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    Danville, VA
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    Danville, VA Multifamily Properties for Sale

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    Ringgold, VA Providence, NC Pelham, NC Blairs, VA Milton, NC Yanceyville, NC Blanch, NC Ruffin, NC
    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 48 Potential Opportunities for your consideration. Besides 1 Active listings in Danville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads, 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.

    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Two-story mixed-use property with ground-floor retail and seven residential units above, each with core in-unit appliances and heat.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Mixed-use property with street-level retail space and seven apartments above, each with in-unit appliances and heat pump comfort.

    View details
    Reidsville Grandfathered Downtown Apartments
    Reidsville Grandfathered Downtown Apartments

    101 S Scales Street, Reidsville, NC 27320

    $329,900
    9,271 sqft 0.21 AC lot

    Unique investment opportunity in revitalizing downtown Reidsville, North Carolina.

    View details
    Reidsville Four-Unit Investment Property
    Reidsville Four-Unit Investment Property

    105 N Franklin Street, Reidsville, NC 27320

    $184,900
    0.23 AC lot

    Four-unit property in Reidsville near downtown and major roadways.

    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.

    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

    Off-Market Properties in Danville, VA

    Consider similar Off-Market properties in Danville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    449 Gilbert Dr
    MOBILE HOME PARK, TRAILER PARK

    449 Gilbert Dr, Danville, VA 24540-5192

    Value Estimation by Request
    0.71 AC lot
    View details
    Gilbert Dr
    MOBILE HOME PARK, TRAILER PARK

    Gilbert Dr, Danville, VA 24540

    Value Estimation by Request
    1.73 AC lot
    View details
    135 Reuben Ct
    MOBILE HOME PARK, TRAILER PARK

    135 Reuben Ct, Danville, VA 24541-5096

    Value Estimation by Request
    5.98 AC lot
    View details
    1111 Main St
    BOARDING/ROOMING HOUSE

    1111 Main St, Danville, VA 24540-4433

    Value Estimation by Request
    3,087 sqft 0.38 AC lot
    View details
    180 Liberty Bell Ct
    MOBILE HOME PARK, TRAILER PARK

    180 Liberty Bell Ct, Danville, VA 24541-5466

    Value Estimation by Request
    6.38 AC lot
    View details
    553 Lands End Rd
    MOBILE HOME PARK, TRAILER PARK

    553 Lands End Rd, Danville, VA 24541-7231

    Value Estimation by Request
    19.05 AC lot
    View details
    180 Lamberth Dr
    MOBILE HOME PARK, TRAILER PARK

    180 Lamberth Dr, Danville, VA 24541-5460

    Value Estimation by Request
    4.31 AC lot
    View details
    134 Piney Frst Rd
    BOARDING/ROOMING HOUSE

    134 Piney Frst Rd, Danville, VA 24540-4191

    $2,375,000
    Estimated value
    32,377 sqft 1.49 AC lot
    View details
    260 Eastwood Dr
    MOBILE HOME PARK, TRAILER PARK

    260 Eastwood Dr, Danville, VA 24540-4948

    Value Estimation by Request
    9.16 AC lot
    View details
    231 Indian Vly Rd
    MOBILE HOME PARK, TRAILER PARK

    231 Indian Vly Rd, Danville, VA 24541-7123

    Value Estimation by Request
    2.49 AC lot
    View details
    230 Rocky Ln
    MOBILE HOME PARK, TRAILER PARK

    230 Rocky Ln, Danville, VA 24540-1570

    Value Estimation by Request
    1.42 AC lot
    View details
    313 Church St
    BOARDING/ROOMING HOUSE

    313 Church St, Danville, VA 24540

    Value Estimation by Request
    2,424 sqft 0.34 AC lot
    View details
    601 Main St
    BOARDING/ROOMING HOUSE

    601 Main St, Danville, VA 24541-1319

    $1,710,000
    Estimated value
    30,494 sqft 0.35 AC lot
    View details
    120 Old Piney Frst Rd
    MOBILE HOME PARK, TRAILER PARK

    120 Old Piney Frst Rd, Danville, VA 24540-2579

    Value Estimation by Request
    1,704 sqft 10.15 AC lot
    View details
    474 Greentree Rd
    MOBILE HOME PARK, TRAILER PARK

    474 Greentree Rd, Danville, VA 24541-6430

    Value Estimation by Request
    0.30 AC lot
    View details
    778 Halifax Rd
    MOBILE HOME PARK, TRAILER PARK

    778 Halifax Rd, Danville, VA 24540-4842

    Value Estimation by Request
    15.11 AC lot
    View details
    803 Main St
    BOARDING/ROOMING HOUSE

    803 Main St, Danville, VA 24540-4439

    Value Estimation by Request
    4,262 sqft 0.23 AC lot
    View details
    1020 Main St
    BOARDING/ROOMING HOUSE

    1020 Main St, Danville, VA 24541-1816

    Value Estimation by Request
    5,160 sqft 0.31 AC lot
    View details
    4374 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4374 Westover Dr, Danville, VA 24541-6853

    Value Estimation by Request
    1.31 AC lot
    View details
    4010 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4010 Westover Dr, Danville, VA 24541-6742

    Value Estimation by Request
    900 sqft 23.83 AC lot
    View details
    4015 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4015 Westover Dr, Danville, VA 24541-6743

    Value Estimation by Request
    2,046 sqft 9.95 AC lot
    View details
    Old Halifax Rd
    MOBILE HOME PARK, TRAILER PARK

    Old Halifax Rd, Danville, VA 24540

    Value Estimation by Request
    0.24 AC lot
    View details
    25 Old Halifax Rd
    MOBILE HOME PARK, TRAILER PARK

    25 Old Halifax Rd, Danville, VA 24540-4849

    Value Estimation by Request
    7.29 AC lot
    View details

    Danville, VA Multifamily Properties Market Trends and Statistics

    Explore 40 multifamily properties for sale in Danville, 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, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 60K
    Population Growth (5Y) +2.4%
    Median Household Income $48,191
    College Educated 13.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.77%
    Property Tax per SF $13.80 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Danville city

    New Delisted

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