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    Martinsville, VA
    Apartment Building

    Martinsville, VA Apartment Buildings for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Oaklevel, VA Bassett, VA Spencer, VA Axton, VA
    Renovated 8-Unit Apartment Building
    Updated: Oct 6
    Renovated 8-Unit Apartment Building

    1300 Spruce Street, Martinsville, VA 24112

    $649,000
    5,040 sqft
    Eight apartments: six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
    5,040 square feet; built in 1929
    Renovated apartment building with on‑site parking
    Separate water and electric meters for every apartment
    Rent includes garbage pickup
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Apartment Building for sale in Martinsville, VA. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property 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
    Two-Story Apartment Building
    Two-Story Apartment Building

    200 Moir Street, Eden, NC 27288

    Contact for pricing
    11,000 sqft  2-story  Built 1937

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

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

    544 Morgan Road, Eden, NC 27288

    Contact for pricing
    6,000 sqft  2 buildings  Renovated 2026  Multi-tenant

    Two-building property combines commercial storefronts with residential apartments and six occupied 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 2 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 apartment complexes 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.

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    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 $649K

    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)

    How Realmo verifies these figures

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    Popular Searches in Martinsville, VA

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    Most Searched ZIP Codes in Martinsville, VA

    • 24112

    Featured Martinsville Real Estate Agencies

    Realmo connects you with licensed Martinsville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berry-Elliott Realtors
    18 Starling Avenue Martinsville, VA 24112
    Phone: (276) 634-7657
    berryelliott.com/
    Southern Virginia Properties
    P.O. Box 3093 Martinsville, VA
    Phone: (276) 299-2166
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