$65,000
SOLD AUG 1, 2025

119 3rd St S Virginia, MN 55792

5 Beds
2 Baths
2,243 Sq Ft
1911 Built

Recently Sold

$29 Per Sq Ft

104 Days on Market

About This Home

As of August 2025

Excellent duplex rental property with fantastic cash flow! 3 bedroom unit + 2 bedroom unit / 2 stall garage / New roof / Nice back yard. A spectacular income producing opportunity for investors!

Last Agent to Sell the Property

Thomas Sturgis

Perrella & Associates License #40594098 Listed on: 03/06/2025

Last Buyer's Agent

Thomas Sturgis

Perrella & Associates License #40594098 Listed on: 03/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Home Design

  • 2,243 Sq Ft Home
  • Duplex

Additional Features

  • Lot Dimensions are 120 x 25
  • Heating System Uses Steam

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Utility Expense $7,800
  • Gross Income $28,404
  • Net Operating Income $17,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: Multi Family
  • Lvt Date: 03/06/2025
  • Real Estate Tax: 1920
  • Type: Duplex
  • Year Built: 1911
  • Lot Size Length: 120
  • Lot Size Width: 25
  • Utilities Expenses: 7800
  • Insurance Expenses: 1200
  • Net Income: 17484
  • Projected Income: 28404
  • Total Expense: 10920
  • Total Income: 28404
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2243

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Electric, Steam

Fee Information

  • Rent Income: 2367

Lot Info

  • Zoning: 207

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 1920

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $65,000 0.0% $29 / Sq Ft
03/06/2025 03/06/25 For Sale $65,000 -- $29 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Sturgis

    Seller's Agent in 2025

    Thomas Sturgis

    Perrella & Associates

    (218) 750-0004

    10 in this area

    34 Total Sales

    Thomas Sturgis
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Map

Source: Range Association of REALTORS®

MLS Number: 147997

Range Association of REALTORS®
Minnesota St Louis County Virginia 55792

119 3rd St S, Virginia, MN

Sold

MultiFamily

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