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$290,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 19 hours ago

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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.

Full Property Details for 1208 S 2nd Ave W

General

  • Price: $290,000
  • Status: Active
  • Type: Multi-Family
  • Source: 1404
  • MLS ID: 150593
  • Updated: 8/27/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Lease Terms: One Year Lease

Rooms

Other Rooms

  • Laundry: Washer/Dryer

Parking

  • Parking: Off Site Parking, On Street Parking

Location

  • Area: Virginia

School Information

  • School District: Virginia

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric

Utilities

  • Utility Description: City Sewer, City Water

Structural Information

  • Exterior Const.: Hard Board, Shingles, Wood
  • Basement Desc.: Rock
  • Roof: Shingle
  • Upper: 2,304 Sq. Ft.
  • Lower: 1,652 Sq. Ft.
  • Main/1st Level: 1,652 Sq. Ft.
  • Above Ground: 3,956 Sq. Ft.
  • Finished Total: 3,956 Sq. Ft.
  • Basement Finished: 0%
  • Year Built: 1908

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Dimensions: 37.5 x 120
  • Zoning: Res

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Disclosure Statement, Public Utility Cost
  • Property ID: 090-0060-02890

Listed by Johnson Hometown Realty

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— 1208 S 2nd Ave W —

  • Johnson Hometown Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 1208 S 2nd Ave W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$290,000
48.72%
MLS
10/07/2022
Sold
$195,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1208 S 2nd Ave W

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,124
—
$52,000
104%
2026
$1,124
56%
$25,500
-3%
2023
$720
—
$26,400
-5%
2023
$720
-10%
$27,800
15%
2022
$798
26%
$24,100
—
2020
$634
-32%
$24,100
-38%
2019
$930
1%
$38,600
—
2018
$924
1%
$38,600
—
2017
$912
10%
$38,600
—
2016
$826
-1%
$38,600
—
2015
$834
7%
$38,600
—
2014
$778
-12%
$38,600
—
2013
$882
—
$38,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Johnson Hometown Realty

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Recent Sales near 1208 S 2nd Ave W

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405 7th St S, Virginia, MN 55792 - Photo 1 Sold
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1208 S 2nd Ave W, Virginia, MN 55792 (MLS# 150593) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1208 S 2nd Ave W is currently listed for $290,000 and was received on August 25, 2026. Want to learn more about 1208 S 2nd Ave W? Do you have questions about finding other Multi-Family real estate for sale in Virginia? You can browse all Virginia real estate or contact a Coldwell Banker agent to request more information.

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