Exceptional three unit investment opportunity in Virginia! This property includes a large, well-maintained duplex and a detached, 2-stall heated garage, with a great 2-bedroom, 1-bathroom apartment above! The duplex features two, 2-bedroom, 1-full bathroom units, both with 3 season porches to expand the living area! Spacious bedrooms, open concept kitchens, beautiful hardwood floors, and a new roof in 2022. This duplex is fully occupied and ready for its new owner. Electric is separately metered. The garage apartment has all separate utilities, updated electric, and is currently vacant, allowing a new owner-occupant to save massively on living expenses! All of this on a great lot, with a full basement, newer gas boilers and water heaters as well as additional off-street parking from the alley. Enjoy economies of scale with these 3 units and increase your portfolios cashflow today!
Sold for $125,000 on 09/03/24
$125,000
512 8th St S, Virginia, MN 55792
6beds
3baths
1,892sqft
Condominium
Built in 1910
-- sqft lot
$-- Zestimate®
$66/sqft
$1,439 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,439/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 02, 2025 at 11:07am
Listed by:
Nick Burns 715-781-1074,
Coldwell Banker Realty - Duluth
Bought with:
Chad Watczak, MN 40400826|WI 88752-94
Edina Realty, Inc. - Duluth
Source: Lake Superior Area Realtors,MLS#: 6114583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Radiant, Natural Gas
Features
- Basement: Full
Interior area
- Total interior livable area: 1,892 sqft
- Finished area above ground: 1,892
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Apartment, Bathroom, Bedroom, Heat, Insultation, Plumbing, Electrical Service
- Garage spaces: 2
Lot
- Size: 6,098 sqft
- Dimensions: 50 x 120
Details
- Foundation area: 946
- Parcel number: 090003007760
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Metal, Frame/Wood
- Foundation: Rock
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1910
Utilities & green energy
- Electric: Virginia Public Utilities
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Virginia
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Sold | $125,000-5.9%$66/sqft |
Source:  Lake Superior Area Realtors #6114583 | ||
| 7/10/2024 | Pending sale | $132,900$70/sqft |
Source: Lake Superior Area Realtors #6114583 | ||
| 6/28/2024 | Listed for sale | $132,900+66.1%$70/sqft |
Source: Lake Superior Area Realtors #6114583 | ||
| 10/16/2020 | Sold | $80,000-5.9%$42/sqft |
Source: Lake Superior Area Realtors #6092355 | ||
| 9/14/2020 | Pending sale | $85,000$45/sqft |
Source: Laurentian Realty #6092355 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,872 +12.4% | $130,500 +17.8% |
| 2023 | $2,556 +22.2% | $110,800 +8.5% |
| 2022 | $2,092 -11.1% | $102,100 +29.4% |
Find assessor info on the county website
Neighborhood: 55792
Nearby schools
GreatSchools rating
- NAVirginia School District (Esy)Grades: K-12Distance: 0.3 mi
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