722 W 4th Street Red Wing, MN ^$ 389,850

722 W 4th Street

^$ 389,850

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722 W 4th Street

Red Wing, MN, 55066

^$ 389,850

Bedrooms6 Baths5.0 Sq 5,104

Monthly Estimate*

^$ 2,693

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Commercial Property for sale in Red Wing, MN

for $389,850 with 6 bedrooms and 5 full baths. This 5,104 square foot building was built in 1880 on a lot size of 0.22.

This handsome, well maintained 5-Plex rental property has been owned for decades. Three tenants have resided there over the past four years. Located in the Historic District within walking distance of downtown. Premium units feature leaded glass, decorative fireplaces and decks. Unassigned, open air parking in the rear. See Supplemental Financial Information and Notes for the 5th unit and other information.

Commercial Active

Price

^$ 389,850

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 4,978

Style

Lot Size

0.22

Year Built

1880

Town/City

Red Wing

County/Region

Goodhue

MLS | Web ID

7165679

Features

General

Sewer City Sewer/Connected City Sewer - In Street

Heating Boiler

Cooling Window Unit(s)

Utilities Electric Separate Heating Common

Roof Age Over 8 Years Asphalt

Appliances Range Refrigerator

Garage Spaces 0

Construction Materials Concrete Frame

Year Built 1880

Tenant Pays Broadband Cable TV Electricity

Topography Rolling

Levels Two

Tax Year 2026

Current Use Residential

Gross Income 55320

Accessibility None

County Goodhue

Net Operating Income 34558

Operating Expense 20762

Insurance Expense 80000

New Construction N

Property Type Commercial Sale

Contingency None

MaintenanceExpense 0

Subdivision Name City/Red Wing

Directions From Hwy 61 turn south on Dakota St. turn right on 4th property on the right

City Red Wing

High School District Red Wing

Zoning Description Residential-Multi-Family

Number Of Units Total 5

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 4978

Electric Expense 2500

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 4200

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Amenities Unit Deck

Interior

Basement Full Unfinished

Basement (Y/N) Y

Total Bedrooms 6

Total Baths 5

Foundation Dimensions 44 x 47

Fuel Natural Gas

Garage Square Feet 0

Exterior

Parking Features Gravel Parking Lot Unassigned Open

Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium

Water Source City Water/Connected City Water - In Street

Inclusions Building Land Leases Other

Lot Size Area 0.22

Building Area Total 5104

Lot Dimensions 66 x 142

Waterfront Y/N N

Foundation Area 1936

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 722

* Excluded Features

List By

Star Realty

Broker

brownrealestate@gmail.com

Affordability Calculator

$3,107

Per Month

Monthly Principal & Interest: $2,693
Monthly Property Taxes: $415
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Red Wing, MN

Average List Price ^$587,523

Percent of Sale Price 51%

About Red Wing, MN

16,345 Population

1% Since 2002

^$52,313 Median Income

42.12 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708690 Elementary School

708379 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/27/2026	$389,850		Listed Price

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722 W 4th Street, Red Wing, MN, 55066 is a Commercial Property for sale at $389,850 with 5,104 sqft and a lot size of 0.22. 722 W 4th Street has 6 bedrooms, 5.0 baths, and was built in 1880. The property's zip code is 55066 which is in Red Wing, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 11/5/2026.

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722 W 4th Street

Commercial Property for sale in Red Wing, MN

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