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    Woodlawn, VA Fancy Gap, VA Galax, VA Austinville, VA Dugspur, VA Max Meadows, VA Cana, VA Laurel Fork, VA
    Two-Building Multifamily Investment
    Updated: Mar 7
    Two-Building Multifamily Investment

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft
    Two‑building multifamily investment at 522 & 516 N Main St, Hillsville, VA 24343
    Top floor includes 4 one‑bed and 2 two‑bed apartments described as fully rented
    Ground floor designed for retail leasing at Property 2
    Second floor framed for 3 two‑bed apartments, 1 one‑bed apartment, and a common laundry room
    Brick construction with metal roof; public water and public sewer
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Side-by-Side Multifamily Portfolio
    Side-by-Side Multifamily Portfolio

    1201 - 1217 Fairfax Street, Radford, VA 24141

    $1,600,000
    8,263 sqft 0.75 AC lot

    Five R-4 zoned homes with current rental income and walkability to Radford University.

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    R-4 Zoned Five-Home Portfolio
    R-4 Zoned Five-Home Portfolio

    1201-1217 Fairfax St Acc, Radford, VA 24141

    $1,600,000
    1,374 sqft 0.75 AC lot

    Five side-by-side homes under R-4 zoning currently generating about $12K/month near Radford University.

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    Glade Valley Commercial Property
    Glade Valley Commercial Property

    18, 40, 90 Glade Valley Church Road, Glade Valley, NC 28627

    $1,149,000
    10,390 sqft

    Commercial property with 14 rental units and US Post Office.

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    Glade Valley Investment Opportunity
    Glade Valley Investment Opportunity

    18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

    $1,149,000
    3.71 AC lot

    Commercial property with 14 rental units and post office.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Hillsville, VA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Hillsville, VA on our real estate platform. These investment opportunities span a total of 16,766 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for two-family homes in Hillsville, VA average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,942
    Population Growth (5Y) -8.7%
    Median Household Income $53,933
    College Educated 17.9%

    High-Yield Neighborhoods for Investment

    Identify Hillsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24343 $875K

    Taxes & Financing

    Tax Rate (average for all types) 0.59%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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