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    Ararat, VA Multifamily Properties for Sale

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    Ararat Multifamily Investment Opportunity
    $1,650,000
    17,786 SF

    Ararat Multifamily Investment Opportunity

    81-302 Duplex Lane, Ararat, VA 24053

    Three homes and sixteen duplexes near Blue Ridge Elementary School.

    • Excellent investment opportunity with a mix of single‑family homes and duplexes.
    • Prime location near Mt. Airy, NC, Blue Ridge Elementary School, and Dan River Park.
    • 16 duplexes and 3 single family homes all including range, refrigerator, washer, and dryer.
    • Significant capital improvements made in 2020: new roofs, gutters, and updated heat pumps.
    • Property spans over 16 acres, allowing for future expansion.
    Updated: Jul 16, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ararat, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    House and Mobile Home Park
    $328,000
    0.00 Acres

    House and Mobile Home Park

    House and established mobile home park with monthly cash flow.

    44 Joyful Lane, Bassett, VA 24055
    View details
    Cash Flowing Rental Property
    $179,000
    0.14 Acres

    Cash Flowing Rental Property

    Updated duplex with proven cash flow, near Floyd and Hillsville.

    110 Merifield Road, Willis, VA 24380
    View details
    Mobile Home Park Investment Opportunity
    Contact for pricing

    Mobile Home Park Investment Opportunity

    8.5± acre mobile home park with 26 lots.

    15 Spruce Pine Ln, Bassett, VA 24055
    View details
    General Commercial
    $179,000
    2,088 SF

    General Commercial

    Duplexes · 2,088 SF

    110 Merifield Road, Willis, VA 24380
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Corner Lot in Fancy Gap
    Contact for pricing
    0.40 Acres

    Wooded Corner Lot in Fancy Gap

    Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

    Apache Trail lot: 8, Fancy Gap, VA 24328
    View details
    Affordable Cul-de-Sac Lot
    Contact for pricing
    1.23 Acres

    Affordable Cul-de-Sac Lot

    1.23 acre lot suitable for doublewide homes.

    Navajo Cir lot: 10A, Henry, VA 24102
    View details
    Olin, NC Acreage with RV
    $260,000
    8.50 Acres

    Olin, NC Acreage with RV

    8.5+ acre parcel with RV and workshop in Olin, NC.

    144 SPEAKS Road, Olin, NC 28660
    View details
    Cleared Lot in Quiet Setting
    $56,000
    0.62 Acres

    Cleared Lot in Quiet Setting

    0.62 acre lot in Olin, NC, with space and privacy.

    124 SPEAKS Road unit: 2, Olin, NC 28660
    View details

    Ararat, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Ararat, VA on our real estate platform. These investment opportunities span a total of 707,850 square feet of properties for sale, with an estimated market value of $1,849,000.

    Sale prices for multifamily properties in Ararat, VA start at $199,000, averaging $924,500, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Ararat, VA

    • 24053

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