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    Ferrum, VA
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    Ferrum, VA Multifamily Properties for Sale

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    Rocky Mount, VA Henry, VA Callaway, VA Copper Hill, VA Floyd, VA Boones Mill, VA Bassett, VA Stuart, VA
    Historic Schoolhouse Building
    Updated: Feb 27, 2025
    Historic Schoolhouse Building

    9600 Franklin Street, Ferrum, VA 24088

    $195,000
    71,002 sqft 1.63 AC lot
    1920s solid brick schoolhouse on 1.63 acres with 12,224 SF building area
    No zoning listed—potential for commercial, multi‑family, or residential use
    Public water and sewer connection available
    Electric service available
    Structure sold as‑is
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Ferrum, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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-Unit Property with Garage Apartment
    Two-Unit Property with Garage Apartment

    114 W CHURCH St, Rocky Mount, VA 24151

    $399,999
    0.35 AC lot

    Main home with 3 bedrooms and full basement plus a detached two-car garage with a 2-bedroom apartment above.

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    Duplex with Detached Garage Apartment
    Duplex with Detached Garage Apartment

    114 W CHURCH St, Rocky Mount, VA 24151

    $399,999
    0.35 AC lot

    Main residence with 3 beds and detached garage apartment above with 2 beds; public water and sewer.

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    House and Mobile Home Park
    House and Mobile Home Park

    44 Joyful Lane, Bassett, VA 24055

    $328,000

    House and established mobile home park with monthly cash flow.

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    Versatile Industrial Building
    Versatile Industrial Building

    1770 Crestview Dr, Bassett, VA 24055

    Contact for pricing

    Industrial building previously contemplated for meat processing, with potential for alternative uses including apartments.

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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 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.

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    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.

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    Altavista Land For Sale
    Altavista Land For Sale

    0-Tract 7 Dearing Ford Road, Altavista, VA 24517

    $39,900
    1.31 AC lot

    1.31 acre multi-family zoned land near Altavista shopping.

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    Land in Gladys, Virginia
    Land in Gladys, Virginia

    3B Mohawk, Gladys, VA 24554

    Contact for pricing
    2.00 AC lot

    Two-acre lot suitable for various residential builds.

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    Off-Market Properties in Ferrum, VA

    Consider similar Off-Market properties in Ferrum, 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.

    9565 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)

    9565 Franklin St, Ferrum, VA 24088-4423

    Value Estimation by Request
    1,536 sqft 0.38 AC lot
    View details
    289 Nolens Hl Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    289 Nolens Hl Rd, Ferrum, VA 24088

    Value Estimation by Request
    2,856 sqft 0.86 AC lot
    View details

    Ferrum, VA Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Ferrum, VA on our real estate platform. These investment opportunities span a total of 71,002 square feet of properties for sale, with an estimated market value of $195,000.

    Sale prices for multifamily properties in Ferrum, VA average $195,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 4,999
    Population Growth (5Y) -0.5%
    Median Household Income $39,905
    College Educated 23.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

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