Excellent investment opportunity in Virginia! This fully rented multifamily property offers strong income potential with three separate living spaces, including a 3 bedroom, 1.5 bath single-family home plus a detached 2-unit garage apartment featuring a 1 bedroom, 1 bath unit and a 2 bedroom, 1 bath unit. The main home was renovated in 2015 and features a newer roof installed in 2021. The garage apartment includes a roof from 2016 along with a newer furnace and water heater installed in 2021. Interior photos showcase the lower garage apartment following its end-of-2023 renovation. Great opportunity for investors seeking cash flow, rental income, or an addition to a multifamily portfolio in the Iron Range area. Conveniently located near local amenities.
Sold for $135,000
$135,000
205 5th St S, Virginia, MN 55792
6beds
4baths
2,782sqft
Triplex
Built in 1938
-- sqft lot
$135,200 Zestimate®
$49/sqft
$1,226 Estimated rent
Home value
$135,200
$128,000 - $142,000
$1,226/mo
Zestimate® history
Owner options
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$1,226/mo
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$1,226/mo
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$877/mo
Est. payment
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$877/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Riley Lind,
eXp Realty
Bought with:
NON-MEMBER
Source: Range AOR,MLS#: 149977
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Block
Interior area
- Total structure area: 3,508
- Total interior livable area: 2,782 sqft
- Finished area above ground: 2,782
Property
Features
- Waterfront features: 0 - None
Lot
- Size: 3,000 Square Feet
- Dimensions: 120 x 25
Details
- Parcel number: 090003001320
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1938
Community & HOA
Location
- Region: Virginia
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $140,200
- Annual tax amount: $3,678
- Date on market: 7/24/2026
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $135,000-10%$49/sqft |
Source: Range AOR #149977 Report a problem | ||
| 5/19/2026 | Listed for sale | $150,000+87.5%$54/sqft |
Source: Range AOR #149977 Report a problem | ||
| 4/17/2023 | Sold | $80,000-27.3%$29/sqft |
Source: Public Record Report a problem | ||
| 3/16/2023 | Contingent | $110,000$40/sqft |
Source: Range AOR #143298 Report a problem | ||
| 5/10/2022 | Listed for sale | $110,000+214.3%$40/sqft |
Source: Range AOR #143298 Report a problem | ||
| 1/17/2020 | Sold | $35,000$13/sqft |
Source: Public Record Report a problem | ||
| 10/4/2005 | Sold | $35,000+94.4%$13/sqft |
Source: Public Record Report a problem | ||
| 1/23/2004 | Sold | $18,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,678 +63.8% | $140,200 -1.2% |
| 2023 | $2,246 -11.2% | $141,900 +58.2% |
| 2022 | $2,528 +44.8% | $89,700 -5.9% |
| 2021 | $1,746 | $95,300 +17.2% |
| 2020 | $1,746 | $81,300 |
| 2019 | $1,746 +122.7% | $81,300 +102.2% |
| 2018 | $784 -0.5% | $40,200 |
| 2017 | $788 +0.5% | $40,200 -19% |
| 2016 | $784 -24% | $49,600 -11.4% |
| 2015 | $1,032 -2.3% | $56,000 |
| 2014 | $1,056 -6% | $56,000 |
| 2013 | $1,124 +0.7% | $56,000 -1.9% |
| 2012 | $1,116 +152.4% | $57,100 |
| 2011 | $442 -42.4% | $57,100 +26.3% |
| 2010 | $767 | $45,200 |
| 2009 | $767 +260.6% | $45,200 +36.6% |
| 2008 | $213 -54.9% | $33,100 +14.9% |
| 2007 | $472 +2.8% | $28,800 |
| 2006 | $459 +5.2% | $28,800 |
| 2004 | $436 +253.3% | $28,800 +1.1% |
| 2003 | $123 +7.2% | $28,500 +10% |
| 2002 | $115 +16.8% | $25,900 +4.9% |
| 2001 | $99 -2.3% | $24,700 |
| 2000 | $101 | $24,700 |
Find assessor info on the county website
Neighborhood: 55792
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Nearby schools
GreatSchools rating
- 6/10North Star ElementaryGrades: 3-6Distance: 0.3 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 2.7 mi
- NAParkview ElementaryGrades: PK-2Distance: 1 mi
Schools provided by the listing agent
- District: Virginia
Source: Range AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Saint Louis County
- Virginia
- 55792
- 205 5th St S
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