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Active
    • Price cut: $4.9K (8/5)
    $370,000

    815 W 4th St, Red Wing, MN 55066

    5beds
    5baths
    2,829sqft
    : 
    $2,433/mo
    Get pre-qualified
    Apartment
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $131/sqft
    $-- HOA

    What's special

    Generous lotOn-site and street parkingUpdated interiors
    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.
    33 days
    |
    211
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared D Murphy 715-821-1256,

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7108694MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Baseboard, Boiler, Radiant
      Appliances
      • Laundry: None
      Features
      • Basement: Partial
      Interior area
      • Total structure area: 3,224
      • Total interior livable area: 2,829 sqft
      • Finished area above ground: 2,829
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Assigned
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Porch
      • Fencing: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: .23 Acres
      • Features: Irregular Lot, Tree Coverage - Light
      Details
      • Foundation area: 395
      • Parcel number: 550051850
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Roof: Age 8 Years or Less,Asphalt
      Condition
      • New construction: No
      • Year built: 1880

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: City/Red Wing
      HOA
      • Amenities included: Porch
      Location
      • Region: Red Wing

      Financial & listing details

      • Price per square foot: $131/sqft
      • Tax assessed value: $255,000
      • Annual tax amount: $4,206
      • Date on market: 7/13/2026
      • Cumulative days on market: 252 days
      • Tenant pays: Broadband, Cable TV

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,683/mo

        Price history

        DateEventPrice
        8/5/2026Price change$370,000-1.3%$131/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7108694 Report a problem
        7/13/2026Listed for sale$374,900$133/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7108694 Report a problem
        5/28/2026Listing removed$374,900$133/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7030253 Report a problem
        5/6/2026Price change$374,900-3.8%$133/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7030253 Report a problem
        4/24/2026Price change$389,900-2.5%$138/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7030253 Report a problem
        3/5/2026Listed for sale$399,900-3.6%$141/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7030253 Report a problem
        2/3/2026Listing removed$415,000$147/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        1/13/2026Price change$415,000-2.3%$147/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        12/19/2025Price change$424,900-5.4%$150/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        11/18/2025Price change$449,000-1.3%$159/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        11/6/2025Price change$455,000-4.2%$161/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        10/30/2025Price change$474,900-3.1%$168/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        10/15/2025Listed for sale$490,000+31.7%$173/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6803774 Report a problem
        5/19/2023Sold$372,000-7%$131/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6326283 Report a problem
        4/4/2023Pending sale$399,900$141/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6326283 Report a problem
        1/24/2023Listed for sale$399,900+263.5%$141/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6326283 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        6/25/2019Listing removed$925
        Source: Owner Report a problem
        6/4/2019Listed for rent$925
        Source: Owner Report a problem
        10/2/2018Sold$110,000-31.2%$39/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4991384 Report a problem
        8/14/2018Listed for sale$159,850$57/sqft
        Source: Lawrence Realty Inc. #4991384 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,206 +6.8%$255,000
        2024$3,940 +10.9%$255,000 +10%
        2023$3,552 +4.7%$231,900 +7.3%
        2022$3,392 +8.9%$216,100 +15.4%
        2021$3,116 -6.5%$187,200 +7.2%
        2020$3,334 $174,600
        2019$3,334 $174,600 -1%
        2018$3,334 +7.3%$176,300 +2.4%
        2017$3,108 +10.4%$172,100 -1%
        2016$2,816 $173,800 +5.1%
        2015$2,816 $165,300 -2.2%
        2014$2,816 -3.7%$169,100
        2013$2,924 -5.2%$169,100
        2012$3,086 +8.8%$169,100 -0.7%
        2011$2,836 -1.9%$170,300
        2010$2,890 +0.7%$170,300
        2009$2,870 +6.1%$170,300
        2008$2,706 -0.4%$170,300
        2007$2,716 -3.5%--
        2006$2,814 -8.8%--
        2005$3,084 +31.1%--
        2004$2,352 -16.3%--
        2003$2,810 -20.9%--
        2002$3,552 -11.2%--
        2001$4,000 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55066

        Getting around

        78 / 100
        Very Walkable
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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