Add Listing
    Ararat, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Ararat, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Cana, VA Claudville, VA Hillsville, VA
    Remodeled Home in Kibler Valley
    $184,900
    0.25 Acres

    Remodeled Home in Kibler Valley

    5037 Kibler Valley Rd, Ararat, VA 24053

    Turn-key home near Dan River, ideal for vacation rental.

    • Direct access to the Dan River, renowned for trout fishing and water recreation (canoeing, kayaking, tubing).
    • Turn‑key property: Fully furnished and ready for immediate use as a residence, vacation getaway, or rental property.
    • Completely remodeled with new kitchen appliances, granite countertops, updated bathroom with walk‑in tile shower, new flooring, and fresh paint.
    • Potential for rental income and possible tax advantages as a vacation rental property.
    • Large screened porch with scenic mountain views and the sound of the Dan River.
    Updated: Mar 5
    View details
    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
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Opportunities in Nearby Cities

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

    Bassett, VA Mobile Home Park
    $289,000
    8.58 Acres

    Bassett, VA Mobile Home Park

    Mobile home park with 26 lots near Philpott Dam.

    15 Spruce Pine Lane, Bassett, VA 24055
    View details
    Mobile Home Park Investment Opportunity
    Contact for pricing
    8.58 Acres

    Mobile Home Park Investment Opportunity

    8.5± acre mobile home park with 26 lots.

    15 Spruce Pine Ln, Bassett, VA 24055
    View details
    Remodeled Duplex in Willis, VA
    $189,000

    Remodeled Duplex in Willis, VA

    Remodeled duplex with two units in Willis, Virginia.

    5656 Floyd Highway, Willis, VA 24380
    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
    Unrestricted Land Parcel in Surry
    Contact for pricing
    2.13 Acres

    Unrestricted Land Parcel in Surry

    2.13 acre unrestricted land parcel in Surry County, NC.

    00 E Pine Street, Mount Airy, NC 27030
    View details
    Getaway Near Blue Ridge Parkway
    $38,900
    0.20 Acres

    Getaway Near Blue Ridge Parkway

    RV and bunk house near Blue Ridge Parkway and Music Center.

    4 Starview Ln. lot: 6, Galax, VA 24333
    View details
    Commercial Land in Ridgeway, VA
    $188,000
    252 SF

    Commercial Land in Ridgeway, VA

    2.68 acres of land suitable for various businesses.

    342 Morehead Avenue, Ridgeway, VA 24148
    View details

    Ararat, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Ararat, VA on our real estate platform. These investment opportunities span a total of 17,786 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for multifamily properties in Ararat, VA start at $1,650,000, averaging $1,650,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 2,461
    Population Growth (5Y) -8.8%
    Median Household Income $52,173
    College Educated 14.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ararat submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24053 $924.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.72%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Ararat, VA

    Popular Categories

    Most Searched ZIP Codes in Ararat, VA

    • 24053

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!