$519,500

617 W 3rd St Red Wing, MN 55066

Estimated payment $3,266/month

Total Views 862
4 Beds
3 Baths
2,477 Sq Ft
$210 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to Central Park
  • Guest Parking

About This Home

Classic Charm & Character ! Greek Revival 2 1/2 Story Home. First Floor (Units B & C) renovated and separated into two exquisitely decorated units. Front Unit B has oak hardwood floors, original woodwork, with arches defining the rooms. Newer maple kitchen cabinets, Corian countertops with center island and stainless steel appliances. Open floor plan to the living room with an elegant marble fireplace and gas insert. Beautiful crystal chandeliers. Bowed dining alcove with windows to the ceiling for enhanced sunlight. Private bedroom with arched entry to separate sitting & tv room. Tiled floor 3/4 bath and laundry. Back Unit C has protected porch entry, newer flooring, countertops, appliances, fixtures, updated 3/4 bath and private bedroom. All main floor units have furniture and accessories that will stay. Upstairs Unit A-- with longtime renter has 2 Bedrooms, 1 Bath, views of the city and back deck. Large spacious backyard with 6 off street parking spaces. Property is great for an investor or purchase as a weekend home and have the other units pay for the mortgage. Outstanding location in the heart of Red Wing. Within walking distance to Mississippi River parks, boating, marinas, downtown shopping, restaurants, grocery, athletic facility, library, train depot, and art festivals. Simply the Best of small town Minnesota !!

Listing Agent

Mark McCaughtry

Coldwell Banker Nybo & Assoc Listed on: 03/02/2026

Coldwell Banker Nybo & Assoc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1857

Lot Details

  • Lot Dimensions are 65 x 143
  • Few Trees

Parking

  • Guest Parking

Home Design

  • Triplex
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,477 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • 100 Amp Service

Community Details

  • 3 Units
  • City/Red Wing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550053140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Year Built

Built in 1857

Lot Details

0.37 Acres

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1857
  • Above Grade Finished Sq Ft: 2477
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Storage Space, Unfinished
  • Living Area: 2477
  • Owner Pays: Insurance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Deck, Kitchen Window
  • Appliances: Exhaust Fan/Hood, Range, Refrigerator
  • FamilyRoomRoomFeatures: Family Room
  • Amenities: Ceiling Fan(s), Countertops-Solid Surface, Custom Cabinetry, Hardwood Floors, Historic/Period Millwork, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Open Floor Plan, Tile Floors
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Washer
  • Number Of Fireplaces: 1
  • Amenities: Ceiling Fan(s), Countertops-Solid Surface, Custom Cabinetry, Kitchen Window, Open Floor Plan, Porch
  • Appliances: Cooktop, Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Washer
  • Total Rooms: 3
  • FamilyRoomRoomFeatures: Main Level

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural Shingle, Asphalt, Pitched
  • PatioPorchType: Covered, Porch, Side Porch

Garage/Parking

  • Parking Features: Guest Parking, Paved Lot

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Main Level, In Unit
  • Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictPhone: 6513854500

Lot Info

  • Topography: Level
  • Lot Size: 65 x 143
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 3

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 550053140
  • Tax Annual Amount: 6396
  • TaxWithAssessments: 6396

Multi Family

  • Number Of Refrigerators: Three

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 $6,396 $394,900 $41,000 $353,900
2024 -- $387,900 $41,000 $346,900
2023 $5,930 $363,300 $41,000 $322,300
2022 $4,494 $360,800 $41,000 $319,800
2021 $5,692 $247,900 $41,000 $206,900
2020 $6,090 $261,300 $92,900 $168,400
2019 $6,046 $261,300 $92,900 $168,400
2018 $5,258 $260,300 $92,900 $167,400
2017 $5,922 $240,000 $92,900 $147,100
2016 $5,738 $240,600 $92,900 $147,700
2015 $5,818 $239,000 $92,900 $146,100
2014 -- $241,000 $92,900 $148,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 For Sale $519,500 0.0% $210 / Sq Ft
10/08/2024 10/08/24 Off Market $1,600 -- --
10/04/2024 10/04/24 For Rent $1,600 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,000 Knight Barry Ttl United Llc
Warranty Deed $220,000 Knight Barry Ttl United Llc
Interfamily Deed Transfer $75,000 --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $165,000 Future Advance Clause Open End Mortgage
Closed -- Land Contract Argmt. Of Sale
Closed $220,000 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7027081

NorthstarMLS

APN: 55.005.3140

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