$1,306 Closing Credit¹
#6690429, Listing Office: Green Door Group
$114,999 List price
116 2nd St S Virginia, MN 55792
$1,366
Closing credit¹
2,109 sqft
$55 / sqft
Multi-Family
Property details
About 116 2nd St S
SELLER MOTIVATED! ASK ABOUT A BUNDLE DEAL THAT INCLUDES 3 OTHER PROPERTIES! This triplex is a prime opportunity for investors or those seeking a project in a growing area. Located just minutes from prime downtown Virginia, MN, and conveniently close to Highway 53, this property offers easy access to local businesses, including the popular Dave’s Pizza and other surrounding small shops. The property features three separate units, each with its own living area and kitchen. Here's a breakdown of the units: Unit 1: 1 bedroom, 1 bathroom Unit 2: 3 bedrooms, 1 bathroom Unit 3: 1 bedroom, 1 bathroom While the building is in need of some TLC, it has several key updates already in place, including newer HVAC, plumbing, and electrical meters. With a little vision and elbow grease, this property has tremendous potential to be a lucrative investment or a charming multi-unit rental in a growing neighborhood. Don't miss your chance to own this versatile triplex in a great location! Schedule a showing today to see the possibilities for yourself.
Highlights
Home typeTriplex
HeatingBaseboard
StatusActive
Size2,109 sqft
BasementYes
Year built1906
MLS #6642797
Summary
- MLS Number: 6642797
- MLS Name: NORTHSTAR
- Office Name: Keller Williams Classic Rlty NW
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$114,999
116 2nd St S
$1,366
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $45,400 | $952 |
| 2021 | $50,500 | $604 |
| 2020 | $43,500 | $1,180 |
| 2019 | $43,500 | $1,144 |
History based on county public records data.
Nearby schools
4
North Star Elementary School
Public District 3-6
0.3 mi
•411 S 5th Ave
8
Merritt Elementary School
Public District PK-6
2.9 mi
•8659 Unity Dr
4
Cherry Elementary School
Public District PK-6
11.6 mi
•3943 Tamminen Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,000. The most common annual income of people living in Virginia, MN is less than $<35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
48%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
57%
Single, No Kids
22%
Single, with Kids
15%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Family Dollar
Kmart
Wal-Mart
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Sonic
What do the neighbors drive?
Ford
Buick
Oldsmobile
What do the neighbors listen to?
New Country
Oldies- Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 116 2nd St S in Virginia, MN and zip code 55792. This 2,109 square foot home was built in 1906. Features: 0 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $114,999.
Over 2 listings were sold over their listed price in March 2025 in Virginia, MN. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between February and March 2025, Virginia, MN real estate market has seen decrease in the number of listings by 3.7%. While the average time on the market in March 2025 was 66 days, the median list price was $127,010.
From Rocket Homes Real Estate and based on county public records data.