Multifamily

Harrisonburg, VA Multifamily Properties for Sale

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15-Unit Brick Apartment Buildings
Updated: Jul 6
15-Unit Brick Apartment Buildings

600 & 620 NORWOOD ST, Harrisonburg, VA 22801

$1,574,800
8,256 sqft 0.42 AC lot
15 total fully leased apartment units across 600 and 620 Norwood Street
Each residence includes 1 bed, 1 bath, and 500 +/- sq feet
Combined property size is 8256 Square Feet on 0.42 acres
Brick construction with 1980 year built
New roof planned for 600 Norwood Street prior to closing
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14-Unit Brick Apartment Building
Updated: Nov 18, 2025
14-Unit Brick Apartment Building

91 DUTCH MILL CT, Harrisonburg, VA 22801

$1,749,900
6,656 sqft 0.66 AC lot
14‑unit apartment building with 1‑bedroom, 1‑bathroom residences
Each unit contains 477 square feet of living space
6,656‑square‑foot building on 0.66 acres
Solid brick construction; built in 1980
Baseboard heating and wall‑unit cooling
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Updated Quadplex with Separate Home
Updated Quadplex with Separate Home

1076 COLLEGE AVE, Harrisonburg, VA 22802

$629,000
2,356 sqft 0.34 AC lot

1928 property includes four apartment units plus an additional detached residence on a residentially zoned parcel.

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14-Unit Brick Apartment Building
14-Unit Brick Apartment Building

91 Dutch Mill Ct, Harrisonburg, VA 22801

$1,749,900
6,656 sqft

Two-level brick property with compact one-bedroom residences near JMU, shopping, dining, and downtown Harrisonburg.

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Duplex with Oversized Garage
Duplex with Oversized Garage

555 Pointe Dr |, Harrisonburg, VA 22801

$314,900
1,536 sqft

Duplex featuring a garage and large lot in Meadow Pointe.

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Brick Mid-Sized Multifamily Buildings
Brick Mid-Sized Multifamily Buildings

600 & 620 Norwood St, Harrisonburg, VA 22801

$1,574,800

Two adjacent buildings total 15 fully leased 1-bed, 1-bath units in long-lasting brick construction.

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Renovated Duplex with Wooded Views
Renovated Duplex with Wooded Views

531 Pointe Drive, Harrisonburg, VA 22801

$325,000

Updated two-level duplex with refreshed interiors, private outdoor space, and substantial storage areas.

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5-Unit Apartment Building
5-Unit Apartment Building

95 Dutch Mill Ct, Harrisonburg, VA 22801

Contact for pricing

Fully leased multifamily property positioned near James Madison University and downtown Harrisonburg.

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Six-Unit Apartment Building
Six-Unit Apartment Building

620 Norwood St, Harrisonburg, VA 22801

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Multifamily property comprising six residential units at a Harrisonburg address.

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Fully Leased Apartment Row
Fully Leased Apartment Row

1404 Mt. Clinton Pike, Harrisonburg, VA 22802

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Row of eight 2-bedroom apartments is fully leased, with separate electric and water metering for each unit.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 10 Active listings in Harrisonburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

19-Lot Mobile Home Park
19-Lot Mobile Home Park

605 CELDONS LN, Elkton, VA 22827

$699,900
1.83 AC lot

A-2 Agricultural General zoning accompanies a scoped electrical system improvement project.

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19-Lot Mobile Home Park
19-Lot Mobile Home Park

19-605 Celdons Ln, Elkton, VA 22827

$699,900
1.83 AC lot

Elkton, Virginia 19-lot mobile home park on 1.83 acres with an identified electrical system upgrade.

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New Construction Duplex with Garage
New Construction Duplex with Garage

259 Freemont Circle |, Broadway, VA 22815

$349,900
1,640 sqft

New construction duplex featuring high-end finishes, garage, and mountain views.

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Two-House Residential Income Property
Two-House Residential Income Property

120 & 114 N CENTRAL ST, Broadway, VA 22815

$214,900
1,925 sqft 0.20 AC lot

Two rental dwellings on one lot with month-to-month tenants offer a straightforward income-focused residential setup.

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Off-Market Properties in Harrisonburg, VA

Consider similar Off-Market properties in Harrisonburg, 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.

1250 Parkway Dr
Multifamily properties

1250 Parkway Dr, Harrisonburg, VA 22802

Value Estimation by Request
0.45 AC lot
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28 Rock St
Multifamily properties

28 Rock St, Harrisonburg, VA 22802

Value Estimation by Request
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Harrisonburg, VA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Harrisonburg, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 25,460 square feet of properties for sale, with an estimated market value of $7,918,300.

Sale prices for multifamily properties in Harrisonburg, VA start at $314,900, averaging $1,131,185, and reaching up to $1,749,900 — 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 7
Duplexes 2
Quadplexes 1

Demographics Overview

Population 75K
Population Growth (5Y) -1.9%
Median Household Income $67,104
College Educated 26.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
22801 $1.2M
22802 $2.7M

Taxes & Financing

Tax Rate (average for all types) 0.84%
Property Tax per SF $13.70 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 Harrisonburg city

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Harrisonburg city

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Harrisonburg fall within the 100,000+ square foot range.

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