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Multifamily Property With Two Homes
For Sale
$699,900

148/158 Vaughns Mill Rd, Indian Valley, VA 24105

Two updated residences on a five-acre property offer flexible space for multi-generational living or rental use.

Property Size5,327 SF
Lot Size5.00 Acres
Price / SF$131.39
Days on Market127

Property Features for 148/158 Vaughns Mill Rd

General Information

Standard status Active
Size 5,327 SF
Lot size 5.00 Acres
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,943

Building Details

Buildings 2
Listing Agency: Short Way Real Estate Inc
Listed By: Kaitlyn Short
Source: Exprealty
Added: Jun 30 Changed: Oct 26 Last Checked: Nov 3 at 10:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Short Way Real Estate Inc

Rey
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Investment Insights

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This multifamily property includes two residences on 5 acres in Indian Valley. The main home features 5 bedrooms and 3 bathrooms, including a primary suite on the main level, along with an additional living room upstairs. An updated kitchen, newer flooring throughout, screened-in back porch, and fenced backyard add practical living features. The second residence is a 5-bedroom, 3-bath doublewide with a renovated kitchen, newer flooring throughout, and updated windows. Both homes are equipped with heat pumps for year-round comfort.

Located at 148/158 Vaughns Mill Rd in Indian Valley, VA, the property includes mountain views and offers separate residential structures within a single multifamily setting. The two-home configuration provides space for extended living arrangements, additional household needs, or rental use as described in the property information.

Key Highlights

  • Two residences situated on 5 acres in Indian Valley
  • Main home includes 5 bedrooms, 3 bathrooms, and an upstairs living room
  • Second home is a 5‑bedroom, 3‑bath doublewide

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 24105, VA

449
Population
225
Households
2
Avg Household Size
45
Median Age
9%
College-Educated
90%
High-School Grad
20.3 sq mi
ZIP Area
22
Density / Sq Mi
$74,891
Median Household Income
$182,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two updated residences on a five-acre property offer flexible space for multi-generational living or rental use.
Where is this multifamily property located?
The property is located at 148/158 Vaughns Mill Rd Indian Valley, VA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two residences situated on 5 acres in Indian Valley; Main home includes 5 bedrooms, 3 bathrooms, and an upstairs living room; Second home is a 5‑bedroom, 3‑bath doublewide
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