$550,000
- 4 Beds
- 3 Baths
- 2,477 Sq Ft
617 W 3rd St, Red Wing, MN 55066
617 W 3rd St, Red Wing, MN 55066$550,000
617 W 3rd St, Red Wing, MN 55066
617 W 3rd St, Red Wing, MN 55066An hour south of Minneapolis lies the city of Red Wing, an outdoor oasis along the Mississippi River. “I would say we are an extremely outdoorsy and artistic town,” says Laura Aadalen, member services specialist for the Red Wing Area Chamber of Commerce. “We are home to several parks, novelty restaurants, and a revitalized downtown district.”
Several leading manufacturers call Red Wing home, especially Red Wing Shoes, whose flagship store holds the world’s largest boot. “Red Wing Shoes is the biggest manufacturer in town,” says Lynn Nardinger, ...
On average, homes in Red Wing, MN sell after 54 days on the market compared to the national average of 47 days. The average sale price for homes in Red Wing, MN over the last 12 months is $332,057, up 23% from the average home sale price over the previous 12 months.
In Red Wing, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $279,000 to $550,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Red Wing is $300,000, while the average sale price is $332,057, offering insights into the local housing market. On average, multi-family homes spend 54 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Red Wing, MN.