12-Unit Apartment
For Sale
$975,000
575 Colonial Hill Dr, Bassett, VA 24055
MULTI_FAMILY - Bassett, VA
Property Size3,176 SF
Price / SF$306.99
Days on Market15
Property Features for 575 Colonial Hill Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Bassett
Standard status
Active
Size
3,176 SF
Building Details
Year built
1966
Floors in Building
1
Listing Agency:
EXP Realty LLC
(866) 825-7169
Listed By:
Micaela Hopkins
(434) 421-9027
Added: Jul 31
Last Checked: Aug 14 at 1:06PM
MLS# 150435
Copyright © 2026 Martinsville, Henry, Patrick Counties 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 multifamily portfolio comprises eight properties with 12 total residential units. The package includes one five-unit apartment building and seven single-family homes, offering a mix of apartment and detached residential accommodations. The reported property size is 3,176 square feet, and the apartment building was constructed in 1966.
Most units are currently tenant occupied. The properties are offered together as a package and are associated with addresses in Bassett, Virginia, including 575 Colonial Hill Dr. Parcel references are provided for the portfolio, and buyers and their agents are responsible for verifying property information.
Most units are currently tenant occupied. The properties are offered together as a package and are associated with addresses in Bassett, Virginia, including 575 Colonial Hill Dr. Parcel references are provided for the portfolio, and buyers and their agents are responsible for verifying property information.
Key Highlights
- Eight‑property multifamily package offered together
- 12 total residential units across the portfolio
- Includes one 5‑unit apartment building and seven single‑family homes
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 24055, VA
12,236
Population
6,273
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
80%
High-School Grad
86.6 sq mi
ZIP Area
141
Density / Sq Mi
$41,733
Median Household Income
$35,686
Median Earnings
$524
Median Rent
$113,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-property package combines an apartment building with single-family residences and existing tenant occupancy.
Where is this apartment building located?
The property is located at 575 Colonial Hill Dr Bassett, VA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Eight‑property multifamily package offered together; 12 total residential units across the portfolio; Includes one 5‑unit apartment building and seven single‑family homes
