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    Virginia, MN Multifamily Properties for Sale

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    Biwabik, MN Mountain Iron, MN Gilbert, MN
    Virginia Multifamily Investment Opportunity
    $150,000
    2,782 SF

    Virginia Multifamily Investment Opportunity

    205 5th St S, Virginia, MN 55792

    Fully rented triplex with strong income potential in Virginia, MN.

    • Strong income potential from a fully rented multifamily property.
    • Three separate living spaces: a 3 bedroom single‑family home and a detached 2‑unit garage apartment.
    • Main home features a newer roof installed in 2021.
    • Garage apartment includes a newer furnace and water heater installed in 2021.
    • Lower garage apartment was renovated at the end of 2023.
    Updated: May 19
    View details
    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Updated Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    400 Main S Street, Biwabik, MN 55708
    View details
    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,346 SF

    Hibbing Duplex with Long-Term Tenants

    Fully rented duplex in Hibbing with off-street parking.

    124 E 17th St, Hibbing, MN 55746
    View details
    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,968 SF

    Hibbing Duplex with Long-Term Tenants

    Fully leased duplex in Hibbing, well-maintained with off-street parking.

    130 E 16th Street, Hibbing, MN 55746
    View details
    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Biwabik Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    400 Main Street S, Biwabik, MN 55708
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Lakes Country
    $109,900
    10.00 Acres

    Residential Land in Lakes Country

    10 acres near lakes with well, septic, and electric.

    Laporte, MN 56461
    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres

    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308
    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)
    11,495 SF
    Value Estimation by Request

    201 3rd Ave, Virginia, MN 55792-2455

    View details
    8387 Marigold St
    APARTMENT HOUSE (5+ UNITS)
    20,904 SF
    Estimated value
    $3,010,000

    8387 Marigold St, Virginia, MN 55792-4046

    View details
    8390 Jasmine St
    APARTMENT HOUSE (5+ UNITS)
    20,904 SF
    Estimated value
    $3,010,000

    8390 Jasmine St, Virginia, MN 55792-4038

    View details
    201 5th Ave
    APARTMENT HOUSE (5+ UNITS)
    25,560 SF
    Estimated value
    $855,000

    201 5th Ave, Virginia, MN 55792-2478

    View details
    421 10th S St
    APARTMENT HOUSE (5+ UNITS)
    24,784 SF
    Estimated value
    $1,115,000

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

    View details
    8365 Southern Dr
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    8365 Southern Dr, Virginia, MN 55792

    View details
    Virginia, MN 55792
    MOBILE HOME PARK, TRAILER PARK
    384 SF
    Value Estimation by Request

    Virginia, MN 55792

    View details
    213 5th Ave
    APARTMENT HOUSE (5+ UNITS)
    5,334 SF
    Value Estimation by Request

    213 5th Ave, Virginia, MN 55792-2432

    View details
    302 12th S St
    APARTMENT HOUSE (5+ UNITS)
    13,134 SF
    Estimated value
    $865,000

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

    View details
    8383 Marigold St
    APARTMENT HOUSE (5+ UNITS)
    20,448 SF
    Estimated value
    $760,000

    8383 Marigold St, Virginia, MN 55792-4050

    View details
    406 4th Ave
    APARTMENT HOUSE (5+ UNITS)
    9,072 SF
    Value Estimation by Request

    406 4th Ave, Virginia, MN 55792-2767

    View details
    110 Anderson Dr
    APARTMENT HOUSE (5+ UNITS)
    23,784 SF Lot: 3.30 Acres
    Estimated value
    $1,665,000

    110 Anderson Dr, Virginia, MN 55792-3566

    View details
    550 3Rd Ave
    Retirement homes
    116,246 SF Lot: 1.26 Acres
    Value Estimation by Request

    550 3Rd Ave, Virginia, MN 55792

    View details
    1033 6th Ave
    APARTMENT HOUSE (5+ UNITS)
    24,708 SF Lot: 1.04 Acres
    Estimated value
    $830,000

    1033 6th Ave, Virginia, MN 55792-2200

    View details
    105 1st S St
    APARTMENT HOUSE (5+ UNITS)
    6,100 SF
    Value Estimation by Request

    105 1st S St, Virginia, MN 55792-2603

    View details
    105 1st N St
    APARTMENT HOUSE (5+ UNITS)
    3,840 SF
    Value Estimation by Request

    105 1st N St, Virginia, MN 55792-2536

    View details

    Virginia, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 17 multifamily properties for sale in Virginia, MN on our real estate platform. These investment opportunities span a total of 2,782 square feet of properties for sale, with an estimated market value of $150,000.

    Sale prices for multifamily properties in Virginia, MN start at $150,000, averaging $150,000, and reaching up to $150,000 — 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

    Triplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    55792 $150K

    Taxes & Financing

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

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