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    Harrisonburg, VA Multifamily Properties for Sale

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    Penn Laird, VA Dayton, VA Keezletown, VA
    7 results
    Fully Leased Triplex Investment
    $519,000
    4,048 SF
    Fully Leased Triplex Investment

    1341 MT CLINTON PIKE, Harrisonburg, VA 22801

    Triplex with three rental units and recent roof, window, and mini-split upgrades in a multifamily residential zone.
    • Fully occupied triplex between JMU and EMU
    • Over 4,000 total SF with a 2‑bed/2‑bath unit at $1,600/month, 2‑bed/1‑bath at $1,200/month, and 1‑bed/1‑bath at $1,200/month
    • Gross monthly rental income of $4,000
    • Recent capital improvements within the past year: new roof, gutters, and downspouts
    • Main level includes fresh flooring and replacement windows; energy‑efficient heating and cooling mini‑splits installed throughout
    Updated: Jun 2
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    Rockingham Duplex with Renovated Unit
    $509,000
    2,646 SF
    Rockingham Duplex with Renovated Unit

    Harrisonburg, VA 22801

    Well-maintained duplex near Rockingham with renovated upper unit.
    • Completely renovated upper unit featuring 3 bedrooms and 2 full bathrooms with modern finishes.
    • Excellent investment opportunity or perfect for owner‑occupants in a desirable Rockingham County location.
    • New roof and relatively new HVAC system (3 years old) offer peace of mind.
    • Lower unit offers 2 bedrooms and 1 full bathroom, providing solid rental income potential.
    • Tenants pay all utilities, ensuring an efficient, low‑maintenance investment.
    Updated: Mar 4
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    Rockingham Duplex: Renovated and Maintained
    $509,000
    2,646 SF
    Rockingham Duplex: Renovated and Maintained

    Well-maintained duplex in Rockingham County with renovated upper unit.

    Harrisonburg, VA 22801

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    Harrisonburg Multifamily Investment Opportunity
    $1,749,900
    6,656 SF
    Harrisonburg Multifamily Investment Opportunity

    14-unit apartment building near JMU, Valley Mall, and downtown.

    91 DUTCH MILL Court, Harrisonburg, VA 22801

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    Harrisonburg Multifamily Investment Opportunity
    $4,200,000
    15,712 SF
    Harrisonburg Multifamily Investment Opportunity

    32-unit apartment complex near EMU and downtown Harrisonburg.

    990, 992, 994 CHICAGO AVE, Harrisonburg, VA 22802

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    Harrisonburg Multifamily Investment Opportunity
    $1,749,900
    6,656 SF
    Harrisonburg Multifamily Investment Opportunity

    14-unit apartment building near JMU, Valley Mall, and downtown.

    91 DUTCH MILL CT, Harrisonburg, VA 22801

    View details
    Duplex with Oversized Garage
    $314,900
    1,536 SF
    Duplex with Oversized Garage

    Duplex featuring a garage and large lot in Meadow Pointe.

    555 Pointe Dr |, Harrisonburg, VA 22801

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 Active listings in Harrisonburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Multi-Use Property in Verona, VA
    $1,500,000
    7,629 SF
    Multi-Use Property in Verona, VA

    High-visibility property with multiple dwellings and business potential.

    140 LEE HWY, Verona, VA 24482

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    Multifamily Building on 2.99 Acres
    $827,500
    5,206 SF
    Multifamily Building on 2.99 Acres

    Well-maintained multifamily building with five units and ample parking.

    727 LEE HWY, Verona, VA 24482

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    Victorian Office Space Opportunity
    $325,000
    2,613 SF
    Victorian Office Space Opportunity

    Victorian building suitable for office space or short-term rentals.

    133 W Springbrook Rd, Broadway, VA 22815

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    New Construction Duplex with Garage
    $349,900
    1,640 SF
    New Construction Duplex with Garage

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

    259 Freemont Circle |, Broadway, VA 22815

    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.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Altavista Land For Sale
    $39,900
    1.31 Acres
    Altavista Land For Sale

    1.31 acre multi-family zoned land near Altavista shopping.

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

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    Land in Gladys, Virginia
    Contact for pricing
    2.00 Acres
    Land in Gladys, Virginia

    Two-acre lot suitable for various residential builds.

    3B Mohawk, Gladys, VA 24554

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    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

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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
    Lot: 0.45 Acres
    Value Estimation by Request

    1250 Parkway Dr, Harrisonburg, VA 22802

    View details
    28 Rock St
    Multifamily properties
    Value Estimation by Request

    28 Rock St, Harrisonburg, VA 22802

    View details
    Harrisonburg, VA 22801
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.47 Acres
    Value Estimation by Request

    Harrisonburg, VA 22801

    View details

    Harrisonburg, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Harrisonburg, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 38,252 square feet of properties for sale, with an estimated market value of $9,472,600.

    Sale prices for multifamily properties in Harrisonburg, VA start at $314,900, averaging $1,353,228, and reaching up to $4,200,000 — 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

    Apartment buildings 4
    Duplexes 3
    Triplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    22801 $878.8K
    22802 $4.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $13.70 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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