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Duplex with Two One-Bedroom Units
For Sale
$99,900

201 2nd S Street, Virginia, MN 55792

Main-floor and upper-level apartments offer distinct living spaces, with basement laundry and storage plus alley-access parking.

Property Size1,894 SF
Price / SF$52.75
Days on Market499

Property Features for 201 2nd S Street

General Information

Standard status Active
Size 1,894 SF
Property subtype Multi Family

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,948

Building Details

Year Built 1906
Listing Agency: Northwoods Land Office, Inc
Listed By: Betsy Clark
Source: Exitrealty
Added: Apr 21, 2025 Changed: Aug 31 Last Checked: Aug 31 at 6:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northwoods Land Office, Inc

Investment Insights

Based on property information with market context.

This 1,894-square-foot duplex contains two one-bedroom apartments arranged across the main and upper levels. The main-floor unit includes a generously sized kitchen, separate dining room, bedroom with French doors, full bathroom, and living room with built-ins and a decorative fireplace. New carpeting and paint have been added throughout that apartment. The upper unit features a large bedroom, living area with private balcony access, a kitchen with substantial cabinet storage, and a bathroom with a claw-foot tub and separate shower. Both units use electric heat.

A basement entrance leads to shared laundry and storage space, while the parking area is located off the alley. Exterior improvements include a new roof, front deck, and maintenance-free siding. The property is within walking distance of restaurants, shops, and businesses in Downtown Virginia. Built in 1906, the duplex offers a two-unit residential configuration in an established downtown setting.

Key Highlights

  • Two one‑bedroom units distributed across the main and upper levels
  • 1,894 square feet; built in 1906
  • Main‑floor apartment has new carpeting and paint throughout

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

696
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Main-floor and upper-level apartments offer distinct living spaces, with basement laundry and storage plus alley-access parking.
Where is this duplex located?
The property is located at 201 2nd S Street Virginia, MN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two one‑bedroom units distributed across the main and upper levels; 1,894 square feet; built in 1906; Main‑floor apartment has new carpeting and paint throughout
More about this property
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