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402 W 7th Street, 
Red Wing, MN 55066

$266,000


5

Beds


3

Baths


2,649

Sq Ft


Multi-Family

Sold

Listed by

Neal Topliff

Beth Lynn Topliff

Draz Real Estate Inc.

651-343-4978

MLS#

7002412

Source:

ND FMAAR

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About This Home

402 W 7th Street

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 both Units 1 and 2, installed new flooring in the entryway and kitchen of Unit 1, and installed new flooring throughout Unit 3.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1880

Price Summary

265,000

$100 per Sq. Ft.

MLS #:

7002412

Sold:

May 1, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,649 Sq. Ft.


Structure

Structure

Building Area:

2,649 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$265,000

Price per Sq. Ft:

$100 per Sq. Ft.

Source:ND FMAAR
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