Four-Unit Apartment
New
For Sale
$290,000
1208 S 2nd Ave W, Virginia, MN 55792
MULTI FAMILY, Virginia, MN
Property Size3,956 SF
Price / SF$73.31
Days on Market2
Property Features for 1208 S 2nd Ave W
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 3
Parking features
Offsite, On Street
Elementary school district
Virginia
Middle school district
Virginia
High school district
Virginia
Subdivision
Virginia
Standard status
Active
Size
3,956 SF
Utilities
Heating system
Electric (Heating)
Amenities
coin-operated laundry
Building Details
Year built
1908
Number of units
4
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
Johnson Hometown Realty
(218) 263-4411
Listed By:
Rena Freeman
(218) 969-3561
Added: Aug 25
Last Checked: Aug 26 at 6:06PM
MLS# 150593
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.
Investment Insights
Based on property information with market context.
This wood-frame multifamily property contains four apartments totaling 3,956 square feet. Each unit follows a two-bedroom, one-bathroom layout, creating a consistent configuration across the building. Coin-operated laundry is available on site, while parking is provided off site and on the street. The property was built in 1908 and has a shingle roof with electric heating.
Recent work includes replacement windows throughout all four apartments and new flooring in many units. Additional appliance and bathroom updates have been completed as needed. The building is professionally managed, fully occupied, and leased on fixed terms. It has also passed the City of Virginia’s residential rental inspection.
Recent work includes replacement windows throughout all four apartments and new flooring in many units. Additional appliance and bathroom updates have been completed as needed. The building is professionally managed, fully occupied, and leased on fixed terms. It has also passed the City of Virginia’s residential rental inspection.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 3,956‑square‑foot wood‑frame multifamily building
- New windows installed throughout all four apartments
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
180
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing multifamily property with consistent layouts, on-site laundry, and documented recent improvements.
Where is this quadplex located?
The property is located at 1208 S 2nd Ave W Virginia, MN.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 3,956‑square‑foot wood‑frame multifamily building; New windows installed throughout all four apartments
