Building Details

Buildings 2

Listing Agency: Short Way Real Estate Inc k***@gmail.com Show Phone

Listed By: Kaitlyn Short Show Phone

Source: Exprealty

Added: Jun 30 Changed: Jul 31 Last Checked: Jul 31 at 4:29PM

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Investment Insights

Based on property information with market context.

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

Current Use

Multifamily properties

Suggested Use

Top Pick Furniture & Home Goods

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

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

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 - 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