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Apartment Cash Flow, Inc. is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":605903,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7135020","MLSAGENTID":"NST506069385","MLSOFFICEID":"NST27376","ADDRESS":"480 8th Street","ACRES":0.38,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"Block,Full,Unfinished","CITY":"Red Wing","CONTINGENCY":"None","COUNTY":"Goodhue","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick,Concrete","FORECLOSURE":"No","LASTPRICE":1290000.0,"LASTPRICEDATE":"2026-08-28T14:59:07.657","LATITUDE":44.560267,"LENDEROWNED":"No","LISTDATE":"2026-08-28T05:00:00","LISTPRICE":1290000.0,"LIVINGAREA":8400.0,"LONGITUDE":-92.530971,"LOTDESCRIPTION":"Corner Lot,Sod Included in Price","MODIFICATIONTIMESTAMP":"2026-08-29T02:24:06.741","OFFICE_OFFICENAME":"Apartment Cash Flow, Inc.","PHOTOCOUNT":44,"POSTALCODE":"55066","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"The Downton Abbey is located in the historic city of Red Wing, Minnesota. Just a few short blocks to the downtown central business district and the iconic St. James Hotel. Claimed to be one of the oldest cities in all of Minnesota, it is storied with a rich history. Originally built in 1965 for the sisters of Saint Jospeh parish as a convent, this stunning three story all-brick building was transformed in 2025-2026 with six well-appointed units. There are two 3-bedroom, two 2-bedroom, and two 1-bedroom apartments spread out over the main and upper floors. The interior has been totally updated with new custom kitchens, quartz countertops, undermount sinks, stainless steel appliances including full size dishwashers and built-in microwaves, and energy-efficient Whirlpool name-brand stack washers and dryers in all apartments. The exterior has received a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and the brick was tuck-pointed. The units offer luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, two panel shaker interior doors, and plush carpeting in the bedrooms. Brand new electrical, plumbing, and sprinkler systems installed. Sits on an oversized corner lot with 0.38+ acres and a freshly laid 12-stall parking lot for residents to enjoy. Walking distance to shops, restaurants, churches, and the entertaining Sheldon Theatre of performing arts!\n\nPROPERTY FACTS:\nYear Built: 1965\nYears Renovated: 2025-2026\nUnits: 6 garden style apartments\nSquare Footage: Building total 8,400+ sqft \nZoning: Multiple-dwelling\nParking: 12 off-street parking spots\nExterior: All-brick and stone exterior\nHeating: Individual electric furnaces / tenants pay their own unit heat \nAir Conditioning: Central air conditioning units / tenants pay their own AC \nRoof: Pitched roof new in 2025\nLaundry: Each unit has a Whirlpool name brand stack Washer and Dryer unit / seller owned\nStorage: There are extra rooms in the lower level for tenant storage lockers\n\nUNIT DESCRIPTIONS:\n 1 - Three Bedroom, Two Bath - Approx. 1,015+ Sqft. / Average rent $2,100.00\n 1 - Three Bedroom, One Bath - Approx. 940+ Sqft. / Average rent $1,950.00\n 2 - Two Bedroom, One Bath - Approx. 560+ Sqft. / Average rent $1,650.00\n 2 - One Bedroom, One Bath - Approx. 445+ Sqft / Average rent $1,350.00\n\nPROPERTY IMPROVEMENTS:\nHallways and common areas recently painted and carpeted (2025)\n\nNewer hot water heaters (2025)\n\nBrand new forced air furnaces and central AC (2025)\n\nExterior concrete steps and sidewalk (2026)\n\nBrand new Andersen Series 100 double-hung windows throughout the building (2025)\n\nApartment entrance steel doors recently repainted\n\nAll six of the apartments have been totally renovated from top to bottom with newer luxury vinyl plank flooring (LVP), carpet in bedrooms, new trim and doors, drywall and fresh paint, new tiled bathrooms and vanities, new custom kitchen cabinets and quartz countertops, new light fixtures, new blinds, and stainless steel appliance package.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Age 8 Years or Less,Asphalt,Pitched","SALEINCLUDES":"Building,Fixture/Equipment,Inventory,Land,Rental License","SCHOOLDISTRICTNUMBER":"256-Red Wing","SCHOOLDISTRICTPHONE":"6513854500","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-08-28T14:59:07.657","LASTSTATUS":"Active","STREETNAME":"8th","STREETNUMBER":"480","STREETSUFFIX":"Street","TRANSACTIONTYPE":"For","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1965,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-08-29T02:23:06.452","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Downton Abbey Logo.png\"},{\"Order\":2,\"Remarks\":\"Screenshot 2026-08-28 at 8.48.08 AM.png\"},{\"Order\":3,\"Remarks\":\"IMG_6149.JPG\"},{\"Order\":4,\"Remarks\":\"IMG_6161.JPG\"},{\"Order\":5,\"Remarks\":\"IMG_6162.JPG\"},{\"Order\":6,\"Remarks\":\"IMG_6163.JPG\"},{\"Order\":7,\"Remarks\":\"IMG_6153.JPG\"},{\"Order\":8,\"Remarks\":\"IMG_6152.JPG\"},{\"Order\":9,\"Remarks\":\"IMG_6106.JPG\"},{\"Order\":10,\"Remarks\":\"IMG_6104.JPG\"},{\"Order\":11,\"Remarks\":\"IMG_6095.JPG\"},{\"Order\":12,\"Remarks\":\"IMG_6102.JPG\"},{\"Order\":13,\"Remarks\":\"IMG_6100.JPG\"},{\"Order\":14,\"Remarks\":\"IMG_6092.JPG\"},{\"Order\":15,\"Remarks\":\"IMG_6098.JPG\"},{\"Order\":16,\"Remarks\":\"IMG_6136.JPG\"},{\"Order\":17,\"Remarks\":\"IMG_6135.JPG\"},{\"Order\":18,\"Remarks\":\"IMG_6131.JPG\"},{\"Order\":19,\"Remarks\":\"IMG_6129.JPG\"},{\"Order\":20,\"Remarks\":\"IMG_6126.JPG\"},{\"Order\":21,\"Remarks\":\"IMG_6122.JPG\"},{\"Order\":22,\"Remarks\":\"IMG_6119.JPG\"},{\"Order\":23,\"Remarks\":\"IMG_6118.JPG\"},{\"Order\":24,\"Remarks\":\"IMG_6115.JPG\"},{\"Order\":25,\"Remarks\":\"IMG_6093.JPG\"},{\"Order\":26,\"Remarks\":\"IMG_6114.JPG\"},{\"Order\":27,\"Remarks\":\"IMG_6109.JPG\"},{\"Order\":28,\"Remarks\":\"IMG_6112.JPG\"},{\"Order\":29,\"Remarks\":\"IMG_6111.JPG\"},{\"Order\":30,\"Remarks\":\"IMG_6088.JPG\"},{\"Order\":31,\"Remarks\":\"IMG_0650.JPG\"},{\"Order\":32,\"Remarks\":\"IMG_0647.JPG\"},{\"Order\":33,\"Remarks\":\"IMG_0648.JPG\"},{\"Order\":34,\"Remarks\":\"IMG_0652.JPG\"},{\"Order\":35,\"Remarks\":\"IMG_0653.JPG\"},{\"Order\":36,\"Remarks\":\"IMG_0656.JPG\"},{\"Order\":37,\"Remarks\":\"IMG_0660.JPG\"},{\"Order\":38,\"Remarks\":\"IMG_0662.JPG\"},{\"Order\":39,\"Remarks\":\"IMG_0664.JPG\"},{\"Order\":40,\"Remarks\":\"IMG_0666.JPG\"},{\"Order\":41,\"Remarks\":\"IMG_0668.JPG\"},{\"Order\":42,\"Remarks\":\"IMG_0673.JPG\"},{\"Order\":43,\"Remarks\":\"IMG_0674.JPG\"},{\"Order\":44,\"Remarks\":\"IMG_0675.JPG\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44","SOURCE":"MG_NST"}
{"ListingKey":"NST7958707","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","NST_AmenitiesUnit":"Cable,Ceiling Fan(s),Kitchen Center Island,Paneled Doors","Appliances":"Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"Block,Full,Unfinished","BasementYN":"True","BuildingAreaTotal":"8400","CumulativeDaysOnMarket":"275","NST_CeilingHeight":"8-10","City":"Red Wing","PossibleUse":"Office,Professional Service,Income","NST_RefrigeratorNum":"One Per Unit","NST_CommercialStyleType":"Apartments/Multi Family","ConstructionMaterials":"Brick,Concrete","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Central Air","CountyOrParish":"Goodhue","CurrentUse":"Residential","Directions":"From downtown Red Wing you go southeast to property / the property is a yellow brick 3-story on the corner of 8th street and East Ave","DocumentsCount":"1","DocumentsChangeTimestamp":"2026-08-28T14:59:07.657Z","DaysOnMarket":"0","ElectricExpense":"800","ExteriorFeatures":"Stone","Fencing":"Wood","Flooring":"Carpet,Luxury Vinyl Plank","FoundationArea":"2800","FoundationDetails":"Block,Brick/Mortar","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric","FuelExpense":"0","GarageSpaces":"0","GrossIncome":"118188","Heating":"Forced Air,Heat Pump","HighSchoolDistrict":"Red Wing","NST_ForeclosureStatus":"No","Inclusions":"Building,Fixture/Equipment,Inventory,Land,Rental License","InsuranceExpense":"6219","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.560267","NST_LenderOwned":"No","Levels":"Two","ListPrice":"1290000","ListingContractDate":"2026-08-28T05:00:00Z","ListingId":"NST7135020","LockBoxType":"None","Longitude":"-92.530971","LotFeatures":"Corner Lot,Sod Included in Price","LotSizeArea":"0.38","LotSizeDimensions":"120 x 150","LotSizeUnits":"Acres","MaintenanceExpense":"1500","ManagerExpense":"1200","NetOperatingIncome":"91735","NumberOfUnitsTotal":"6","OperatingExpense":"26452","OriginalEntryTimestamp":"2026-08-28T09:57:04Z","OtherExpense":"2400","NST_OwnerOccupied":"No","OwnerPays":"Hot Water,Grounds Care,Repairs,Sewer,Snow Removal,Taxes,Trash Collection,Water","ParcelNumber":"555500040","ParkingFeatures":"Parking Lot,Paved Lot","PhotosCount":"44","PhotosChangeTimestamp":"2026-08-29T02:23:06.452Z","PoolFeatures":"None","PostalCity":"Red Wing","PostalCode":"55066","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"The Downton Abbey is located in the historic city of Red Wing, Minnesota. Just a few short blocks to the downtown central business district and the iconic St. James Hotel. Claimed to be one of the oldest cities in all of Minnesota, it is storied with a rich history. Originally built in 1965 for the sisters of Saint Jospeh parish as a convent, this stunning three story all-brick building was transformed in 2025-2026 with six well-appointed units. There are two 3-bedroom, two 2-bedroom, and two 1-bedroom apartments spread out over the main and upper floors. The interior has been totally updated with new custom kitchens, quartz countertops, undermount sinks, stainless steel appliances including full size dishwashers and built-in microwaves, and energy-efficient Whirlpool name-brand stack washers and dryers in all apartments. The exterior has received a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and the brick was tuck-pointed. The units offer luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, two panel shaker interior doors, and plush carpeting in the bedrooms. Brand new electrical, plumbing, and sprinkler systems installed. Sits on an oversized corner lot with 0.38+ acres and a freshly laid 12-stall parking lot for residents to enjoy. Walking distance to shops, restaurants, churches, and the entertaining Sheldon Theatre of performing arts!\n\nPROPERTY FACTS:\nYear Built: 1965\nYears Renovated: 2025-2026\nUnits: 6 garden style apartments\nSquare Footage: Building total 8,400+ sqft \nZoning: Multiple-dwelling\nParking: 12 off-street parking spots\nExterior: All-brick and stone exterior\nHeating: Individual electric furnaces / tenants pay their own unit heat \nAir Conditioning: Central air conditioning units / tenants pay their own AC \nRoof: Pitched roof new in 2025\nLaundry: Each unit has a Whirlpool name brand stack Washer and Dryer unit / seller owned\nStorage: There are extra rooms in the lower level for tenant storage lockers\n\nUNIT DESCRIPTIONS:\n 1 - Three Bedroom, Two Bath - Approx. 1,015+ Sqft. / Average rent $2,100.00\n 1 - Three Bedroom, One Bath - Approx. 940+ Sqft. / Average rent $1,950.00\n 2 - Two Bedroom, One Bath - Approx. 560+ Sqft. / Average rent $1,650.00\n 2 - One Bedroom, One Bath - Approx. 445+ Sqft / Average rent $1,350.00\n\nPROPERTY IMPROVEMENTS:\nHallways and common areas recently painted and carpeted (2025)\n\nNewer hot water heaters (2025)\n\nBrand new forced air furnaces and central AC (2025)\n\nExterior concrete steps and sidewalk (2026)\n\nBrand new Andersen Series 100 double-hung windows throughout the building (2025)\n\nApartment entrance steel doors recently repainted\n\nAll six of the apartments have been totally renovated from top to bottom with newer luxury vinyl plank flooring (LVP), carpet in bedrooms, new trim and doors, drywall and fresh paint, new tiled bathrooms and vanities, new custom kitchen cabinets and quartz countertops, new light fixtures, new blinds, and stainless steel appliance package.","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","RoadFrontageType":"City Street","RoadResponsibility":"Public Maintained Road","Roof":"Age 8 Years or Less,Asphalt,Pitched","NST_SchoolDistrictFullName":"256 - Red 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Box 152 Pine River, MN 56474
Doug Zaske, Owner/Broker
Office: 218.587.4424
Cell: 218.820.8688