$1,306 Closing Credit¹
#6690429, Listing office: Green Door Group
$104,999 List price
116 2nd St S Virginia, MN 55792
$1,247
Closing credit¹
2,109 sqft
$50 / 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
- Basement: Yes
- Heating: Baseboard
- List Price: $104,999
- Price/SqFt: $49
- Annual Tax Amount: $952
- Tax Year: 2023
- Directions: From highway 53 turn onto second avenue w. From second avenue turn onto second street south. From there you will see the home on your left!
- Year Built: 1906
- Living Area: 2,109 SqFt
- MLS Number: 6642797
- MLS Name: NORTHSTAR
- Office Name: Keller Williams Classic Rlty NW
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Last updated on: 6/13/2025, 7:37:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$104,999
116 2nd St S
$1,247
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 majority of Virginia, MN residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of 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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Frequently asked questions
About 116 2nd St S
The listing price of 116 2nd St S property is $104,999.
The property 116 2nd St S is a multi located in Virginia, Minnesota, 55792.
Active Listing: 116 2nd St S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 2nd St S are: North Star Elementary School (GreatSchools Rating 4/10), Merritt Elementary School (GreatSchools Rating 8/10), Cherry Elementary School (GreatSchools Rating 4/10), Chisholm Elementary School (GreatSchools Rating 4/10), Rock Ridge High School (GreatSchools Rating 5/10), Northland Learning Center 010 (GreatSchools Rating 4/10), East Range Academy of Tech-Science (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $952 (source: MLS/based on county public records data).
The property 116 2nd St S is 2,109 SqFt (source: MLS/tax record).
The year of construction for 116 2nd St S is 1906.
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 $104,999.
In May 2025 more than 1 listings in Virginia, MN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Virginia, MN between April and May 2025 increased by 22.2%. In May 2025, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $134,000.
From Rocket Homes Real Estate and based on county public records data.