Forest, VA Multifamily properties for sale

Updated: Jul 15

Two-Unit Duplex with Updated HVAC

289 Independence Circle, Forest, VA 24551

$285,000

1,850 sqft 0.46 AC lot

Two‑unit duplex with 1,850 square feet on a 0.459‑acre lot
Unit A lease runs through February 1, 2027; Unit B lease runs through September 30, 2026
Established occupants with approximately 24 and 15 years of tenancy
Roof replaced by Cenvar in August 2015
Unit A HVAC replaced in 2018 and Unit B HVAC replaced in 2019

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Updated: Jul 18

Multifamily Property

289 Independence Circle, Forest, VA 24551

$285,000

1,850 sqft

Multifamily property at 289 Independence Circle, Forest, VA 24551
1,850 recorded property size
Built in 1979
Offered for sale

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Forest, 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.

Brick Side-by-Side Duplex

85 Deer Creek Drive, Lynchburg, VA 24502

$299,900

1,792 sqft 0.51 AC lot

Two leased residences provide separate utilities, driveways, and main-level living with updated finishes and appliances.

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Multifamily Property

245 Deer Creek Drive, Lynchburg, VA 24502

$279,000

1,664 sqft

Established multifamily property constructed in 1981.

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Multifamily Property

201 Deer Creek Drive, Lynchburg, VA 24502

$289,000

2,046 sqft

Multifamily asset constructed in 1981 at a Lynchburg address.

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Wyndhurst Residential Investment Property

736 Wyndhurst Dr, Lynchburg, VA 24502

Contact for pricing

2,142 sqft

Two-level residential property with finished basement in Wyndhurst.

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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.

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

3B Mohawk, Gladys, VA 24554

Contact for pricing

2.00 AC lot

Two-acre lot suitable for various residential builds.

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Forest, VA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Forest, VA on our real estate platform. These investment opportunities span a total of 3,700 square feet of properties for sale, with an estimated market value of $570,000.

Sale prices for multifamily properties in Forest, VA average $285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
24551	$285K

Neighborhood

Average Price

24551

$285K

Featured Forest Real Estate Agencies

Realmo connects you with licensed Forest CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Hopkins Real Estate Group

15421-C Forest Rd Forest, VA 24551

Phone: 14344447136

Forest, VA Multifamily Properties for Sale

289 Independence Circle, Forest, VA 24551

289 Independence Circle, Forest, VA 24551