Apartment Building

Martinsville, VA Apartment Buildings for Sale

Notify Me
List
Map
Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA
8-Unit Renovated Apartment Building
Updated: Aug 6
8-Unit Renovated Apartment Building

1300 Spruce Street, Martinsville, VA 24112

$649,000
5,040 sqft 0.80 AC lot
8‑unit apartment building with six 2‑bedroom units and two 1‑bedroom units
All 8 units have 1 bath; water and electric are individually metered
Recently renovated 5,040‑square‑foot building on 0.801 acres
Built in 1929
On‑site parking included
View details
Updated Multifamily Property
Updated: Sep 15
Updated Multifamily Property

130 Falcon Road, Martinsville, VA 24112

Contact for pricing
Renovated kitchens with newer cabinetry, stainless steel appliances, and wood‑style countertops
Onsite laundry facility
Updated residential interiors with modern finishes
Updated flooring throughout portions of the property
Spacious bedrooms with modern finishes
View details
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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

201 S Main Street, Gretna, VA 24557

$399,900
10,004 sqft 0.26 AC lot

Street-level retail space accompanies seven residential units in a two-story building.

View details
Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

201 S Main Street, Gretna, VA 24557

$399,900
10,004 sqft 0.26 AC lot

Ground-floor retail space is paired with seven residential units, including efficiencies and a one-bedroom apartment.

View details
Adjacent Mixed-Use Buildings
Adjacent Mixed-Use Buildings

544 Morgan Road, Eden, NC 27288

Contact for pricing
6,000 sqft

Two-building property combines commercial storefronts with residential apartments and six occupied units.

View details
Two-Story Apartment Building
Two-Story Apartment Building

200 Moir Street, Eden, NC 27288

Contact for pricing
11,000 sqft

Rezoned for multiple-unit use with authorization for as many as 20 residential units.

View details

Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

721 Snow Crk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

721 Snow Crk Rd, Martinsville, VA 24112-8610

Estimated value:
$240,000
1,664 sqft 1.01 AC lot
View details

Martinsville, VA Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 5,040 square feet of properties for sale, with an estimated market value of $649,000.

Sale prices for two-family homes in Martinsville, VA average $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 31K
Population Growth (5Y) +4.5%
Median Household Income $47,059
College Educated 6.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24112 $612K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $11.16 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings