9 days on rocket

118 2nd St S, Virginia, MN, 55792

$90,000

Home List Price

$1,069*

Closing Credit

0 Baths
1,118 SqFt
$81/SqFt
Multi

Location

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118 2nd St S, Virginia$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1906
HeatingBaseboard
BasementYes
MLS #6642799
StatusActive

About 118 2nd St S

Welcome to this great 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!

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Living Area: 1,118 SqFt

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

Interior Features

Interior Information:

  • Basement: Yes

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: From highway 533 turn onto 2nd avenue west. From 2nd avenue west take a left onto 2nd street south. The home will be on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $81/SqFt

Tax Information:

  • Annual Amount: $550
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Virginia, MN.

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Virginia, MN

City

Med. Sold Price

$143.6K

Med. Price/SqFt

$93

Avg. Days On Market

84

# of Sold Homes

6

118 2nd St S vs Virginia

9 DAYS ON ROCKET

-75 Days

$90,000

-$53.6K Less

$81/SqFt

-$12 Less

KEY TAKEAWAY

This property is $53.6K less than the Median Sold Price and $12/SqFt less than other homes in Virginia, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6642799

Listing Office:

  • Office Name: Keller Williams Classic Rlty NW

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Last updated on: 1/4/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2004Home Sold
$21,215
Mar 08, 2004Home Sold
$21,215

Tax History

YEARPROP. TAXASSESSMENT
2020$550$25,000
2019$536$25,000
2017$410$21,000

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-439238
8
/10

  • Merritt Elementary School

  • 8659 Unity Dr

  • 2.93 miles

  • Public District Grades PK-6

school-card-donut-439239
4
/10

  • Cherry Elementary School

  • 3943 Tamminen Rd

  • 11.57 miles

  • Public District Grades PK-6

school-card-donut-439240
5
/10

  • Mesabi East Elementary School

  • 601 N 1st St W

  • 13.66 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,000. Most Virginia, MN residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Saint Louis County›Virginia›55792›118 2nd St S

This home is located at 118 2nd St S in Virginia, MN and zip code 55792. This 1,118 square foot home was built in 1906. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $90,000.

Virginia, MN housing market in December 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The number of homes for sale in Virginia, MN decreased by 31% between November 2024 and December 2024. While the average time on the market in December 2024 was 84 days, the median list price was $143,600.

From Rocket Homes Real Estate and based on county public records data.

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