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    Bassett, VA
    Multifamily

    Bassett, VA Multifamily Properties for Sale

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    Oaklevel, VA Stanleytown, VA Henry, VA Fieldale, VA Collinsville, VA Martinsville, VA Rocky Mount, VA Patrick Springs, VA
    12-Unit Apartment Portfolio
    Updated: Jul 31
    12-Unit Apartment Portfolio

    575 Colonial Hill Dr, Bassett, VA 24055

    $925,000
    3,176 sqft
    Eight‑property multifamily package offered together
    12 total residential units across the portfolio
    Includes one 5‑unit apartment building and seven single‑family homes
    3,176 square feet reported property size
    Most units are currently tenant occupied
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    House and Mobile Home Park
    Updated: Oct 14, 2025
    House and Mobile Home Park

    44 Joyful Lane, Bassett, VA 24055

    $299,000
    1,150 sqft
    House plus established mobile home park
    Stated cash flow of $3,330 per month (per seller and tax card; buyer to verify)
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    26-Lot Mobile Home Park
    26-Lot Mobile Home Park

    15 Spruce Pine Lane, Bassett, VA 24055

    $274,900
    373,744 sqft

    Tenant-owned homes occupy part of the park, which is served by public water and private septic systems.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    House and Mobile Home Park
    House and Mobile Home Park

    44 Joyful Lane, Bassett, VA 24055

    $299,000

    House and established mobile home park with monthly cash flow.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Bassett, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Adjacent Mixed-Use Buildings
    Adjacent Mixed-Use Buildings

    544 Morgan Road, Eden, NC 27288

    Contact for pricing
    6,000 sqft

    Two-building property combines commercial storefronts with residential apartments and six occupied units.

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    Two-Story Apartment Building
    Two-Story Apartment Building

    200 Moir Street, Eden, NC 27288

    Contact for pricing
    11,000 sqft

    Rezoned for multiple-unit use with authorization for as many as 20 residential units.

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    Updated Multifamily Property
    Updated Multifamily Property

    551 Dillard Street, Martinsville, VA 24112

    Contact for pricing

    Recent interior upgrades and utility improvements support rental readiness.

    View details
    Three-Unit Property with Porches
    Three-Unit Property with Porches

    310 Forest Street, Martinsville, VA 24112

    Contact for pricing

    Three-unit residential property with fireplaces, a porch, and individually noted interior features.

    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 with Small Building
    Commercial Land with Small Building

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    252 sqft 2.68 AC lot

    Commercial parcel with an existing small building and single bathroom.

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    Commercial Land Near Retail Anchor
    Commercial Land Near Retail Anchor

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    2.68 AC lot

    Commercial land along Morehead Avenue with potential for several small-business uses.

    View details

    Bassett, VA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Bassett, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 378,070 square feet of properties for sale, with an estimated market value of $1,797,900.

    Sale prices for multifamily properties in Bassett, VA start at $274,900, averaging $449,475, and reaching up to $925,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 3
    Apartment buildings 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -14.2%
    Median Household Income $41,733
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24055 $449.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.56%
    Property Tax per SF $26.34 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henry County

    New Delisted

    Total CRE Inventory on Market (SF)

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