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Fully Rented Multifamily Property
For Sale
$71,900

824 13th St N, Virginia, MN 55792

Currently leased and offered only as part of a three-property package with two nearby Virginia properties.

Property Size1,496 SF
Price / SF$48.06
Days on Market15

Property Features for 824 13th St N

General Information

Standard status Active
Size 1,496 SF
Property subtype Residential Income
Occupancy 100%

Property Condition

Severity Minor
Evidence ready for some sweat equity

Taxes and HOA fees

Annual Taxes $1,566

Building Details

Buildings 2
Listing Agency: Z' Up North Realty
Listed By: Sara Jordahl · License #40484403
Source: Exprealty
Added: Aug 5 Changed: Aug 14 Last Checked: Aug 19 at 1:26PM

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 Z' Up North Realty

Investment Insights

Based on property information with market context.

This multifamily property at 824 13th St N in Virginia, Minnesota, is currently fully rented. The property record identifies a size of 1,496 and presents the asset as an income-producing residential holding.

The sale requires a bundled purchase with 116 2nd St. S. Virginia and 118 2nd St. S. Virginia. The package structure should be considered when evaluating the acquisition, along with the existing occupancy at this property.

Key Highlights

  • Currently fully rented
  • 1,496 property size
  • Sale requires purchase with 116 2nd St. S. Virginia

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Nail Salon Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

630
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Currently leased and offered only as part of a three-property package with two nearby Virginia properties.
Where is this multifamily property located?
The property is located at 824 13th St N Virginia, MN.
What is the asking price?
The asking price for this property is $71,900.
What are key features of this property?
This property features: Currently fully rented; 1,496 property size; Sale requires purchase with 116 2nd St. S. Virginia
More about this property
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