Active

Price cut: $20K (7/2)

$245,000

731 College Ave, Red Wing, MN 55066

2beds

2baths

1,600sqft

$1,643/mo

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Duplex Up and Down

Built in 1880

-- sqft lot

$-- Zestimate^®

$153/sqft

$-- HOA

What's special

Includes all major appliancesUpdated kitchens and baths

Move in ready duplex conveniently located near downtown. Updates include water heaters, newer upstairs A/C, updated kitchens and baths, and newer carpet in both units. Each unit offers private laundry and includes all major appliances. A great opportunity to live in one unit and offset your mortgage with rental income or own a well maintained property with a strong rental history and consistent occupancy.

93 days

470

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air

Features

Basement: Block,Partially Finished

Interior area

Total structure area: 1,840
Total interior livable area: 1,600 sqft
Finished area above ground: 1,050
Finished area below ground: 550

Property

Parking

Parking features: Gravel

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 8,712 Square Feet
Dimensions: .2

Details

Foundation area: 800
Parcel number: 553000850

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Materials

Roof: Age 8 Years or Less

Condition

New construction: No
Year built: 1880

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Institute Add

Location

Region: Red Wing

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $165,700
Annual tax amount: $2,668
Date on market: 5/22/2026
Tenant pays: See Remarks

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/2/2026	Price change	$245,000-7.5%$153/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073676 Report a problem
5/26/2026	Listed for sale	$265,000+165%$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073676 Report a problem
3/23/2012	Listing removed	$650
Source: Bush Management Company of Red Wing Report a problem
2/23/2012	Price change	$650-7.1%
Source: Bush Management Company of Red Wing Report a problem
11/17/2011	Listed for rent	$700
Source: Bush Management Company of Red Wing Report a problem
9/22/2011	Listing removed	$700
Source: Bush Management Company of Red Wing Report a problem
9/20/2011	Listed for rent	$700
Source: Bush Management Company of Red Wing Report a problem
8/16/2011	Listing removed	$700
Source: Bush Management Company of Red Wing Report a problem
5/17/2011	Listed for rent	$700
Source: Bush Management Company of Red Wing Report a problem
2/4/2011	Listing removed	$700
Source: Bush Management Company of Red Wing Report a problem
1/1/2011	Listed for rent	$700
Source: Bush Management Company of Red Wing Report a problem
6/14/2006	Sold	$100,000+45.1%$63/sqft
Source: Public Record Report a problem
6/15/2004	Sold	$68,900$43/sqft
Source: Public Record Report a problem
5/12/2000	Sold	$68,900$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,668 +2.5%	$165,700 +2.4%
2024	$2,604 +3.9%	$161,800 +5.5%
2023	$2,506 +5.1%	$153,300 +0.5%
2022	$2,384 +7.4%	$152,500 +15.9%
2021	$2,220 -0.4%	$131,600 +5.8%
2020	$2,228	$124,400 +6.6%
2019	$2,228	$116,700 +1%
2018	$2,228 +19.9%	$115,600 +12.5%
2017	$1,858 +9.9%	$102,800 +3.6%
2016	$1,690	$99,200 +4%
2015	$1,690	$95,400 +3.5%
2014	$1,690 -3.4%	$92,200 -4.7%
2013	$1,750 -1.6%	$96,700 -0.7%
2012	$1,778 -2.1%	$97,400 -10.7%
2011	$1,816 +13.5%	$109,100 +15.8%
2010	$1,600 -1.8%	$94,200 -2.7%
2009	$1,630 +6%	$96,800
2008	$1,538 +57.9%	$96,800
2007	$974 -28.2%	--
2006	$1,356 +48.7%	--
2005	$912 +2.9%	--
2004	$886 -10.5%	--
2003	$990 -6.8%	--
2002	$1,062 +11.6%	--
2001	$952	--