Three-House Multifamily
For Sale
$375,000
111-125 Library, Independence, VA 24348
Residential Income, Independence, VA
Property Size1,808 SF
Lot Size0.50 Acres
Price / SF$207.41
Days on Market49
Property Features for 111-125 Library
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Town
Bedrooms
10
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 8, Bedroom 9, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 10
Window features
Wood Frames
Fencing
Fenced
Appliances
Range, Refrigerator
Elementary school
Independence
Middle school
Grayson County
High school
Grayson County
Directions
from the stop light at the intersection of 58/21 at the red light in Independence, turn left go to the first road on the left and turn. Properties are on the left.
Subdivision
Independence
Standard status
Active
Size
1,808 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
491
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Oil, Space Heater
Water source
Public
Building Details
Year built
1950
Number of units
4
Flooring type
Carpet, Vinyl
Building materials
Block, Vinyl Siding, Dry Wall, Plaster
Roof type
Shingle
Listing Agency:
Tri-County Real Estate
(276) 773-3632
Listed By:
Dennis Harrington · License #0225058007
(276) 768-8800
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 6 at 4:06AM
MLS# 111118
Copyright © 2026 Southwest Virginia 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 property comprises three separate houses offered together at 111-125 Library Street in Independence. The portfolio includes two separate units at 111 Library Street, a four-bedroom, two-bath residence at 125 Library Street, and a two-bedroom, one-bath residence at 117 Library Street. The units are currently rented and are shown by appointment.
The property covers approximately 0.5 acres and includes 1,808 square feet of property size. Public water and public sewer serve the units, while natural gas is available. Improvements include block and vinyl siding construction, shingle roofing, fenced grounds, vinyl and carpet flooring, and oil or space-heater systems. The property was built in 1950 and is located behind the library, with the listed addresses along Library Street.
The property covers approximately 0.5 acres and includes 1,808 square feet of property size. Public water and public sewer serve the units, while natural gas is available. Improvements include block and vinyl siding construction, shingle roofing, fenced grounds, vinyl and carpet flooring, and oil or space-heater systems. The property was built in 1950 and is located behind the library, with the listed addresses along Library Street.
Key Highlights
- Three separate houses offered together at 111‑125 Library Street
- 111 Library Street includes 2 separate units
- 125 Library Street has 4 bedrooms and 2 baths
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 24348, VA
4,725
Population
2,414
Households
2
Avg Household Size
47
Median Age
14%
College-Educated
83%
High-School Grad
101.9 sq mi
ZIP Area
46
Density / Sq Mi
$42,408
Median Household Income
$36,195
Median Earnings
$621
Median Rent
$146,200
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?
Multifamily property - Rented residential units with public water, public sewer, and a fenced half-acre parcel in Independence.
Where is this multifamily property located?
The property is located at 111-125 Library Independence, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three separate houses offered together at 111‑125 Library Street; 111 Library Street includes 2 separate units; 125 Library Street has 4 bedrooms and 2 baths
