Search
Three-Unit Multifamily Property
For Sale
$119,000

212 8th St S, Virginia, MN 55792

Three licensed apartments offer a mix of one- and two-bedroom layouts, with off-street parking for residents.

Property Size1,372 SF
Price / SF$86.73
Days on Market8

Property Features for 212 8th St S

General Information

Standard status Active
Size 1,372 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR, 2 x 1BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,386
Listing Agency: Vermilion Land Office, Inc
Listed By: Sherry Anderson · License #40026207
Source: Exprealty
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 16 at 9:40AM

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 Vermilion Land Office, Inc

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 multifamily property contains three separate apartments: a two-bedroom unit on the main floor, a one-bedroom apartment upstairs, and another one-bedroom unit above a detached one-stall garage. The building measures 1,372 square feet and occupies two city lots. All three apartments are licensed with the City of Virginia.

Off-street parking serves the rental units. The property is located at 212 8th St S in Virginia, Minnesota.

Key Highlights

  • Three separate apartments: one two‑bedroom unit and two one‑bedroom units
  • All units licensed with the City of Virginia
  • 1,372‑square‑foot property on two city lots

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

552
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?
Multifamily property - Three licensed apartments offer a mix of one- and two-bedroom layouts, with off-street parking for residents.
Where is this multifamily property located?
The property is located at 212 8th St S Virginia, MN.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Three separate apartments: one two‑bedroom unit and two one‑bedroom units; All units licensed with the City of Virginia; 1,372‑square‑foot property on two city lots
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
Reason not saved — we won't ask again