$205,000

320 W 7th St Red Wing, MN 55066

Estimated payment $1,333/month

Total Views 919
3 Beds
2 Baths
1,714 Sq Ft
$120 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Wheelchair Ramps
  • Forced Air Heating System
  • Patio

About This Home

Great income opportunity! The main level unit of this Duplex has 2 bedrooms, a living room, dining room, full bath, kitchen, and pantry. The owners put in luxury vinyl planking throughout the main floor unit and painted the entire interior this past summer. The bathroom was completely redone with new flooring, toilet and vanity. A new countertop was installed in the kitchen. The range and refrigerator have been replaced in the last 2 years. The upper level unit is fully furnished and the items are negotiable. This unit has a large eat in kitchen / living and dining area, one bedroom that has space for an office area, and a full bath that has a newer stackable washer and dryer in it. The entryway to the building has new vinyl planking and fresh paint. The water heater and whole building water softener system were installed in 2020. There is a detached 2 car garage with an upper level storage room.

Listing Agent

Neal Topliff

Draz Real Estate Inc. Listed on: 12/30/2025

Co-Listing Agent

Beth Topliff

Draz Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 41 x 143
  • Few Trees

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Pitched Roof

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Additional Features

  • Wheelchair Ramps
  • Patio

Community Details

  • 2 Units
  • Red Wing Subdivision

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 550050630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,138

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1714
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Owner Access, Single Tenant Access, Unfinished, Walkout
  • Living Area: 1714
  • Owner Pays: Other, Sewer, Water
  • Basement YN: Yes
  • Amenities: Built-In Bookcases, Kitchen Window, Patio, Tile Floors
  • Appliances: Range, Refrigerator
  • Amenities: Ceiling Fan(s), Kitchen Window, Patio
  • Appliances: Dryer, Exhaust Fan/Hood, Range, Refrigerator, Washer
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached Garage, On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Other
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictPhone: 6513854500

Lot Info

  • Topography: Level
  • Lot Size: 41 x 143
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 550050630
  • Tax Annual Amount: 3138
  • TaxWithAssessments: 3138

Multi Family

  • TenantPays: Electricity, Other
  • ElectricExpense: 3464.35
  • Number Of Refrigerators: Two

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,138 $193,600 $25,000 $168,600
2024 -- $190,300 $25,000 $165,300
2023 $2,912 $178,300 $25,000 $153,300
2022 $2,726 $177,200 $25,000 $152,200
2021 $2,536 $150,400 $25,000 $125,400
2020 $2,500 $137,400 $25,000 $112,400
2019 $2,460 $126,600 $25,000 $101,600
2018 $2,058 $126,100 $24,000 $102,100
2017 $2,448 $109,900 $24,000 $85,900
2016 $2,300 $108,200 $24,000 $84,200
2015 $2,232 $104,400 $24,000 $80,400
2014 -- $99,900 $24,000 $75,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2025 12/30/25 For Sale $205,000 -- $120 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,000 Future Advance Clause Open End Mortgage
Closed $120,000 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7002410

NorthstarMLS

APN: 55.005.0630