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480 8th St , Red Wing, MN 55066
$1,290,000
Est. Payment: $6,664.75/mo
0 Bed
0 Bath
8400 Sqft
Status: Active | Days on site: 9
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27376 - 506069385
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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! PROPERTY FACTS: Year Built: 1965 Years Renovated: 2025-2026 Units: 6 garden style apartments Square Footage: Building total 8,400+ sqft Zoning: Multiple-dwelling Parking: 12 off-street parking spots Exterior: All-brick and stone exterior Heating: Individual electric furnaces / tenants pay their own unit heat Air Conditioning: Central air conditioning units / tenants pay their own AC Roof: Pitched roof new in 2025 Laundry: Each unit has a Whirlpool name brand stack Washer and Dryer unit / seller owned Storage: There are extra rooms in the lower level for tenant storage lockers UNIT DESCRIPTIONS: 1 - Three Bedroom, Two Bath - Approx. 1,015+ Sqft. / Average rent $2,100.00 1 - Three Bedroom, One Bath - Approx. 940+ Sqft. / Average rent $1,950.00 2 - Two Bedroom, One Bath - Approx. 560+ Sqft. / Average rent $1,650.00 2 - One Bedroom, One Bath - Approx. 445+ Sqft / Average rent $1,350.00 PROPERTY IMPROVEMENTS: Hallways and common areas recently painted and carpeted (2025) Newer hot water heaters (2025) Brand new forced air furnaces and central AC (2025) Exterior concrete steps and sidewalk (2026) Brand new Andersen Series 100 double-hung windows throughout the building (2025) Apartment entrance steel doors recently repainted All 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.
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Highlights

Listed by Nathan P. Opatz , 651-263-3653 Apartment Cash Flow, Inc. , 651-263-3653. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale
Lot/Acreage
0.38

Year Built

1965

County

Goodhue

 Neighborhood

Todd & Douds Sub

 School District

Red Wing

Listing ID

7135020

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Basement:Block,Full,Unfinished
Other:
  • ▪ Additional:Cable, Ceiling Fan(s), Kitchen Center Island, Paneled Doors
Water:City Water/Connected

Exterior Features

Lot:Corner Lot,Sod Included in Price,Wood
Lot Dimensions:120 x 150
Zoning:Residential-Multi-Family
Roof:Age 8 Years or Less,Asphalt,Pitched
Sewer:City Sewer/Connected
Parking Features:Parking Lot,Paved Lot
Principal Interest
$6,665
Taxes
$685

Home Price

$1,290,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$258,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,664.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,664.75 $685.42 $0.00 $7,350.16
Yearly $79,976.95 $8,225.00 $0.00 $88,201.95
Total $2,399,308.58 $246,750.00 $0.00 $2,646,058.58
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Red Wing, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T04:57:07.000Z

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