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    Danville County, VA Multifamily Properties for Sale

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    Six-Unit Apartment Property
    Updated: Jul 9
    Six-Unit Apartment Property

    2677-& 2689 Old Richmond Road, Danville, VA 24540

    $589,900
    5,312 sqft 0.95 AC lot
    Six total apartment units across two adjacent buildings
    All units are configured as 2BR/1.5BA apartments
    5,312 square feet on a 0.95‑acre site
    New roof, updated windows, and new HVAC systems within the last 5 years
    One shared water meter; landlord pays water, trash, and lawn care
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    This listing looks promising.

    Here's a quick look at some key insights for

    2677-& 2689 Old Richmond Road, Danville, VA 24540

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $463K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1971
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    Multifamily Development Parcel
    Updated: Apr 11
    Multifamily Development Parcel

    234 Jenny Ln, Danville, VA 24541

    Contact for pricing
    Development parcel in Flood Zone X
    Water and sewer provided by the City of Danville
    Preliminary site plan approval
    New Caesars Casino development about 5 miles away
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Danville County, VA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Residential Land in Prime Location
    Residential Land in Prime Location

    Main Street, Yanceyville, NC 27379

    Contact for pricing
    0.60 AC lot

    Land near shops, entertainment, Hyco Lake, and Reidsville.

    View details
    Roxboro Land with Owner Financing
    Roxboro Land with Owner Financing

    Northwood Court lot: 11-18, Roxboro, NC 27574

    $79,900
    8.76 AC lot

    8.84 acres near Roxboro, suitable for homesites and investment.

    View details
    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
    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.

    View details

    Danville County, VA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Danville County, VA on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $589,900.

    Sale prices for multifamily properties in Danville County, VA average $589,900 — 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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