About This Home

This 8-bedroom, 4-bathroom residential multi family at 1208 S 2nd Ave W in Virginia, MN is listed for $270,000 ($68 per sqft). Built in 1908, the home offers 3,956 sqft of living space on a N/A lot.

Key Features

  • Built in 1908

Property Details

4 full
1908
Listing Description

Well-maintained 4-plex in Virginia with strong rental income and recent improvements. All four units feature a functional 2-bedroom, 1-bathroom layout, providing consistency for management and maintenance. The property offers coin-operated laundry on site, fixed-term leases, and established rental income.

Recent improvements include brand-new windows throughout all four apartments and a new roof in 2024. New flooring throughout many of the units. Other updates such as appliances and bathrooms occur as they are needed. The property is professionally managed and has already passed the City of Virginia's residential rental inspection.

A solid opportunity to add a fully occupied, income-producing multifamily property to your portfolio with established tenants, fixed-term leases, on-site laundry, and recent capital improvements. Square Footage and Accounting numbers are approximated. Buyer to verify square footage numbers and clarify accounting.

Monthly Cost Estimate

$1,444/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

1208 S 2nd Ave W

Virginia, MN 55792

Property Details

Construction

Wood Frame

Parking

On StreetOffsite

Heating

Electric (Heating)

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 1208 S 2nd Ave W is listed at $270,000 ($68/sqft). The estimated monthly payment is $1,444 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1908.

This property is listed by Rena Freeman and can be reached at 2189693561.

RF

Rena Freeman

Agent at Johnson Hometown Realty

(218) 969-3561

Listed by Johnson Hometown Realty · Broker phone: 2182634411 · View on Broker Site

MLS# 150593· Source: Range Association of REALTORS· 49 days on PropertySimple

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1208 S 2nd Ave W, Virginia, MN 55792

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