This home's estimate is 16.2% lower than the average sale price ($297K) of 6 comparable homes.
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545 E 7th St, Red Wing, MN 55066
About this home
Excellent opportunity to own an income producing duplex in great location backing up to Memorial Park, near downtown, Colvill Park, and Memorial Park entrance. 4 bedroom, 1 3/4 bath apartment on right with full kitchen, dining, living room and full bath on main plus 4 bedrooms and 3/4 bath up. Left side apartment all on one level with 1 bedroom and full bath plus kitchen/dining and living room. Front porch and back entrance, laundry and basement are shared. 4 car detached garage built in 1989. Backs up to private, wooded bluff land. Carpet recently cleaned in right apartment and walls freshly painted. Left apartment is $550/mo. and right was $1,050/mo. Renters pay all utilities - separate furnaces, A/C and utilities for both. Shared laundry on main level off back entry. Landlord pays for snow plowing and lawn care. New roof in 2018.
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Market trends in 55066, MN
Last updated September 2026
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Sale history for 545 E 7th St
Tax history for 545 E 7th St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Detached
- Garage Spaces: 4
- Garage Dimensions: 24x36
Interior
- Basement Information
- Basement Features: Full
- Heating & Cooling
- Heating Information: Forced Air
- Multi-Family Financial Information
- Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes
- Gross Income: $19,200
- Multi-Unit Information
- # of Units (Total): 2
- Unit Type 1 Information
- Sq. Ft.: 1,672
- # of Rooms Total: 7
- # of Bedrooms: 4
- # of Bathrooms: 2
- # of Full Bathrooms: 1
- # of Three Quarter Bathrooms: 1
- # of Units: 1
- Unit Type 2 Information
- Sq. Ft.: 666
- # of Rooms Total: 4
- # of Bedrooms: 1
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- # of Units: 1
Exterior
- Building Information
- Construction Materials: Metal Siding
- Foundation Area: 1,502
- Roof: Asphalt, Rubber
- Property Information
- FractionalOwnershipYN: No
- Owner Occupied: No
- Property Type: Residential Income
- Property Sub Type: Duplex Side by Side
- Above Grade Finished Area: 2,338
- Range Num: Two
- Lot Information
- Lot Features: Tree Coverage - Light
- Lot Size Area: 0.47
- Lot Size Units: Acres
- Lot Size Dimensions: 73x330x66x291
- Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $2,560
- Tax Year: 2019
- Tax With Assessments: $2,560
- Lease / Rent Details
- RentalLicense Y/N: No
- Tenant Pays: Cable TV, Electricity, Fuel, Trash Collection, Water
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: 100 Amp Service
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- HOA Information
- Association Amenities: Porch
- School Information
- High School District: Red Wing
- School District Number: 256
- School District Phone: 651-385-4500
- Location Information
- Directions: Main Street, south on West Avenue, left on 7th
- Map Coordinate: 999-A1
Public facts
- Beds: 4
- Baths: 2.5
- Sq. Ft.: 2,350
- Stories: 2.0
- Lot Size: 0.47 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1896
- Year Renovated: 1896
- County: Goodhue County
- APN: 553250710
Other
- Home Information
- Living Area: 2338
- Main Level Finished Area: 1502.0000
- Building Area Total: 3840
- Levels: Two
Around this home
Schools
Public K-1 • Assigned • 1.6mi
Public 5-7 • Assigned • 2.0mi
Public 8-12 • Assigned • 2.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 10 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 55066
Home values near 545 E 7th St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1297 Sq. Ft. | $201,474 |
3 Beds | 2 Baths | - Sq. Ft. | $209,848 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $209,089 |
3 Beds | 1 Baths | - Sq. Ft. | $195,185 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $323,164 |
2 Beds | 2 Baths | - Sq. Ft. | $120,455 |
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