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Palmyra, VA Apartment Buildings for Sale

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8-Unit Apartment Building
Updated: Apr 10
8-Unit Apartment Building

44 Fawn Lake Lane, Palmyra, VA 22963

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7.28 AC lot
8‑unit apartment property with 8 two‑bedroom, two‑bath units
Each unit offers 800 SF; property built in 1978
Renovations completed in 2010 with updated features in each unit
Fawn Lake Apartments on 7.28 acres just outside the town of Fork Union, VA
Location sits about halfway between Charlottesville and Richmond and minutes south of Lake Monticello
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Palmyra, 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.

5-Unit Apartment Building
5-Unit Apartment Building

635 Weaver Way, Placerville, CA 95667

$985,000
2,900 sqft

Five two-bedroom residences offer private yards, individual garages, and washer/dryer hookups.

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Mixed-Use Redevelopment With Flagship Hotel
Mixed-Use Redevelopment With Flagship Hotel

6630 W Broad St, Richmond, VA 23230

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200,000 sqft 46.00 AC lot

Mixed-use redevelopment campus with planned flagship hotel, office, retail, and multifamily, with site work beginning Q4 2025.

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Five-Unit Apartment Building
Five-Unit Apartment Building

635 WEAVER Way, Placerville, CA 95667

$995,000

Well-maintained five-unit building with fenced yards, garages, and in-unit washer/dryer setups.

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Garden-Style Apartment Building
Garden-Style Apartment Building

101 Tempsford Ln, Richmond, VA 23226

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1.00 AC lot

1940s multifamily property with 10 two-bedroom units and onsite parking, built with a distinctive International Style facade.

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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.

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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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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Palmyra, VA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Palmyra, VA on our real estate platform.

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Demographics Overview

Population 17K
Population Growth (5Y) +4.8%
Median Household Income $100,761
College Educated 60.3%

Taxes & Financing

Tax Rate (average for all types) 0.84%
Property Tax per SF $21.22 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fluvanna County

New Delisted

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