504 Buchanan Street
Red Wing, MN 55066
- – beds
- – baths
- 2,764 sqft
- $170 per sqft
- 1890 build
- – on site
Turnkey 4-Plex in Prime Location – Historic Charm with Modern Updates. Step into rental property ownership with this updated 4-plex. One unit is currently used as a successful short-term rental; the others bring in solid income. Features include off-street parking, strong curb appeal, and a spot in one of the city’s most sought-after areas. Next door to a favorite neighborhood grocery store and just a short walk to downtown, this historic property offers classic charm with smart updates. The current owner already handled the big projects—now it's ready for you to take over.
Last checked:
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Last updated May 9, 2025
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MLS# 6718428 —
The Building
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Year Built:1890
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New Construction:false
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Age Of Property:135
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Construction Materials:Wood Siding
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Construction Materials Desc:Stone
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Roof:Age Over 8 Years, Asphalt
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:1382.0000
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Basement:Partial, Walkout
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Basement:true
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Foundation Area:1382
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Building Area Total:3564
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Above Grade Finished Area:2764
Room Dimensions
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Living Area:2764
Location
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Directions:West 4th to right on Buchanan property is on left
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Latitude:44.560081
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Longitude:-92.552247
The Property
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Parcel Number:551600080
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Additional Parcels:false
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Lot Features:Corner Lot, Some Trees
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Lot Size Area:0.24
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Lot Size Dimensions:90x121
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Lot Size Units:Acres
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Topography:Level
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Road Frontage Type:Paved Streets, Sidewalks
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Fencing:None
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (651) 380-5448
- Office phone:
- (651) 388-0259
Taxes
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Tax Year:2025
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Tax Annual Amount:3834
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Tax With Assessments:3834.0000
Heating & Cooling
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Heating:Ductless Mini-Split, Forced Air
Utilities
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Electric:Circuit Breakers, 100 Amp Service
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:One Per Unit
Schools
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High School District:Red Wing
The Community
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Subdivision Name:E&R B 11 W Ext Swen
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Assessment Pending:Unknown
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/9/25
May 9, 2025
|
Coming Soon | NORTHSTAR | $470,000 | 135.6% (27.9% / YR) |
6/30/20
Jun 30, 2020
|
NORTHSTAR | $199,500 |