Real Estate Investment Properties for Sale in Red Wing, MN

Looking for investment property in Red Wing, MN with high ROI ?

Explore a variety of short-term homes & houses in Red Wing, MN. Invest wisely with VRBO & Red Wing, MN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Red Wing, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
523 East Avenue #211 Red Wing, MN Highly desirable 2 bedroom, 2 bath condominium in Central Park Condos in the heart of hist...	2 beds \| 2 baths \| 1,654 sq.ft.	$359,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.22% Airbnb Rental Income: $1629 Traditional Rental Income: $2321 Airbnb ROI: -1.2% Traditional ROI: 2.22%
815 W 4th Street Red Wing, MN Rare 5 Plex Investment Opportunity!!! Fully rented with great cash flow! Major Remodel o...	5 beds \| 5 baths \| 3,224 sq.ft.	$490,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $2312 Airbnb ROI: N/A Traditional ROI: 2.99%
676 Hi Park Avenue Red Wing, MN Welcome to Hi Park! Step into this beautifully refreshed, one-level townhome, where fresh ...	2 beds \| 2 baths \| 1,604 sq.ft.	$292,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.08% Airbnb Rental Income: $1629 Traditional Rental Income: $2196 Airbnb ROI: 0.36% Traditional ROI: 4.08%
534 9th Street Red Wing, MN Step into timeless charm with this classic 2-story Red Wing home where the 19th century me...	3 beds \| 3 baths \| 2,592 sq.ft.	$325,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 6.64% Airbnb Rental Income: $1695 Traditional Rental Income: $2807 Airbnb ROI: 1.46% Traditional ROI: 6.64%
1728 W 6th Street Red Wing, MN	3 beds \| 2 baths \| 1,170 sq.ft.	$239,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.28% Airbnb Rental Income: $1695 Traditional Rental Income: $1941 Airbnb ROI: 2.11% Traditional ROI: 5.28%
1181 Hewitt Boulevard Red Wing, MN Fresh on the Market! Discover this stunning 3-bedroom, 3 bath single-family home in Red Wi...	3 beds \| 3 baths \| 2,880 sq.ft.	$510,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.71% Airbnb Rental Income: $1695 Traditional Rental Income: $3117 Airbnb ROI: -0.26% Traditional ROI: 3.71%
2543 Sunny Meadow Lane Red Wing, MN Beautifully remodeled 2-story home with 4 bedrooms and 3 1/2 baths features stylish and cl...	4 beds \| 4 baths \| 4,144 sq.ft.	$539,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $3752 Airbnb ROI: N/A Traditional ROI: 5.04%
803 Wilkinson Street Red Wing, MN Welcome home! Home is located at the end of the street, next to Memorial Park & hiking tra...	3 beds \| 2 baths \| 1,186 sq.ft.	$289,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.1% Airbnb Rental Income: $1695 Traditional Rental Income: $1994 Airbnb ROI: 2.28% Traditional ROI: 5.1%
1715 W 5th Street Red Wing, MN Step into a home full of warmth, character, and comfort. This classic 2-story offers 4 bed...	4 beds \| 2 baths \| 2,360 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 5.54%
523 East Avenue #213 Red Wing, MN The BEST of both worlds! This unique historic small town showcases city sophistication! Ar...	2 beds \| 2 baths \| 1,902 sq.ft.	$429,900	Airbnb cash on cash: -1.3% Traditional cash on cash: 2.06% Airbnb Rental Income: $1629 Traditional Rental Income: $2520 Airbnb ROI: -1.3% Traditional ROI: 2.06%
1125 Hewitt Boulevard Red Wing, MN HUGE PRICE REDUCTION! This is the last home available in Ridgeview Highlands 2nd Addition...	3 beds \| 3 baths \| 2,365 sq.ft.	$481,500	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.63% Airbnb Rental Income: $1695 Traditional Rental Income: $2839 Airbnb ROI: 1.04% Traditional ROI: 4.63%
781 E 7th Street Red Wing, MN Welcome Home to this beautiful 3 bedroom, 2 Â½ bath home overlooking the Mississippi River...	3 beds \| 3 baths \| 1,489 sq.ft.	$324,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 4.47% Airbnb Rental Income: $1695 Traditional Rental Income: $2009 Airbnb ROI: 1.9% Traditional ROI: 4.47%
1405 S Park Street Red Wing, MN Move-in ready and completely remodeled, this charming one-story home offers modern updates...	2 beds \| 1 baths \| 630 sq.ft.	$200,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 4.17% Airbnb Rental Income: $1629 Traditional Rental Income: $1248 Airbnb ROI: 3.75% Traditional ROI: 4.17%
732 Hi Park Avenue Red Wing, MN Brand New Siding! Enjoy easy living in this well-maintained home with a scenic backdrop! 7...	3 beds \| 3 baths \| 2,320 sq.ft.	$460,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4% Airbnb Rental Income: $1695 Traditional Rental Income: $2789 Airbnb ROI: 0.37% Traditional ROI: 4%
647 21st Street Red Wing, MN Completely Renovated Home - Move-In Ready! This home has been thoughtfully updated from to...	3 beds \| 2 baths \| 1,092 sq.ft.	$325,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.08% Airbnb Rental Income: $1695 Traditional Rental Income: $1612 Airbnb ROI: 1.81% Traditional ROI: 3.08%
1940 Cherry Street Red Wing, MN Welcome home-let us handle your HOA fees for the first 18 months !! Seller to pay for Buy...	3 beds \| 3 baths \| 2,903 sq.ft.	$395,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.95% Airbnb Rental Income: $1695 Traditional Rental Income: $2992 Airbnb ROI: -0.83% Traditional ROI: 3.95%
4336 Lookout Lane Red Wing, MN Rare opportunity to own a private 4.58 acre property in the city limits with STUNNING view...	4 beds \| 4 baths \| 3,410 sq.ft.	$538,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $3809 Airbnb ROI: N/A Traditional ROI: 5.14%
611 Cherrywood Court Red Wing, MN Welcome to this charming 2-bed, 2-bath townhome that is located in a beautiful neighborhoo...	2 beds \| 2 baths \| 1,642 sq.ft.	$285,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.51% Airbnb Rental Income: $1629 Traditional Rental Income: $2255 Airbnb ROI: 0.47% Traditional ROI: 4.51%
936 Aurora Circle Red Wing, MN Perched on the scenic Red Wing Bluff, this beautifully maintained twin home boasts soaring...	3 beds \| 3 baths \| 2,583 sq.ft.	$435,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.38% Airbnb Rental Income: $1695 Traditional Rental Income: $2845 Airbnb ROI: -0.6% Traditional ROI: 3.38%
853 Aurora Circle Red Wing, MN This 2-bedroom, 2-bath detached townhome offers easy one-level living with 1,544 finished ...	2 beds \| 2 baths \| 1,544 sq.ft.	$365,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.42% Airbnb Rental Income: $1629 Traditional Rental Income: $2466 Airbnb ROI: -0.37% Traditional ROI: 3.42%
1062 Putnam Avenue Red Wing, MN Cute 1BR/1BA home with an upper-level office/den historically used as a bedroom. Enjoy a p...	1 beds \| 1 baths \| 974 sq.ft.	$169,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.15% Airbnb Rental Income: $1379 Traditional Rental Income: $1329 Airbnb ROI: 2.88% Traditional ROI: 5.15%
808 Aurora Circle Red Wing, MN Enjoy low-maintenance living in this beautifully updated townhome with sweeping valley vie...	3 beds \| 3 baths \| 2,448 sq.ft.	$385,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.23% Airbnb Rental Income: $1695 Traditional Rental Income: $2930 Airbnb ROI: -0.5% Traditional ROI: 4.23%
2773 Ridgeview Drive Red Wing, MN Clean and well maintained 3 bedroom, 2 bath end unit townhome with 2 car attached garage. ...	3 beds \| 2 baths \| 1,432 sq.ft.	$230,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 5.94% Airbnb Rental Income: $1695 Traditional Rental Income: $2110 Airbnb ROI: 1.86% Traditional ROI: 5.94%
1606 Reichert Avenue Red Wing, MN Beautiful twin home on a quiet cul-de-sac! Lots of updates throughout. One level living wi...	2 beds \| 2 baths \| 1,829 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $2179 Airbnb ROI: N/A Traditional ROI: 4.34%
1838 Spruce Drive Red Wing, MN Welcome home to 1838 Spruce Drive in the heart of Red Wing! This beautifully maintained ho...	2 beds \| 2 baths \| 1,360 sq.ft.	$258,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 5.21% Airbnb Rental Income: $1629 Traditional Rental Income: $1881 Airbnb ROI: 2.29% Traditional ROI: 5.21%
1822 Bohmbach Drive Red Wing, MN Welcome to this charming 2-bedroom, 2-bath end-unit townhome offering one-level living! As...	2 beds \| 2 baths \| 1,795 sq.ft.	$365,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.24% Airbnb Rental Income: $1629 Traditional Rental Income: $2348 Airbnb ROI: -0.2% Traditional ROI: 3.24%
912 Aurora Circle Red Wing, MN Beautifully updated and spacious, this 3-bedroom, 3-bath townhome offers high-end living i...	3 beds \| 3 baths \| 2,687 sq.ft.	$410,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.69% Airbnb Rental Income: $1695 Traditional Rental Income: $2908 Airbnb ROI: -0.7% Traditional ROI: 3.69%
716 Central Avenue Red Wing, MN Great price for this spacious 5 bedroom, 2 bathroom home in the heart of Red Wing! This p...	5 beds \| 2 baths \| 2,165 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $2636 Airbnb ROI: N/A Traditional ROI: 7.25%
319 Buchanan Street Red Wing, MN Donât miss this exciting opportunity to own a 3-bed, 1 full bath home nestled in a well-...	3 beds \| 1 baths \| 1,335 sq.ft.	$119,000	Airbnb cash on cash: 7.25% Traditional cash on cash: 11.62% Airbnb Rental Income: $1695 Traditional Rental Income: $1725 Airbnb ROI: 7.25% Traditional ROI: 11.62%
769 Pioneer Road Red Wing, MN Original owner, first time on the market. This split entry home features 3/2 with 3 bedroo...	3 beds \| 2 baths \| 1,660 sq.ft.	$250,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 7.14% Airbnb Rental Income: $1695 Traditional Rental Income: $2283 Airbnb ROI: 2.65% Traditional ROI: 7.14%

Real Estate investment in Red-wing, MN

There are 44 properties for sale in the city of Red Wing . The median list price in Red Wing is $324,950 and the average price per square foot is $164. In October 2025, the average monthly cash on cash return in Red Wing is 5.00%. The average monthly rental income in Red Wing is $2,348.

Red-wing, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 44 investment properties available for sale in Red-wing.

In 2025, the best neighborhood to buy investment property is Red Wing.

The ROI for Long-Term is higher than the Short-Term in Red-wing with average rental income of $2,348.

Your search for investment property begins and ends here

Investment Property for Sale in Red Wing, MN

523 East Avenue #211

Red Wing, MN

2 beds | 2 baths | 1,654 sq.ft.

$359,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $1629

Traditional Rental Income: $2321

Airbnb ROI: -1.2%

Traditional ROI: 2.22%

815 W 4th Street

Red Wing, MN

5 beds | 5 baths | 3,224 sq.ft.

$490,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2312

Airbnb ROI: N/A

Traditional ROI: 2.99%

676 Hi Park Avenue

Red Wing, MN

2 beds | 2 baths | 1,604 sq.ft.

$292,900

Airbnb cash on cash: 0.36%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1629

Traditional Rental Income: $2196

Airbnb ROI: 0.36%

Traditional ROI: 4.08%

534 9th Street

Red Wing, MN

3 beds | 3 baths | 2,592 sq.ft.

$325,000

Airbnb cash on cash: 1.46%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1695

Traditional Rental Income: $2807

Airbnb ROI: 1.46%

Traditional ROI: 6.64%

1728 W 6th Street

Red Wing, MN

3 beds | 2 baths | 1,170 sq.ft.

$239,900

Airbnb cash on cash: 2.11%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1695

Traditional Rental Income: $1941

Airbnb ROI: 2.11%

Traditional ROI: 5.28%

1181 Hewitt Boulevard

Red Wing, MN

3 beds | 3 baths | 2,880 sq.ft.

$510,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1695

Traditional Rental Income: $3117

Airbnb ROI: -0.26%

Traditional ROI: 3.71%

2543 Sunny Meadow Lane

Red Wing, MN

4 beds | 4 baths | 4,144 sq.ft.

$539,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3752

Airbnb ROI: N/A

Traditional ROI: 5.04%

803 Wilkinson Street

Red Wing, MN

3 beds | 2 baths | 1,186 sq.ft.

$289,900

Airbnb cash on cash: 2.28%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $1695

Traditional Rental Income: $1994

Airbnb ROI: 2.28%