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    Virginia, MN
    Residential Income

    Virginia, MN Residential Income Properties for Sale

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    Embarrass, MN Biwabik, MN Gilbert, MN Iron, MN Mountain Iron, MN Tower, MN Eveleth, MN Aurora, MN
    7 properties
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    Duplex with Hardwood Flooring
    Updated: Jul 11
    Duplex with Hardwood Flooring

    119 8th St. S, Virginia, MN 55792

    $35,000
    2,012 sqft
    Duplex with hardwood flooring and wood‑frame construction
    Steam heat
    Built in 1912
    Asphalt roof
    First‑floor unit needs TLC; upstairs unit ready for a full update
    View details
    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
    View details
    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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    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 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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    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.

    View details
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 7 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.

    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 Co-op Lot with Boat Slip
    RV Resort Co-op Lot with Boat Slip

    TBD 30 Lake Ave S, Tower, MN 55790

    $59,900
    0.05 AC lot

    Co-op lot in Tower RV Resort with on-site sewer/water, 50-amp hookup, and a boat slip on Lake Vermillion.

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    RV Resort Cooperative Lot with Boat Slip
    RV Resort Cooperative Lot with Boat Slip

    TBD 24 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Cooperative RV lot with lake access, a boat slip, and on-site water, sewer, and 50-amp service.

    View details
    Corner Brick Mixed-Use Building
    Corner Brick Mixed-Use Building

    1911 7th Avenue E, Hibbing, MN 55746

    $299,000

    Solid brick corner building combines three apartment units with an additional apartment-style space and a warehouse/workshop area.

    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.

    Heavily Wooded 10-Acre Lot
    Heavily Wooded 10-Acre Lot

    N Moon Lake Drive, Eveleth, MN 55734

    $70,000
    10.00 AC lot

    10-acre lot on Moon Lake with southern exposure.

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    Lakefront Residential Development Land
    Lakefront Residential Development Land

    Bass Lake Road, Gilbert, MN 55741

    $224,900
    1.48 AC lot

    Heavily wooded 1.48-acre parcel on Bass Lake with about 200 ft private shoreline and paved-road access.

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    Waterfront Land with Private Shoreline
    Waterfront Land with Private Shoreline

    Bass Lake Rd, Gilbert, MN 55741

    $209,900
    1.48 AC lot

    Heavily wooded Bass Lake lot with electricity at the street and paved-road access for a custom build.

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    Elliot Lake Waterfront Land Parcel
    Elliot Lake Waterfront Land Parcel

    Jola Road, Eveleth, MN 55734

    $139,000
    4.50 AC lot

    4.5-acre parcel with 680 feet of shoreline on Elliot Lake.

    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
    1033 6th Ave
    APARTMENT HOUSE (5+ UNITS)

    1033 6th Ave, Virginia, MN 55792-2200

    $610,000
    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

    $255,000
    Estimated value
    6,100 sqft
    View details
    105 1st N St
    APARTMENT HOUSE (5+ UNITS)

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

    $295,000
    Estimated value
    3,840 sqft
    View details

    Virginia, MN Residential Income Properties Market Trends and Statistics

    Explore 23 residential income properties for sale in Virginia, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 16,615 square feet of properties for sale, with an estimated market value of $482,100.

    Sale prices for residential income properties in Virginia, MN start at $35,000, averaging $68,871, and reaching up to $125,000 — 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

    Multifamily properties 7
    Duplexes 4
    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 $130K

    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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