Your investment opportunity has arrived in a package deal! This triplex is fully rented throughout and is a great way to earn extra income, and some sweat equity. Within quick travel distance to downtown areas, banks, shops, restaurants, and social life. Some key updates on the property include newer HVAC, plumbing, and electrical meters which allows you to focus on the small projects to really shine this place up. Must be sold in a package sale along with the neighboring property at 118 2nd St. S. Virginia and 824 13th St N. Virginia.
For sale
$64,500
116 2nd St S, Virginia, MN 55792
5beds
5baths
2,109sqft
Triplex
Built in 1906
-- sqft lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Newer hvac
- 9 days |
- 183 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Sara Jordahl 218-750-0892,
Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6127164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Natural Gas
Features
- Basement: Full
Interior area
- Total interior livable area: 2,109 sqft
- Finished area above ground: 2,109
- Finished area below ground: 0
Property
Parking
- Parking features: None
Lot
- Size: 2,613 Square Feet
- Dimensions: 50.00 x 120.00
Details
- Foundation area: 936
- Parcel number: 090001012060
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Fiber Board, Frame/Wood
- Foundation: Rock
Condition
- Previously Owned
- Year built: 1906
Utilities & green energy
- Electric: Virginia Public Utilities
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Virginia
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $58,800
- Annual tax amount: $1,056
- Date on market: 8/5/2026
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional
- Tenant pays: Water, Sewer
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,566/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $64,500-38.6%$31/sqft |
Source: Range AOR #150476 Report a problem | ||
| 10/7/2025 | Listing removed | $104,999+6.1%$50/sqft |
Source: Range AOR #147869 Report a problem | ||
| 8/8/2025 | Price change | $99,000-5.7%$47/sqft |
Source: | ||
| 6/3/2025 | Price change | $104,999-4.5%$50/sqft |
Source: | ||
| 5/7/2025 | Price change | $109,999-4.3%$52/sqft |
Source: | ||
| 3/20/2025 | Price change | $114,999-4.2%$55/sqft |
Source: | ||
| 1/31/2025 | Price change | $119,999-17.2%$57/sqft |
Source: | ||
| 1/2/2025 | Listed for sale | $145,000+206.9%$69/sqft |
Source: | ||
| 9/3/2002 | Sold | $47,251+89%$22/sqft |
Source: Public Record Report a problem | ||
| 2/27/2002 | Sold | $25,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $952 +57.6% | $58,800 +29.5% |
| 2023 | $604 -36.3% | $45,400 +52.9% |
| 2022 | $948 -17.1% | $29,700 -41.2% |
| 2021 | $1,144 | $50,500 +16.1% |
| 2020 | $1,144 | $43,500 |
| 2019 | $1,144 +12.2% | $43,500 +2.1% |
| 2018 | $1,020 -0.6% | $42,600 |
| 2017 | $1,026 +0.6% | $42,600 -18.1% |
| 2016 | $1,020 -18.8% | $52,000 -11% |
| 2015 | $1,256 -1.7% | $58,400 |
| 2014 | $1,278 -63.1% | $58,400 +7% |
| 2013 | $3,467 -0.5% | $54,600 -4% |
| 2012 | $3,484 +4.9% | $56,900 |
| 2011 | $3,322 +1.4% | $56,900 |
| 2010 | $3,276 | $56,900 |
| 2009 | $3,276 +4.7% | $56,900 +14% |
| 2008 | $3,130 +1% | $49,900 +9.7% |
| 2007 | $3,098 -10.9% | $45,500 |
| 2006 | $3,476 +0.7% | $45,500 |
| 2004 | $3,452 +167.3% | $45,500 +7.1% |
| 2003 | $1,292 -12.4% | $42,500 +8.1% |
| 2002 | $1,475 +57% | $39,300 |
| 2001 | $939 +4.6% | $39,300 +7.7% |
| 2000 | $898 | $36,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55792
Nearby schools
GreatSchools rating
- 6/10North Star ElementaryGrades: 3-6Distance: 0.3 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 2.8 mi
- NAParkview ElementaryGrades: PK-2Distance: 0.9 mi
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