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402 W 7th Street, 
Red Wing, MN 55066

$265,000

5

Beds

3

Baths

2,649

Sq Ft

Multi-Family

Active

Listed by

Neal Topliff

, 

Beth Lynn Topliff

Draz Real Estate Inc.

651-343-4978

Last updated:

January 15, 2026, 12:14 AM

MLS#

7002412

Source:

ND FMAAR

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

Last Updated:

January 15, 2026, 12:14 AM

Added:

3 day(s) ago

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
The information being provided by Fargo-Moorhead Area Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Fargo-Moorhead Area Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.