Multifamily

Virginia, MN Multifamily Properties for Sale

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Updated Duplex Residential Property
Updated: Jun 1
Updated Duplex Residential Property

119 8th St. S, Virginia, MN 55792

$35,000
2,012 sqft
Duplex built in 1912 with wood frame construction
Steam heating system
Asphalt roof
Hardwood flooring and dark wood door framing noted
Includes three bedrooms total across the two units, plus two bathrooms
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Two-Unit One-Bedroom Duplex
Updated: Apr 20, 2025
Two-Unit One-Bedroom Duplex

201 2nd Street S, Virginia, MN 55792

$99,900
1,894 sqft 0.09 AC lot
1906‑built duplex with two 1‑bedroom units split between the main and upper floors
Main floor 1BR features a large kitchen, separate dining room, and living room with decorative fireplace and built‑ins
Upper 1BR includes a large bedroom, sizable living area, and access to a private balcony
Both units have electric heat and updated interiors including fresh carpeting and paint (main unit noted as ready for tenant)
New roof and maintenance‑free vinyl siding; shingle roof
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Tenant-Occupied Triplex Property
Tenant-Occupied Triplex Property

1515 S 11th St., Virginia, MN 55792

$94,900

Tenant-occupied triplex in Virginia, MN, with newer roofs on all buildings.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 3 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.

Duplex with Shared Yard and Garage
Duplex with Shared Yard and Garage

205 Fayal Rd, Eveleth, MN 55734

$99,900
1,650 sqft

Two-unit residence in Eveleth with updates, on-site laundry, and parking/garage plus yard.

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Well-Maintained Duplex Investment
Well-Maintained Duplex Investment

612 Adams Ave, Eveleth, MN 55734

$97,900
1,822 sqft

Two-unit duplex with separate utilities and in-unit basement laundry for flexible rental or owner-occupant use.

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Hibbing Duplex with Long-Term Tenants
Hibbing Duplex with Long-Term Tenants

130 E 16th Street, Hibbing, MN 55746

$95,000
1,968 sqft

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

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Hibbing Duplex with Long-Term Tenants
Hibbing Duplex with Long-Term Tenants

124 E 17th St, Hibbing, MN 55746

$95,000
1,346 sqft

Fully rented duplex in Hibbing with off-street parking.

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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.

Aitkin Lots & Land
Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing
0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

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Residential Land in Lakes Country
Residential Land in Lakes Country

30371 Old Sunset Drive, Laporte, MN 56461

$109,900
10.00 AC lot

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

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Commercial Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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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

Value Estimation by Request
11,495 sqft
View details
8387 Marigold St
APARTMENT HOUSE (5+ UNITS)

8387 Marigold St, Virginia, MN 55792-4046

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

8390 Jasmine St, Virginia, MN 55792-4038

$3,010,000
Estimated value
20,904 sqft
View details
201 5th Ave
APARTMENT HOUSE (5+ UNITS)

201 5th Ave, Virginia, MN 55792-2478

$855,000
Estimated value
25,560 sqft
View details
421 10th S St
APARTMENT HOUSE (5+ UNITS)

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

$1,115,000
Estimated value
24,784 sqft
View details
8365 Southern Dr
MOBILE HOME PARK, TRAILER PARK

8365 Southern Dr, Virginia, MN 55792

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

Virginia, MN 55792

Value Estimation by Request
384 sqft
View details
213 5th Ave
APARTMENT HOUSE (5+ UNITS)

213 5th Ave, Virginia, MN 55792-2432

Value Estimation by Request
5,334 sqft
View details
302 12th S St
APARTMENT HOUSE (5+ UNITS)

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

$865,000
Estimated value
13,134 sqft
View details
8383 Marigold St
APARTMENT HOUSE (5+ UNITS)

8383 Marigold St, Virginia, MN 55792-4050

$760,000
Estimated value
20,448 sqft
View details
406 4th Ave
APARTMENT HOUSE (5+ UNITS)

406 4th Ave, Virginia, MN 55792-2767

Value Estimation by Request
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
1033 6th Ave
APARTMENT HOUSE (5+ UNITS)

1033 6th Ave, Virginia, MN 55792-2200

$830,000
Estimated value
24,708 sqft 1.04 AC lot
View details
105 1st S St
APARTMENT HOUSE (5+ UNITS)

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

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

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

Value Estimation by Request
3,840 sqft
View details

Virginia, MN Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Virginia, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,906 square feet of properties for sale, with an estimated market value of $134,900.

Sale prices for multifamily properties in Virginia, MN start at $35,000, averaging $67,450, and reaching up to $99,900 — 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 2
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 average listing prices of real estate assets

Neighborhood Average Price
55792 $78.3K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

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