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Duplex Property with Two Brick Homes
For Sale
$449,900

2351 Reese Mountain Rd, Elliston, VA 24087

MULTI_FAMILY - Elliston, VA

Property SizeContact for details
Lot Size7.20 Acres
Days on Market532

Property Features for 2351 Reese Mountain Rd

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Basement Full
Elementary school Eastern Montgomery
Middle school Shawsville
High school Eastern Montgomery
Directions From Interstate 81, take Exit #128, turn R on Reese Mountain Rd, Property on L, just over the RR tracks.
Subdivision 1000 - Montgomery County
Standard status Active
APN 015956
Lot size 7.20 Acres

Taxes and HOA fees

Tax Annual Amount 1923

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air
Water source Private

Amenities

tool shed
outdoor storage

Building Details

Year built 1966
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: LYONS TEAM, REALTORS(R)
Listed By: JODY LYONS · License #022508838
Added: Mar 8, 2025 Changed: Aug 2 Last Checked: Aug 22 at 3:06PM
MLS# 914987

Copyright © 2026 Roanoke Valley 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.

Duplex property on a private 7.2-acre parcel featuring two brick homes, both set up for residential use with additional space and amenities. The main home includes unfinished square footage, with hardwood floors, a whole-house generator, and an outdoor wood furnace. Construction materials include brick and vinyl siding, with heat pump and electric heating, plus central air.

The second brick home on the property supports rental income potential. The land is mostly fenced and includes a tool shed or outdoor storage area. A parcel borders the North Fork Roanoke River, and the property is positioned at the foot of the Fort Lewis Mountain range near major interstate access.

Utilities include private water service, and the homes include basement space.

Key Highlights

  • Two brick homes on a private 7.2‑acre parcel
  • Whole‑house generator plus outdoor wood furnace
  • Central air with heat pump and electric heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Restaurant Parking Lot & Garage

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

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 24087, VA

3,604
Population
1,911
Households
1.9
Avg Household Size
43
Median Age
12%
College-Educated
92%
High-School Grad
45.7 sq mi
ZIP Area
79
Density / Sq Mi
$42,631
Median Household Income
$36,398
Median Earnings
$1,044
Median Rent
$140,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex property with two brick homes, central air, a whole-house generator, and mostly fenced grounds.
Where is this duplex located?
The property is located at 2351 Reese Mountain Rd Elliston, VA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two brick homes on a private 7.2‑acre parcel; Whole‑house generator plus outdoor wood furnace; Central air with heat pump and electric heating
More about this property
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