731 College Ave Red Wing, MN 55066
Red Wing AreaEstimated payment $1,547/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,668
Year Built
- Built in 1880
Home Design
- Duplex
- Block Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
Community Details
- 2 Units
- Institute Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 553000850
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,710 | $172,800 | $37,500 | $135,300 |
| 2025 | $2,710 | $165,700 | $37,500 | $128,200 |
| 2024 | $1,302 | $161,800 | $37,500 | $124,300 |
| 2023 | $1,302 | $153,300 | $37,500 | $115,800 |
| 2022 | $2,384 | $152,500 | $37,500 | $115,000 |
| 2021 | $2,220 | $131,600 | $37,500 | $94,100 |
| 2020 | $2,228 | $124,400 | $37,500 | $86,900 |
| 2019 | $2,182 | $116,700 | $37,500 | $79,200 |
| 2018 | $1,858 | $115,600 | $36,000 | $79,600 |
| 2017 | $1,832 | $102,800 | $36,000 | $66,800 |
| 2016 | $1,690 | $99,200 | $36,000 | $63,200 |
| 2015 | $1,648 | $95,400 | $36,000 | $59,400 |
| 2014 | -- | $92,200 | $36,000 | $56,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2026 08/29/26 | Price Changed | $239,000 | -2.4% | $149 / Sq Ft |
| 07/02/2026 07/02/26 | Price Changed | $245,000 | -7.5% | $153 / Sq Ft |
| 05/26/2026 05/26/26 | For Sale | $265,000 | -- | $166 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | -- | |
| Contract Of Sale | $68,900 | -- | |
| Deed | $68,900 | -- | |
| Warranty Deed | $48,000 | -- |
Source: NorthstarMLS
MLS Number: 7073676
APN: 55.300.0850
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Ask me questions while you tour the home.