815 W 4th Street
About this property
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 occupancyideal for investors seeking a stable, income-producing asset with upside.
About this property
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 occupancyideal for investors seeking a stable, income-producing asset with upside.
Features and Additional Information
Presented By Coldwell Banker Crown Park Rapids
Area Information
| Goodhue County | City/Red Wing
Schools in the Area
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Elementary School
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Middle School
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High SchoolRed Wing
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Brokerage: RE/MAX Results
