
Recent improvements include updated interiors, flooring, paint, and major mechanicals: new boiler (2025), water heater (2020), and roof (2018)—helping minimize near-term capital expenses. Generous lot with on-site and street parking.
Strong rental demand area with consistent occupancy—ideal for investors seeking a stable, income-producing asset with upside!!
Key Features
- Built in 1880
- 0.23 acre lot
Property Details
Monthly Cost Estimate
$2,005/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
815 W 4th Street
Red Wing, MN 55066
City/Red Wing
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Appliances
Questions & Answers
This 5-bedroom, 0-bathroom commercial at 815 W 4th Street is listed at $374,900. The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.23 acre lot. Exterior Features: Metal.
This property is listed by Jared D Murphy and can be reached at 7158211256 or jared.murphy@results.net.
