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    Virginia, MN
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    Virginia, MN Multifamily Properties for Sale

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    Embarrass, MN Biwabik, MN Gilbert, MN Mountain Iron, MN Iron, MN Eveleth, MN Tower, MN Aurora, MN
    11 properties
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    Four-Unit Quadplex with Laundry
    Updated: Aug 25
    Four-Unit Quadplex with Laundry

    1208 S 2nd Ave W, Virginia, MN 55792

    $290,000
    3,956 sqft
    Four‑unit quadplex with four consistent 2‑bedroom, 1‑bathroom apartments
    3,956 square feet; square footage is approximate
    New roof completed in 2024
    Brand‑new windows installed throughout all four apartments
    On‑site coin‑operated laundry
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    Seven-Bedroom Duplex
    Updated: Aug 3
    Seven-Bedroom Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft
    1,496‑square‑foot duplex
    Seven bedrooms and four bathrooms
    R zoning designation
    Built in 1955
    Natural gas heating
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    Duplex with Hardwood Floors
    Duplex with Hardwood Floors

    119 8th St. S, Virginia, MN 55792

    $35,000
    2,012 sqft

    Wood-frame two-unit property with steam heat and renovation needs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    127 1st St S, Virginia, MN 55792

    $125,000
    7,300 sqft

    Combined commercial and residential space supports business operations alongside on-site apartment living.

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    Fully Rented Triplex
    Fully Rented Triplex

    116 2nd St. S, Virginia, MN 55792

    $64,500
    2,109 sqft

    Three-unit property with newer HVAC, plumbing, and electrical meters, zoned R.

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    Fully Rented Duplex
    Fully Rented Duplex

    118 2nd St. S, Virginia, MN 55792

    $56,900
    742 sqft

    Wood-frame duplex with natural-gas heat, recent HVAC and plumbing improvements, and an established two-unit layout.

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    Updated Triplex Near Downtown
    Updated Triplex Near Downtown

    116 2nd St S, Virginia, MN 55792

    $64,500
    2,109 sqft

    Three-unit property with newer HVAC, plumbing, and electrical meters.

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    Duplex With HVAC Updates
    Duplex With HVAC Updates

    118 2nd St S, Virginia, MN 55792

    $56,900
    1,460 sqft

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

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    Fully Rented Multifamily Property
    Fully Rented Multifamily Property

    824 13th St N, Virginia, MN 55792

    $71,900
    1,496 sqft

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

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    Duplex with Hardwood Floors
    Duplex with Hardwood Floors

    119 8th St S, Virginia, MN 55792

    $35,000
    2,012 sqft

    Two-unit property with partial updates and separate first-floor and upstairs living areas.

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    Duplex with Two One-Bedroom Units
    Duplex with Two One-Bedroom Units

    201 2nd S Street, Virginia, MN 55792

    $99,900
    1,894 sqft

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

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    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 11 Active listings in Virginia, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Leased Duplex
    Fully Leased Duplex

    130 E 16th St, Hibbing, MN 55746

    $95,000
    1,968 sqft

    Upper- and lower-level layout with off-street parking and established tenancy.

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    Fully Leased Upper/Lower Duplex
    Fully Leased Upper/Lower Duplex

    130 E 16th Street, Hibbing, MN 55746

    $95,000
    1,968 sqft

    Fully leased upper and lower duplex with long-term tenants, off-street parking, and hot water heat.

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    RV Resort Cooperative Share
    RV Resort Cooperative Share

    TBD 30 Lake Ave S, Tower, MN 55790

    $59,900
    0.05 AC lot

    Cooperative ownership includes an RV lot, boat-slip access, municipal utilities, and a 50-amp electrical hookup.

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    Cooperative RV Park Interest
    Cooperative RV Park Interest

    TBD 24 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Designated recreational vehicle lot with a boat slip, on-site sewer and water, and 50-amp electrical service.

    View details

    Off-Market Properties in Virginia, MN

    Consider similar Off-Market properties in Virginia, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    201 3rd Ave
    APARTMENT HOUSE (5+ UNITS)

    201 3rd Ave, Virginia, MN 55792-2455

    $135,000
    Estimated value
    11,495 sqft
    View details
    8387 Marigold St
    APARTMENT HOUSE (5+ UNITS)

    8387 Marigold St, Virginia, MN 55792-4046

    $3,410,000
    Estimated value
    20,904 sqft
    View details
    8390 Jasmine St
    APARTMENT HOUSE (5+ UNITS)

    8390 Jasmine St, Virginia, MN 55792-4038

    $3,410,000
    Estimated value
    20,904 sqft
    View details
    201 5th Ave
    APARTMENT HOUSE (5+ UNITS)

    201 5th Ave, Virginia, MN 55792-2478

    $585,000
    Estimated value
    25,560 sqft
    View details
    421 10th S St
    APARTMENT HOUSE (5+ UNITS)

    421 10th S St, Virginia, MN 55792-2867

    $755,000
    Estimated value
    24,784 sqft
    View details
    8365 Southern Dr
    MOBILE HOME PARK, TRAILER PARK

    8365 Southern Dr, Virginia, MN 55792

    $380,000
    Estimated value
    View details
    Virginia, MN 55792
    MOBILE HOME PARK, TRAILER PARK

    Virginia, MN 55792

    $255,000
    Estimated value
    384 sqft
    View details
    213 5th Ave
    APARTMENT HOUSE (5+ UNITS)

    213 5th Ave, Virginia, MN 55792-2432

    $265,000
    Estimated value
    5,334 sqft
    View details
    302 12th S St
    APARTMENT HOUSE (5+ UNITS)

    302 12th S St, Virginia, MN 55792-2952

    $380,000
    Estimated value
    13,134 sqft
    View details
    8383 Marigold St
    APARTMENT HOUSE (5+ UNITS)

    8383 Marigold St, Virginia, MN 55792-4050

    $665,000
    Estimated value
    20,448 sqft
    View details
    406 4th Ave
    APARTMENT HOUSE (5+ UNITS)

    406 4th Ave, Virginia, MN 55792-2767

    $360,000
    Estimated value
    9,072 sqft
    View details
    110 Anderson Dr
    APARTMENT HOUSE (5+ UNITS)

    110 Anderson Dr, Virginia, MN 55792-3566

    $1,665,000
    Estimated value
    23,784 sqft 3.30 AC lot
    View details
    550 3Rd Ave
    Retirement homes

    550 3Rd Ave, Virginia, MN 55792

    Value Estimation by Request
    116,246 sqft 1.26 AC lot
    View details

    Virginia, MN Multifamily Properties Market Trends and Statistics

    Explore 27 multifamily properties for sale in Virginia, MN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 26,586 square feet of properties for sale, with an estimated market value of $971,500.

    Sale prices for multifamily properties in Virginia, MN start at $35,000, averaging $88,318, and reaching up to $290,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Triplexes 2
    Quadplexes 1

    Demographics Overview

    Population 9,848
    Population Growth (5Y) +0.4%
    Median Household Income $50,616
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Virginia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55792 $35K

    Taxes & Financing

    Tax Rate (average for all types) 2.53%
    Property Tax per SF $19.80 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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