Listing Agency: Z' Up North Realty a***@zupnorth.com Show Phone

Listed By: Sara Jordahl · License #40484403 Show Phone

Source: Exprealty

Added: Aug 5 Changed: Aug 17 Last Checked: Aug 19 at 10:29AM

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Investment Insights

Based on property information with market context.

This 1,460-square-foot duplex is configured as a two-unit residential income property and is currently fully rented. Recent work includes a newer HVAC system along with updates to portions of the plumbing, providing documented improvements to key building systems.

The property is offered only as part of a bundle with 116 2nd St. S, Virginia, and 824 13th St. N, Virginia. Its Virginia, MN location is described as offering quick travel to downtown areas, shopping, social areas, and parks.

Key Highlights

• 1,460‑square‑foot duplex
• Currently fully rented
• Newer HVAC system

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Parking Lot & Garage Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

604

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Fully rented duplex with newer HVAC equipment and selected plumbing improvements.

Where is this duplex located?

The property is located at 118 2nd St S Virginia, MN.

What is the asking price?

The asking price for this property is $56,900.

What are key features of this property?

This property features: 1,460‑square‑foot duplex; Currently fully rented; Newer HVAC system