Multifamily

Fries, VA Multifamily Properties for Sale

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Galax, VA Woodlawn, VA Independence, VA Elk Creek, VA Austinville, VA Ivanhoe, VA Max Meadows, VA Ennice, NC
Riverfront Short-Term Rental
Updated: Sep 23
Riverfront Short-Term Rental

472 West Main Street, Fries, VA 24330

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Five‑bedroom, 4.5‑bath row home configured to sleep 14
Currently operated as a vacation rental
Four upstairs bedrooms have en‑suite bathrooms
Main‑level bedroom can also function as an office
Kitchen island seats four, with a large dining table
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fries, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

6-Unit Townhome-Style Apartment Property
6-Unit Townhome-Style Apartment Property

308 Armory Road, Galax, VA 24333

$650,000
7,344 sqft 0.75 AC lot

Three duplex-style buildings offer basement space in every residence and a mix of updated interiors.

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8-Unit Apartment Building with Garages
8-Unit Apartment Building with Garages

308 Armory Road, Galax, VA 24333

$900,000
9,792 sqft 1.30 AC lot

Four duplex-style townhomes offer basement storage, residential amenities, and a practical multifamily configuration.

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Apartment Building with Historic Features
Apartment Building with Historic Features

765 Water Wheel Road, Galax, VA 24333

$550,000
2,788 sqft 3.30 AC lot

Efficiency apartments with shared laundry, accessible design elements, and separate historic structures on a wooded stream property.

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8-Unit Apartment Building
8-Unit Apartment Building

308 Armory Rd, Galax, VA 24333

$900,000
9,792 sqft

Duplex-style townhome complex with full basements and private garages in Galax.

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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.

Mobile Home Park with Existing Homes
Mobile Home Park with Existing Homes

134/190 Galilee Church Road, Wytheville, VA 24382

$525,000
8.29 AC lot

Income-producing property with multiple residential structures, public water, septic infrastructure, fencing, and four detached outbuildings.

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Unrestricted Land with River Frontage
Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$215,000
20.67 AC lot

20+ acres of unrestricted land with New River frontage.

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Off-Market Properties in Fries, VA

Consider similar Off-Market properties in Fries, 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.

215 Hilltown Rd
APARTMENT HOUSE (UNDER 5 UNITS)

215 Hilltown Rd, Fries, VA 24330-4540

Estimated value:
$575,000
24,072 sqft 3.19 AC lot
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Fries, VA 24330
APARTMENT HOUSE (UNDER 5 UNITS)

Fries, VA 24330

Estimated value:
$270,000
2,856 sqft
View details

Fries, VA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Fries, VA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 2,870
Population Growth (5Y) -7.8%
Median Household Income $41,517
College Educated 13.0%

Taxes & Financing

Tax Rate (average for all types) 0.56%
Property Tax per SF $8.57 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 Grayson County

New Delisted

Total CRE Inventory on Market (SF)

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