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$150,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • Updated 9 days ago

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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.

Full Property Details for 205 5th St S

General

  • Price: $150,000
  • Status: Active
  • Type: Multi-Family
  • Source: 1404
  • MLS ID: 149977
  • Updated: 5/19/2026
  • Added to Site: 10 day(s) ago

Location

  • Area: Virginia

School Information

  • School District: Virginia

Heating & Cooling

  • Heating Type: Gas

Structural Information

  • Exterior Const.: Vinyl
  • Basement Desc.: Block
  • Roof: Shingle
  • Upper: 782 Sq. Ft.
  • Lower: 726 Sq. Ft.
  • Main/1st Level: 2,000 Sq. Ft.
  • Above Ground: 2,782 Sq. Ft.
  • Finished Total: 2,782 Sq. Ft.
  • Basement Finished: 0%
  • Year Built: 1938

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Bedrooms: -

Lot Features

  • Lot Dimensions: 120 x 25
  • Zoning: RES

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 090-0030-01320

Listed by eXp Realty

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— 205 5th St S —

  • eXp Realty

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NMLS#: 1598647

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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 205 5th St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$150,000
87.5%
MLS
4/10/2023
Sold
$80,000
—
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 205 5th St S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,076
-16%
$140,200
56%
2024
$3,678
64%
$89,700
-6%
2023
$2,246
-11%
$95,300
17%
2022
$2,528
45%
$81,300
—
2020
$1,746
122%
$81,300
102%
2019
$788
1%
$40,200
—
2018
$784
-24%
$40,200
-19%
2017
$1,032
-2%
$49,600
-11%
2016
$1,056
-1%
$56,000
—
2015
$1,066
7%
$56,000
—
2014
$998
-11%
$56,000
—
2013
$1,124
—
$56,000
—
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 eXp Realty

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Recent Sales near 205 5th St S

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802 6th St S, Virginia, MN 55792 - Photo 1 Sold
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802 6th St S  Virginia, MN 55792

  • Single Family
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  • 3
    Beds
  • 2
    Total Baths
  • 1,473
    Sq. Ft.
Listed by My Place Realty, Inc.
Sold by Culbert Realty, Inc.
802 6th St S, Virginia, MN 55792 - Photo 1 Sold
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  • Single Family
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    Beds
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    Total Baths
  • 1,473
    Sq. Ft.
Listed by My Place Realty, Inc.
Sold by Non-MLS
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205 5th St S, Virginia, MN 55792 (MLS# 149977) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 205 5th St S is currently listed for $150,000 and was received on May 19, 2026. Want to learn more about 205 5th St S? 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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