Furnished
For Sale
$219,000
1165 N Independence Ave, Independence, VA 24348
Residential Income, Independence, VA
Property Size3,181 SF
Lot Size0.48 Acres
Price / SF$68.85
Days on Market220
Property Features for 1165 N Independence Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RES
Bedrooms
6
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4
Window features
Insulated Windows, Vinyl Frames
Interior features
Paneling
Fencing
Fenced
Basement
Crawl Space
Appliances
Range, Refrigerator, Electric Water Heater
Elementary school
Independence
Middle school
Independence
High school
Grayson County
Directions
From intersection of US-21 N/N Independence Ave & US-58 W/Main St. Head north on US-21, approximately 2 miles, property on right.
Subdivision
Grayson County
Standard status
Active
Size
3,181 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
755
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating), Baseboard, Ductless (Heating), Space Heater, Electric (Heating), Heat Pump (Heating)
Cooling system
Wall/Window Unit(s), Ductless, Zoned, Window Unit(s), Central Air, Electric
Water source
Public
Building Details
Year built
1940
Number of units
3
Flooring type
Vinyl, Plank
Building materials
Vinyl Siding, Dry Wall
Roof type
Shingle, Metal
Additional Structures
Outbuilding
Listing Agency:
BHHS- Mountain Sky Properties-Hillsville
(276) 728-9500
Listed By:
Joseph Dixon · License #0225246102
(276) 237-0775
Added: Jan 13
Changed: Aug 20
Last Checked: Aug 21 at 10:06PM
MLS# 104564
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 3,181-square-foot triplex contains three furnished apartments, each configured with two bedrooms and one bathroom. Unit features include ranges and refrigerators, while interior finishes include vinyl and plank flooring. The property has a mix of heating and cooling systems, including central air, ductless equipment, heat pumps, baseboard heat, and electric water heating. A newer roof serves the building, and individual unit improvements include a new mini split in one apartment and a recently added heat pump in another.
Set on 0.48 acres at 1165 N Independence Ave in Independence, Virginia, the property is located less than three minutes from town. Local hardware stores, shopping, and dining are nearby. Public water and public sewer serve the property, which is zoned RES. Additional site features include fencing, vinyl siding, drywall, and a combination shingle and metal roof. The building was constructed in 1940.
Set on 0.48 acres at 1165 N Independence Ave in Independence, Virginia, the property is located less than three minutes from town. Local hardware stores, shopping, and dining are nearby. Public water and public sewer serve the property, which is zoned RES. Additional site features include fencing, vinyl siding, drywall, and a combination shingle and metal roof. The building was constructed in 1940.
Key Highlights
- Three furnished apartments, each with 2 bedrooms and 1 bathroom
- 3,181 square feet on 0.48 acres
- New mini split in Unit A and recently added heat pump in Unit C
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
9
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?
Triplex - Three furnished two-bedroom units include ranges and refrigerators, with public water and sewer serving the property.
Where is this triplex located?
The property is located at 1165 N Independence Ave Independence, VA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Three furnished apartments, each with 2 bedrooms and 1 bathroom; 3,181 square feet on 0.48 acres; New mini split in Unit A and recently added heat pump in Unit C
