Search
Triplex with Updated Systems

116 2nd St. S, Virginia, MN 55792

For Sale
$64,500

MULTI FAMILY, Virginia, MN

Property Size2,109 SF
Price / SF$30.58
Days on Market97

Property Features for 116 2nd St. S

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1
Elementary school district Virginia
Middle school district Virginia
High school district Virginia
Subdivision Virginia
Standard status Active
Size 2,109 SF

Additional Details

Tenant in Place Yes

Utilities

Heating system Natural Gas

Building Details

Year built 1906
Number of units 3
Roof type Asphalt
Listing Agency: z' Up North Realty
Listed By: Sara Jordahl · License #40484403
Added: Aug 3 Changed: Oct 27 Last Checked: Nov 7 at 9:06PM
MLS# 150476

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,109-square-foot triplex in Virginia, MN, was built in 1906 and is fully rented. The property has newer HVAC equipment, updated plumbing, and newer electrical meters, while natural-gas heating and an asphalt roof serve the building. R zoning supports its residential classification.

The sale must include the properties at 118 2nd St. S and 824 13th St. N in Virginia. The 116 2nd St. S location offers access to downtown areas, banks, shops, restaurants, and other social destinations. The property includes three bedrooms and three bathrooms among the listed rooms.

Key Highlights

  • Fully rented triplex at 116 2nd St. S, Virginia, MN 55792
  • 2,109 square feet of property area
  • Built in 1906

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 55792, MN

9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully rented residential property with newer HVAC, plumbing, and electrical meters.
Where is this triplex located?
The property is located at 116 2nd St. S Virginia, MN.
What is the asking price?
The asking price for this property is $64,500.
What are key features of this property?
This property features: Fully rented triplex at 116 2nd St. S, Virginia, MN 55792; 2,109 square feet of property area; Built in 1906
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved