Building Details

Year built 1888

Number of units 5

Building materials Wood Siding

Listing Agency: EXP REALTY LLC - STAFFORD L***@exprealty.com Show Phone

Listed By: JILL DESAEGHER D RUFUS · License #0225249850 Show Phone

Added: Mar 27 Changed: Jun 10 Last Checked: Aug 5 at 8:06PM

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MLS# 925939

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income-producing multi-unit property is located in Bedford County and includes a triplex and two singlewide homes situated on two parcels. The triplex features three units. The upper-level unit is a fully remodeled 4-bedroom, 2-bathroom apartment that is currently vacant and has a strong rental potential of $1,600 to $1,800 per month. The lower level contains two occupied units: a 2-bedroom, 1-bathroom apartment rented for $1,100 per month, and a 2-bedroom, 1-bathroom side apartment rented for $1,400 per month. The two singlewide homes, each with 2 bedrooms and 2 bathrooms, have separate electric service and are currently rented for $1,450 and $1,000 per month, respectively. The property is serviced by one shared well and two septic systems. The current income does not reflect the potential income from the vacant 4-bedroom unit, offering an immediate upside for investors. The property has received preliminary approval for up to 75% commercial financing through Freedom First. All leases are in effect through July 31, 2026.

Key Highlights

• Income‑producing property: triplex and two singlewide homes on two parcels.
• Vacant, fully remodeled 4BR/2BA unit in triplex with strong rental potential ($1,600-$1,800/month).
• Current leases in place through 7/31/26 for all occupied units.

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 24122, VA

1,624

Population

687

Households

2.4

Avg Household Size

49

Median Age

19%

College-Educated

82%

High-School Grad

29.6 sq mi

ZIP Area

55

Density / Sq Mi

$65,238

Median Household Income

$42,376

Median Earnings

$189,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multi-unit property with income potential in Bedford County, Virginia.

Where is this multifamily property located?

The property is located at 1332 Goose Creek Valley Rd Montvale, VA.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Income‑producing property: triplex and two singlewide homes on two parcels.; Vacant, fully remodeled 4BR/2BA unit in triplex with strong rental potential ($1,600-$1,800/month).; Current leases in place through 7/31/26 for all occupied units.