$325,000
411 E Broadway Street Redwood Falls, MN 56283
For Sale MLS# 6826700
8 beds 4 baths 2,970 sq ft Multi-family
Details for 411 E Broadway Street
MLS# 6826700
Description for 411 E Broadway Street, Redwood Falls, MN, 56283
Unlock consistent cash flow with this well-maintained 4-unit multifamily property, perfectly suited for investors or owner-occupants looking to generate passive income. Each spacious unit features 2 bedrooms, and 1 bathroom featuring comfortable layouts for long term tenants. This property is currently fully leased out and offers individual garage space to all 4 units with openers, coin-operated laundry in common area, separately metered electrical in units and common area, 3 updated units including new flooring, cabinets, quartz counter tops, and bathroom updates. Turn-key investment! Call today!
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 8
Bathrooms: 4
Lot Size: 0.18 Acres
Square Feet: 2,970 sq ft
Year Built: 1971
Foundation: 1,485 sq ft
Garage: Yes
Stories: Split Entry (Bi-Level)
Subdivision: Hitchcocks Add
Number Of Units Total: 4
County: Redwood
Days On Market: 19
Construction Status: Previously Owned
School Information
District: 2897 - Redwood Area Schools
Interior Features
Square Footage above: 1,485 sq ft
Square Footage below: 1,485 sq ft
Basement: Concrete Block, Full, Finished (Livable), Egress Windows, Sump Pump
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas, Space Heater
Exterior / Lot Features
Garage Spaces: 4
Parking Description: Detached Garage, Driveway - Concrete, Garage Door Opener, Garage Dimensions - 22 X 48, Garage Sq Ft - 1056.
Exterior: Brick/Stone, Fiber Board
Roof: Asphalt Shingles
Lot Dimensions: 65 X120
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Road Frontage - County, Curbs, Street Lights, Paved Streets, Sidewalks
Community Features
Community Features: Other
Association Amenities: Coin-op Laundry Owned
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 750
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 800
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 650
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Unit 3 Rooms Total: 5
Unit 4 Units Total: 1
Unit 4 Actual Rent: 800
Unit 4 Baths Total: 1
Unit 4 Beds Total: 2
Unit 4 Rooms Total: 5
Driving Directions
Property is located on Hwy 67 in Redwood Falls. 3.5 blocks east of US Hwy 71 on the north side of road.
Financial Considerations
Other Annual Tax: $68
Tenant Pays: Broadband,Cable T.V.,Electric,Fuel,Trash
Owner Pays: Insurance,Lawn,Maintenance/Repair,Other,Sewer,Snow,Taxes,Water
Gross Income: 36000
Tax/Property ID: 884221860
Tax Amount: 2850
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Kerkhoff Auction & Real Estate
The data relating to real estate for sale on this web 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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 411 E Broadway Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 411 E Broadway Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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