Investor and Sweat Equity Owner Occupant Opportunity – 3BR Home on Rare Double City Lot in Red Wing
Equity Builder • Expansion Potential • Strong Lot Value
This 1,900 sq. ft. 3-bedroom home on a rare double city lot offers outstanding potential for investors, flippers, or anyone looking to build equity quickly. Solid slab-on-grade construction, a functional floor plan, and a roughed-in second bathroom provide a strong foundation for updates or renovation.
The oversized lot offers multiple use possibilities—additional outdoor living space, future landscape improvements, or potential expansion (buyer to verify). A 2-car detached garage plus drive-through driveway access adds desirable convenience for tenants or future resale.
Inside, you’ll find large room sizes, great natural light, and a layout that’s easy to reconfigure or enhance, making this an excellent project for renovation, rental, or resale strategies.
Located near parks, schools, and amenities, this property offers strong long-term value in the desirable and historic city of Red Wing.
Bring your vision and unlock the potential—instant equity opportunity!
Closed
$150,000
137 Burnside Ave N, Red Wing, MN 55066
3beds
1,900sqft
Single Family Residence
Built in 1947
0.51 Acres Lot
$156,300 Zestimate®
$79/sqft
$1,784 Estimated rent
Home value
$156,300
$148,000 - $164,000
$1,784/mo
Zestimate® history
Owner options
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$1,784/mo
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$1,784/mo
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$767/mo
Est. payment
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$767/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Roxie (Roxann) Knight 763-438-8892,
Core Realty LLC,
Leslie D. Szlavich 651-278-6661
Bought with:
Jordan Gotelaere
EXP Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6821493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 360 Square Feet
- Dimensions: 20x18
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Level: Main
- Area: 52.8 Square Feet
- Dimensions: 8x6.6
Kitchen
- Level: Main
- Area: 52.8 Square Feet
- Dimensions: 6.6x8
Laundry
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Living room
- Level: Main
- Area: 435 Square Feet
- Dimensions: 15x29
Heating
- Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room, Main Level, Washer Hookup
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
- Finished area above ground: 1,900
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Garage Door Opener, Heated Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (35x25)
Accessibility
- Accessibility features: No Stairs Internal
Features
- Levels: One
- Stories: 1
- Fencing: Full
Lot
- Size: 0.51 Acres
- Dimensions: 175 x 120
- Features: Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1900
- Additional parcels included: 558600050
- Parcel number: 558600060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt,Rubber,Tar/Gravel
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Red Wing
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $150,000-6.2%$79/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6821493 Report a problem | ||
| 12/12/2025 | Pending sale | $159,900$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821493 Report a problem | ||
| 12/6/2025 | Listed for sale | $159,900+240.2%$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6821493 Report a problem | ||
| 4/25/2014 | Sold | $47,000-67.6%$25/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2093971 Report a problem | ||
| 9/12/2013 | Listed for sale | $144,900$76/sqft |
Source: Counselor Realty #4048497 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $598 +13.7% | $43,100 +0.9% |
| 2023 | $526 +4% | $42,700 +10.1% |
| 2022 | $506 +5.4% | $38,800 +14.8% |
| 2021 | $480 -5.5% | $33,800 +4% |
| 2020 | $508 | $32,500 +1.2% |
| 2019 | $508 | $32,100 +1.9% |
| 2018 | $508 +14.9% | $31,500 +5.4% |
| 2017 | $442 +3.8% | $29,900 -1.3% |
| 2016 | $426 | $30,300 -1% |
| 2015 | $426 | $30,600 +2% |
| 2014 | $426 -3.6% | $30,000 -3.2% |
| 2013 | $442 -6% | $31,000 -0.6% |
| 2012 | $470 -22.2% | $31,200 -29.3% |
| 2011 | $604 -2.9% | $44,100 -0.9% |
| 2010 | $622 -2.5% | $44,500 -3.1% |
| 2009 | $638 +7.4% | $45,900 |
| 2008 | $594 +1.4% | $45,900 |
| 2007 | $586 +11.4% | -- |
| 2006 | $526 +5.6% | -- |
| 2005 | $498 +11.2% | -- |
| 2004 | $448 | -- |
Find assessor info on the county website
Neighborhood: 55066
Nearby schools
GreatSchools rating
- NASunnyside Elementary SchoolGrades: K-1Distance: 2.2 mi
- 5/10Twin Bluff Middle SchoolGrades: 5-7Distance: 2.3 mi
- 7/10Red Wing Senior High SchoolGrades: 8-12Distance: 3.9 mi
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Estimated market value
$156,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$156,300
- Minnesota
- Goodhue County
- Red Wing
- 55066
- 137 Burnside Ave N
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