For Sale: Red Wing MLS# 6820862
Active
$374,900
Multi-family: Triplex
5 br • 4 ba • Built 1870
3,848 sqft • 0.32 acres
MLS# 6820862
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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.
--------------- TRIPLEX - 1528 W 6th
*Unit 1 is on the main level and is one level living with 90% full basement (finished) and 1 main bedroom and 2 bedrooms, and a full bathroom upstairs with a 2-stall garage and a carport (Approx. 2882 finished square feet)
*Unit 2 on the main level is a 1-bedroom and 1 full bath with laundry in the basement (Approx. 489 finished square feet)
*Unit 3 is on the 2nd level and is a 1-bedroom and 1 full bath (Approx. 532 finished square feet)
House Roof replaced 2018
Garage Roof replaced September 2008
House painted August 2025
Windows replaced July 2019
Staircase/Landing replaced Jun 2016
Water Heater #1 replaced Jul 2012
Water Heater #2 & #3 replaced Jun 2017
November 2025 the boiler was serviced
#1 owner occupant, but could rent out for $1, 900 a month plus electric
#2 Rent - $650 plus electric
#3 Rent - $650 plus electric
Listing
Listing Status:
Active
Contingency:
None
List Price:
$374,900
Price per sq ft:
$97
Property Type:
Multi-family
City:
Red Wing
Garage Spaces:
2
County:
Goodhue
Year Built:
1870
State:
MN
Property Style:
Triplex
Zip Code:
55066
Subdivision Name:
W Ext Of Sweneys Ad
Interior
Bedrooms:
5
Bathrooms:
4
Finished Area:
3,848 ft2
Living Area:
3,848 ft2
Refrigerators:
Three
Basement Details:
- Block
- Finished
- Full
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
1,992 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Carport
- Concrete
- Detached Garage
- Garage Door Opener
- Shared Garage/Stall
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Frame
Roof Details:
- Asphalt
- Pitched
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.32
Geolocation:
44.559253, -92.550445
Lot Dimensions:
90 x 157
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
1183
District Phone:
6513854500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,000
Annual Fuel Expense:
$1,485
Annual Insurance Expense:
$1,475
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,350
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,350
Income
Annual Gross Income:
$38,400
Rent
Annual Net Income:
$29,144
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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.