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    Danville County, VA Multifamily Properties for Sale

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    Six-Unit Multi-Family with Updates
    Updated: Jul 9
    Six-Unit Multi-Family with Updates

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

    $599,900
    5,312 sqft 0.95 AC lot
    Two adjacent multifamily properties: 2677 & 2689 Old Richmond Rd, totaling 6 units
    2677 Old Richmond Rd features 2 units: 2BR/2BA and 2BR/1BA
    2689 Old Richmond Rd features 4 units: three 2BR/1.5BA and one 2BR/1BA
    Recent updates: new roof, updated windows, and new HVAC systems within the last 5 years
    Utilities: units share one water meter; landlord pays water, trash, and lawn care; tenants pay electric
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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

      5.4%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $463K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1971
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

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    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
    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
    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

    Danville County, VA Multifamily Properties Market Trends and Statistics

    Explore 1 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 $599,900.

    Sale prices for multifamily properties in Danville County, VA start at $599,900, averaging $599,900, and reaching up to $599,900 — 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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