118 2nd St S Virginia, MN 55792
Estimated payment $386/month
About This Home
This property is part of a bundle deal! 116 2nd Street South Virgina MN 55792, 118 2nd Street South Virginia MN 55792, and 824 13th Street North Virginia MN 55792. Up/down duplex located in the vibrant and growing community of Virginia, MN.
Offering a fantastic investment opportunity or owner-occupant living with rental income potential, this property is perfectly situated near local favorites, including Dave’s Pizza, Main Street, and a variety of small businesses. It also provides easy access to Highway 53, just minutes from the shopping district and local amenities.
Property Highlights:
Lower Unit: 2 bedrooms, 1 bathroom with spacious living areas, perfect for tenants or potential homeowners.
Upper Unit: 1 bedroom, 1 bathroom with cozy living space ideal for single occupants or a small family.
Upgrades: Newer HVAC, electrical, and plumbing systems, ensuring modern efficiency and peace of mind for years to come.
Additional Potential: The large back lot offers the possibility of adding a garage, enhancing the
property’s value and convenience. With its proximity to downtown, local businesses, and major roads, this duplex offers both a prime
location and solid potential for future growth. Don’t miss out on this fantastic opportunity to invest in Virginia, MN!
Listing Agent
Keller Williams Classic Rlty NW Brokerage Phone: 612-417-1100 Listed on: 12/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $890
Year Built
- Built in 1906
Home Design
- Duplex
Interior Spaces
- 1,742 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 25 x 120
- Baseboard Heating
Community Details
- 2 Units
- Virginia Subdivision
Listing and Financial Details
- Assessor Parcel Number 090001012080
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $1,004 | $42,400 | $2,500 | $39,900 |
| 2022 | $624 | $27,200 | $2,200 | $25,000 |
| 2021 | $550 | $29,000 | $2,200 | $26,800 |
| 2020 | $536 | $25,000 | $2,200 | $22,800 |
| 2019 | $412 | $25,000 | $2,200 | $22,800 |
| 2018 | $410 | $21,000 | $2,500 | $18,500 |
| 2017 | $532 | $21,000 | $2,500 | $18,500 |
| 2016 | $540 | $25,600 | $2,500 | $23,100 |
| 2015 | $511 | $28,700 | $2,500 | $26,200 |
| 2014 | $511 | $28,700 | $2,500 | $26,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $59,000 | -9.2% | $34 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $64,999 | -7.1% | $37 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $69,999 | -6.7% | $40 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $74,999 | -6.3% | $43 / Sq Ft |
| 01/31/2025 01/31/25 | Price Changed | $79,999 | -11.1% | $46 / Sq Ft |
| 01/02/2025 01/02/25 | For Sale | $90,000 | -- | $52 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Contract Of Sale | $200,000 | -- | |
| Corporate Deed | $21,215 | -- | |
| Contract Of Sale | $21,215 | -- | |
| Contract Of Sale | $22,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Seller Take Back |
Source: NorthstarMLS
MLS Number: 6642799
APN: 090001012080
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