815 W 4th St Red Wing, MN 55066
Estimated payment $2,499/month
Highlights
- Porch
- Baseboard Heating
- 4-minute walk to Central Park
About This Home
Rare 5 Plex Investment Opportunity!!! Fully rented with great cash flow! Major Remodel of all units as well as recent renovations to ceiling; flooring in Unit 1 & major Foundation work. Fresh paint throughout most Units. Maintenance-free Siding & Roof replaced in 2018. New Water Heater in 2020 & New Boiler in 2025. 4-1 Bedroom/1 Bath units along with 1 Studio apartment! On Site and Street Parking available. Located within the scenic Historic District; just steps away from downtown!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,206
Year Built
- Built in 1880
Lot Details
- Irregular Lot
- Few Trees
Parking
- Assigned Parking
Interior Spaces
- 2,829 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Porch
Utilities
- Baseboard Heating
- Boiler Heating System
- Radiant Heating System
Community Details
- 4 Units
- City/Red Wing Subdivision
Listing and Financial Details
- The owner pays for electricity, fuel, insurance, grounds care, snow removal, taxes, trash collection
- Assessor Parcel Number 550051850
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,206 | $255,000 | $50,300 | $204,700 |
| 2024 | -- | $255,000 | $50,300 | $204,700 |
| 2023 | $3,552 | $231,900 | $50,300 | $181,600 |
| 2022 | $3,392 | $216,100 | $50,300 | $165,800 |
| 2021 | $3,116 | $187,200 | $50,300 | $136,900 |
| 2020 | $3,334 | $174,600 | $40,300 | $134,300 |
| 2019 | $3,326 | $174,600 | $40,300 | $134,300 |
| 2018 | $3,108 | $176,300 | $40,300 | $136,000 |
| 2017 | $3,102 | $172,100 | $35,000 | $137,100 |
| 2016 | $2,816 | $173,800 | $35,000 | $138,800 |
| 2015 | $2,868 | $165,300 | $35,000 | $130,300 |
| 2014 | -- | $169,100 | $35,000 | $134,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | Price Changed | $415,000 | -2.3% | $147 / Sq Ft | |
| 12/19/2025 12/19/25 | Price Changed | $424,900 | -5.4% | $150 / Sq Ft | |
| 11/18/2025 11/18/25 | Price Changed | $449,000 | -1.3% | $159 / Sq Ft | |
| 11/06/2025 11/06/25 | Price Changed | $455,000 | -4.2% | $161 / Sq Ft | |
| 10/30/2025 10/30/25 | Price Changed | $474,900 | -3.1% | $168 / Sq Ft | |
| 10/14/2025 10/14/25 | For Sale | $490,000 | +31.7% | $173 / Sq Ft | |
| 05/19/2023 05/19/23 | Sold | $372,000 | -7.0% | $131 / Sq Ft | View Prior Sale |
| 04/04/2023 04/04/23 | Pending | -- | -- | -- | |
| 01/24/2023 01/24/23 | For Sale | $399,900 | -- | $141 / Sq Ft | |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $372,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6803774
APN: 55.005.1850
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