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    Bassett, VA
    Multifamily

    Bassett, VA Multifamily Properties for Sale

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    Oaklevel, VA Fieldale, VA Stanleytown, VA Henry, 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

    $975,000
    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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Operating Grocery and Convenience Store
    Operating Grocery and Convenience Store

    7858 Fairystone Park Hwy, Bassett, VA 24055

    Contact for pricing

    Operating grocery and convenience store offered with equipment and included business inventory at closing.

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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.

    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft

    Mixed-use property on Rt. 58 with a convenience store and cafe area, gas station infrastructure, residential units, and a brick home.

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    Multifamily Property with Storage Units
    Multifamily Property with Storage Units

    29 Broad Street, Martinsville, VA 24112

    $575,000
    19,166 sqft

    Income-producing multifamily complex with 15 on-site storage units.

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    Riverfront Short-Term Rental Property
    Riverfront Short-Term Rental Property

    960 Riverview Road, Spencer, VA 24165

    $374,900
    10.25 AC lot

    Cabin and bathhouse support Airbnb and VRBO stays, while a large barn is being designed for event use.

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    14-Lot Mobile Home Community
    14-Lot Mobile Home Community

    7, Martinsville, VA 24112

    $250,000
    7.68 AC lot

    Manufactured housing property with three seller-owned homes and additional unoccupied lots.

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    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.

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    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 4,326 square feet of properties for sale, with an estimated market value of $1,573,000.

    Sale prices for multifamily properties in Bassett, VA start at $299,000, averaging $524,333, and reaching up to $975,000 — 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 $313.5K

    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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