Multifamily

Forest, VA Multifamily Properties for Sale

Notify Me
List
Map
Lynchburg, VA Evington, VA Goode, VA Rustburg, VA Madison Heights, VA Bedford, VA Monroe, VA Amherst, VA
Two-Unit Duplex with Updated HVAC
Updated: Jul 15
Two-Unit Duplex with Updated HVAC

289 Independence Circle, Forest, VA 24551

$265,000
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
View details
Multifamily Property
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
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Furnished 2-Unit Duplex
Furnished 2-Unit Duplex

121 Northwynd Circle, Lynchburg, VA 24502

$554,900
3,516 sqft 0.06 AC lot

Two furnished residences with established rental use, off-street parking, and convenient access to restaurants, coffee shops, salons, and spas.

View details
Brick Side-by-Side Duplex
Brick Side-by-Side Duplex

85 Deer Creek Drive, Lynchburg, VA 24502

$289,900
1,792 sqft 0.51 AC lot

Separate electric meters, driveways, and laundry appliances support independent operation for both residences.

View details
Furnished Duplex Near Amenities
Furnished Duplex Near Amenities

121 Northwynd Cir, Lynchburg, VA 24502

$559,900
3,516 sqft

Two furnished units with established rental use in the Wyndhurst community.

View details
Wyndhurst Residential Investment Property
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.

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.

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.

View details
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.

View details

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 $550,000.

Sale prices for multifamily properties in Forest, VA start at $265,000, averaging $275,000, and reaching up to $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.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 28K
Population Growth (5Y) +11.0%
Median Household Income $91,119
College Educated 66.0%

High-Yield Neighborhoods for Investment

Identify Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24551 $285K

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $19.15 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bedford County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved