427 Jefferson Street Red Wing, MN 55066

$225,000
Active
estimated monthly payment
4 Beds  |  2 Baths  |  1,676 Sq Ft  |  Duplex  |  MLS # 7158553
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About The Listing

With its desirable residential location, an updated unit, and established rental income, this duplex is a fantastic investment opportunity! The W 5th Street-side unit has been completely updaated, featuring fresh paint, new flooring, updated appliances, added central AC, and a bright, open-concept living room with a large picture window that fills the space with natural light. The brand-new kitchen boasts modern appliances and a beautiful butcher-block island, while a versatile bonus room with laundry offers the perfect space for a home office, den, or small bedroom. Upstairs, you'll find two spacious bedrooms and a brand-new full bathroom. The current lease for this unit runs through June 2027. The Jefferson Street-side unit features a living room, informal dining area, and eat-in kitchen on the main level. Upstairs, you'll find a bedroom and a 3/4 bathroom. This unit is on a month-to-month lease. Both units are currently rented, providing immediate rental income. Both also feature unfinished basements for extra storage, and tenants pay their own gas and electric. Outside, enjoy the shared L-shaped front porch, a backyard and side yard, plus a detached two-car garage and gravel driveway offering convenient off-street parking.


Listing courtesy of John R. Rohan, Red Wing Homes For Sale
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1890
MLS #: 7158553
Bedrooms: 4
Square Feet: 1,676
Price Per Square Foot: $134
Garage Spaces: 2
Parking Description: Detached Garage, Gravel
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air
Basement: Unfinished
Foundation Type: Block, Stone
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 10/23/2026
List Date: 10/22/2026
Listing Agent ID: 505000496
Listing Office: Red Wing Homes For Sale
Listing Office ID: 253236
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Unit
Exterior Features: Shakes
Lot Dimensions: 60x100
Lot Size: 0.14 Acres
School District: Red Wing
Tax Year: 2026
Estimated Taxes: $2,932
Contingency Type: None
City: Red Wing
Zip: 55066
County: Goodhue
Subdivision: Sweneys Add
State: MN

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Listing last updated: 10/23/26

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