Advertise
    Ararat, VA
    Multifamily

    Ararat, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Hillsville, VA Fancy Gap, VA Cana, VA Mount Airy, NC Laurel Fork, VA Randleman, NC Claudville, VA Westfield, NC
    Ararat Multifamily Investment Opportunity
    Updated: Jul 16, 2024
    Ararat Multifamily Investment Opportunity

    81-302 Duplex Lane, Ararat, VA 24053

    $1,650,000
    17,786 sqft 16.00 AC lot
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Opportunities in Nearby Cities

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

    Turn-Key Motorcoach in RV Park
    Turn-Key Motorcoach in RV Park

    48-2524 Edmonds Rd, Galax, VA 24333

    $174,000

    Back-in lot RV setup with stamped-concrete design, covered outdoor kitchen, and a fully furnished, move-in ready interior.

    View details
    RV Resort Camper Lot with Airstream
    RV Resort Camper Lot with Airstream

    63 Starview Lane lot: 22, Galax, VA 24333

    Contact for pricing
    0.18 AC lot

    A fenced RV resort lot with a 1973 Airstream camper, protective shed, and separate garage shed.

    View details
    Residential Income Duplex Property
    Residential Income Duplex Property

    3407 Salem Hwy, Stuart, VA 24171

    Contact for pricing

    Larger income building on a level lot with a rear apartment and potential owner financing.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    100 Buena Vista Avenue, Stuart, VA 24171

    Contact for pricing

    Five units are currently occupied by long-term tenants in a town setting near everyday amenities.

    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.

    Commercial Land in Ridgeway, VA
    Commercial Land in Ridgeway, VA

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    252 sqft 2.68 AC lot

    2.68 acres of land suitable for various businesses.

    View details
    Ridgeway, VA Land For Sale
    Ridgeway, VA Land For Sale

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    2.68 AC lot

    2.68 acres on Morehead Ave in Ridgeway, VA.

    View details
    Income-Generating Property on 8+ Acres
    Income-Generating Property on 8+ Acres

    134/190 Galilee Church Road, Wytheville, VA 24382

    $525,000
    8.29 AC lot

    8.29 acres with 10 mobile homes and 1 house.

    View details
    Residential Land Lot
    Residential Land Lot

    1104 Bruce Street, Winston-salem, NC 27107

    Contact for pricing
    0.10 AC lot

    MH-S zoned residential lot in Forsyth County, sold by online NCDOT auction with buyer-driven due diligence requirements.

    View details

    Ararat, VA Multifamily Properties Market Trends and Statistics

    Explore 1 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 average $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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24053 $905K

    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%

    Listings Trend

    New vs delisted commercial listings in Patrick County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Patrick County

    Retail

    Need Help?

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

    Contact Us

    Browse Multifamily properties for Sale Near Ararat, VA

    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!