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$419,900 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 10 Units
  • Updated 2 days ago

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This very well maintained 10-unit apartment complex in Virginia, Minnesota, presents an excellent investment opportunity for those looking for larger rental properties. The complex consists of three two-bedroom, one-bathroom units and seven one-bedroom, one-bathroom units, with several long-term tenants. Notably, the property has undergone a complete steam conversion, and the roof was last renovated in 2020. Furthermore, there's a coin-operated laundry facility on the lower level. The current apartment management company is willing to continue managing the property for the new owner.

Full Property Details for 602 7th St S

General

  • Price: $419,900
  • Status: Contingent
  • Type: Multi-Family
  • Source: 1404
  • MLS ID: 149905
  • Updated: 5/10/2026
  • Added to Site: 5 day(s) ago

Rental Information

  • Lease Terms: Month to Month, One Year Lease

Rooms

Other Rooms

  • Laundry: Extra Storage, Inside Utility, Washer/Dryer

Exterior

  • Exterior Features: Balcony

Parking

  • Parking: On Street Parking

Location

  • Area: Virginia

School Information

  • School District: Virginia

Heating & Cooling

  • Heating Type: Gas, Hot Water

Utilities

  • Utility Description: City Sewer, City Water, Gas

Structural Information

  • Exterior Const.: Steel
  • Basement Desc.: Block, Full
  • Roof: See Remarks
  • Upper: 3,300 Sq. Ft.
  • Lower: 2,880 Sq. Ft.
  • Main/1st Level: 3,300 Sq. Ft.
  • Above Ground: 6,600 Sq. Ft.
  • Finished Total: 7,176 Sq. Ft.
  • Basement Finished: 20%
  • Year Built: 1907

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Dimensions: 128 x 60
  • Zoning: Apt

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Disclosure Statement
  • Property ID: 090-0030-07305

Listed by Perrella & Associates

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Listing agent

— 602 7th St S —

  • Perrella & Associates

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Price & Sales History for 602 7th St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$419,900
-8.72%
MLS
12/23/2021
Sold
$460,000
—
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 602 7th St S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,226
38%
$399,100
165%
2024
$7,404
96%
$150,800
—
2023
$3,776
-6%
$150,800
—
2022
$4,000
-2%
$150,800
—
2020
$4,088
39%
$150,800
28%
2019
$2,948
1%
$117,400
—
2018
$2,930
1%
$117,400
—
2017
$2,890
10%
$117,400
—
2016
$2,634
-3%
$117,400
—
2015
$2,702
7%
$117,400
—
2014
$2,528
-11%
$117,400
—
2013
$2,844
—
$117,400
—
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 Perrella & Associates

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602 7th St S, Virginia, MN 55792 (MLS# 149905) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 602 7th St S is currently listed for $419,900 and was received on May 08, 2026. Want to learn more about 602 7th 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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