Apartment Building

Raven, VA Apartment Buildings for Sale

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Swords Creek, VA Doran, VA Oakwood, VA Jewell Ridge, VA Richlands, VA Cedar Bluff, VA Grundy, VA Honaker, VA
Mixed-Use Property with Garage
Updated: Jun 4
Mixed-Use Property with Garage

110 Redwood Drive, Raven, VA 24639

$275,000
3,616 sqft
3,616‑square‑foot mixed‑use property with commercial and residential components
Three‑bay automotive service garage exceeding 1,600 square feet, with storage
Seven rented residential units: six apartments plus one singlewide mobile home
Heated office and half bath included in the garage improvement
Public water and public sewer serve the property
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Multi-Use Garage and Rental Building
Updated: Jan 1, 2025
Multi-Use Garage and Rental Building

110 Redwood Drive, Raven, VA 24639

$275,000
3,616 sqft
Multi‑use building with 3‑bay commercial garage plus 7 residential rental units; all units currently rented
3‑bay garage was previously an auto repair garage and state inspection sticker station; much of the equipment remains
Garage is over 1,600 SF and includes heated office and a half bath; storage included
Residential units include six apartments (384 +/- SF of various sizes) plus a singlewide mobile home
All units are connected to public water and sewage
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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Raven, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Mixed-Use Property with Student Suites
Mixed-Use Property with Student Suites

1046 Terrace Drive, Marion, VA 243554

$850,000
8,250 sqft 0.69 AC lot

R3-zoned building combines residential suites with a separately configured health care office area.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

16619 Broad Street, Saint Paul, VA 24283

$525,000
10,000 sqft 0.20 AC lot

Combines occupied residential units with a substantial ground-floor commercial area and dedicated parking.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

16619 Broad St, Saint Paul, VA 24283

$525,000
10,000 sqft

Fully occupied residential level paired with adaptable ground-floor commercial space.

View details
Mixed-Use Student Housing Property
Mixed-Use Student Housing Property

1046 Terrace Drive, Marion, VA 24354

$850,000
8,250 sqft

Updated mixed-use property combines student accommodations with a leased health care office component.

View details

Off-Market Properties in Raven, VA

Consider similar Off-Market properties in Raven, 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.

235 Btm Rd
APARTMENT HOUSE (UNDER 5 UNITS)

235 Btm Rd, Raven, VA 24639-9658

$165,000
Estimated value
1,125 sqft
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200 Btm Rd
APARTMENT HOUSE (UNDER 5 UNITS)

200 Btm Rd, Raven, VA 24639-9657

$275,000
Estimated value
2,976 sqft 0.45 AC lot
View details

Raven, VA Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Raven, VA on our real estate platform. These investment opportunities span a total of 7,232 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for two-family homes in Raven, VA average $275,000 — 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 3,432
Population Growth (5Y) +10.6%
Median Household Income $43,380
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24639 $275K

Taxes & Financing

Tax Rate (average for all types) 0.49%
Property Tax per SF $7.96 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

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