For Sale: Red Wing MLS# 6820763
Active
$265,000
Multi-family: 2 Stories
6 br • 2 ba • Built 1897
3,079 sqft • 0.22 acres
MLS# 6820763
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Property Description
3 multi-family dwellings available
1528 W. 6th Triplex $374, 900
1227 W. 4th Duplex $265, 000
103 W. 6th Triplex $224, 900
Showings can be scheduled only on Mondays, Wednesdays, and Saturdays from 9AM-6PM
*** THE SELLER IS OFFERING A PACKAGE DEAL IF ALL 3 DWELLINGS ARE PURCHASED TOGETHER *** Please call for details and pricing.***
A rare opportunity for an Investor to expand or begin their Real Estate portfolio. A unique river City with 3 unique, multifamily properties featuring a total of 13 bedrooms and 9 baths spread over 3 pre–1900s, marketable properties. Two separate triplexes and a duplex. Sold as a package deal or 3 individual opportunities. 1528 W. 6th St. (triplex) $374, 900., 1227 W. 4th St. (duplex) $265, 000, 103 W. 6th St. (triplex) $224, 900.
----------------- DUPLEX – 1227 W. 6TH
*Unit 1 is on the main level and is one one-level living with 2 conforming and 1 non-conforming bedroom with a full bath and has a washer and dryer hookup. This unit has access to the partial basement where the utilities are. (Approx. 1482 finished square feet with front and rear enclosed porch)
*Unit 2 is on the 2nd level and is a 2-bedroom and a possible smaller 3rd with a full bath and laundry in the bathroom. (Approx. 1272 finished square feet)
Roof replaced Oct 2007
Windows replaced Jul 2003
Furnace #1 replaced Aug 2017
Furnace #2 replaced Aug 2017
Water Heater #1 replaced Feb 2013
Water Heater #2 replaced Nov 2024
Sump Pump replaced Nov 2024
Carpet and Vinyl planking #1 Aug 2022
#1 Rent - $900 plus utilities
#2 Rent - $675 plus utilities
Furnaces has been serviced in November 2025
Listing
Listing Status:
Active
Contingency:
None
List Price:
$265,000
Price per sq ft:
$86
Property Type:
Multi-family
City:
Red Wing
Garage Spaces:
0
County:
Goodhue
Year Built:
1897
State:
MN
Property Style:
2 Stories
Zip Code:
55066
Subdivision Name:
Sweneys Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
3,079 ft2
Living Area:
3,079 ft2
Refrigerators:
Two
Basement Details:
- Drain Tiled
- Drainage System
- Partial
- Sump Basket
- Sump Pump
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,482 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
Parking Lot
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Frame
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
Laundry:
- In Kitchen
- Main Level
- Upper Level
- Washer Hookup
Lot & Land
Acres:
0.22
Geolocation:
44.560068, -92.545721
Lot Dimensions:
8 x 60 x 158 x 60 x 166 x 120
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Gently Rolling
Schools
School District:
1183
District Phone:
6513854500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,096
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Common Area Maintenance, Electricity, Gas, Heat, Sewer, Water
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,766
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,766
Income
Annual Gross Income:
$18,900
Rent
Annual Net Income:
$15,364
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.