402 W 7th Street, Red Wing, MN 55066

Red Wing
Local realty services provided by:ERA Gillespie Real Estate
402 W 7th Street,Red Wing, MN 55066
$266,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: neal topliff, beth topliff
Office: draz real estate inc.
MLS#:7002412
Source:NSMLS

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Price summary

  • Price:$266,000

About this home

This triplex is a great investment opportunity! Unit 1 is located on the main level and it is used as a fully furnished Short Term Rental. This unit is warm and inviting and offers a bright living room, large kitchen with a walk-out bay window, and one spacious bedroom with an ensuite full bath that has a beautiful tile surround. Unit 2 is a Long Term Rental located on the main level and it features a large living room, 2 bedrooms, office, eat-in kitchen, full bath and an in unit washer and dryer. Unit 3 is located on the upper level and has a living room, kitchen, 2 bedrooms, walk-in closet, storage closet, laundry room and a full bath. Units 2 and 3 have Long Term Rental Licenses with the City of Red Wing and Unit 1 has a Short Term Rental License. The building last passed the City of Red Wing's rental inspection in late 2025. In the last few years, the owners have added a whole house water softener, put in a new boiler that heats units 1 and 2, installed new water heaters in...

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Home facts

  • Year built:1880
  • Listing ID #:7002412
  • Added:130 day(s) ago
  • Updated:May 23, 2026 at 04:43 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Owner Access, Partial, Unfinished

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt, Pitched
  • Year built:1880
  • Lot Features:Corner Lot, Level
  • Exterior Features:Porch
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$266,000
  • Tax amount:$3,776 (2025)

Parking

  • Parking description:On-Street Parking Only
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