418 Franklin Street, Red Wing, MN 55066
Freeborns Add · Goodhue County
Key Facts
Description
Experience the best of downtown living with this well-maintained, one-level gem featuring four garage spaces! The heart of this home is the three-stall heated garage, complete with a kitchen sink and in-floor heat—perfect for year-round hosting, hobbies, or shop projects—plus a solid additional detached garage for tools or a classic car. Inside, you’ll find a functional, sun-drenched layout boasting brand-new carpet (Oct 2025) & beautiful wood trim. Recent upgrades including a newer furnace & water heater, along with new toilets (Jan 2026). Enjoy summer grilling on the private patio or take a short stroll to the nearby farmers market, parks, and dining. With alley access for added privacy and a quiet neighborhood feel, this inviting property offers a rare combination of space & convenience.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
(SF) Single Family
Year Built
1865
Stories
1
Living Area
1,663 sq ft
Lot Size
0.19 acres
Lot Dimensions
62x120
Garage Spaces
4
Zoning
Residential-Single Family
Days on Market
9
MLS® Listing#
7049605
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Foundation
Other Structures
Sewer
Water Source
Rooms
- 14x13Main
- 19x10Main
- 14x13Main
- 11x11Main
- Bathroom3x10Main
- Kitchen12x17Main
- Living Room23x16Main
Financial Details
HOA
None
Annual Taxes
$2,574
Parcel Number
551750240
Directions
Heading East on Hwy 61, take a Right onto Hill Street, Left on Franklin Street, House is on your Right.
Affordability Calculator
$55,600
Estimated monthly payment
$1,480/mo
Principal $222,400 · Est. interest $310,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Red Wing, MN
- $311,111
- Median Listing Price
- 100
- Median Days on Market
- 1,824
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 130
- Active Listings
- This home’s price is 11% below the area median.
- Its price per sq ft is 1% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Red Wing, MN.
Location
Points of Interest in Red Wing, MN
Showing the Red Wing area map.
Nearby Schools
St Johns Lutheran School
School · 0.3 mi away
Jefferson School
Elementary · 0.7 mi away
Goodhue County Education District-6051
School · 0.7 mi away
Sunnyside Elementary
Elementary · 0.7 mi away
Colvill Family Center
School · 0.8 mi away
Red Wing Public Schools
School · 1.1 mi away
Twin Bluff Middle School
Secondary · 1.1 mi away
MCF Redwing Maginnis High School
Secondary · 2.0 mi away
Red Wing High School
Secondary · 2.1 mi away
Burnside Elementary School
Elementary · 4.5 mi away
Tower View Alternative High School
Secondary · 4.9 mi away
Lindgren Early Learning Center
School · 7.3 mi away
St Johns Goodhue
School · 10.2 mi away
Ellsworth Middle
Secondary · 11.4 mi away
Ellsworth High School
Secondary · 11.8 mi away
Hillcrest Elementary School
Elementary · 11.8 mi away
Goodhue Elementary
Elementary · 11.8 mi away
Ellsworth Elementary
Elementary · 11.9 mi away
St Francis School
School · 11.9 mi away
St. John's Lutheran Church
School · 15.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 210 Sargent Drive 103, Red Wing, MN | $195,000 | 2 | 2 | 1,148 |
| 210 Sargent Drive 103, Red Wing, MN | $195,000 | 2 | 2 | 1,148 |
| 222 Bush Street 302, Red Wing, MN | $197,000 | 1 | 1 | 571 |
| 222 Bush Street #304, Red Wing, MN | $197,000 | 1 | 1 | 569 |
| 129 Bottineau Avenue NE, Red Lake Falls, MN | $199,900 | 3 | 4 | 2,382 |
| 2549 Malmquist Avenue, Red Wing, MN | $199,900 | 3 | 2 | 1,431 |
Moving Cost Estimate
EXIT Agents in Red Wing
Listing Courtesy: Red Wing Homes For Sale - 6513881995
Presented by: John R Rohan