Multifamily

Harrisonburg, VA Multifamily Properties for Sale

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Penn Laird, VA Dayton, VA Bridgewater, VA Mount Crawford, VA Mcgaheysville, VA Mt Crawford, VA Linville, VA Fulks Run, VA
15-Unit Brick Apartment Buildings
Updated: Jul 6
15-Unit Brick Apartment Buildings

600 & 620 NORWOOD ST, Harrisonburg, VA 22801

$1,300,000
8,256 sqft 0.42 AC lot
15 total units across 600 and 620 Norwood Street
8,256 square feet of building area on 0.42 acres
Each apartment offers 1 bedroom, 1 bath, and 500 +/- square feet
Brick construction dating to 1980
Near the I‑81 interchange and E Market Street
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Over-Under Duplex with Covered Decks
Updated: Sep 29
Over-Under Duplex with Covered Decks

148 W WOLFE ST, Harrisonburg, VA 22802

$423,000
2,037 sqft 0.12 AC lot
Two vacant apartments with separate kitchens and full baths
2,037 square feet on a 0.12‑acre lot
Built in 1925; zoned M‑1 Industrial General
Wraparound front porch and covered rear decks on both levels
Three rear parking spaces; fenced yard with brick paths and mature trees
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Duplex with Wraparound Porch
Duplex with Wraparound Porch

148 Wolfe St W, Harrisonburg, VA 22802

$423,000
2,037 sqft

Two vacant apartments offer separate kitchens and full baths, shared laundry, and three rear parking spaces.

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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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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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-Pad Mobile Home Park
19-Pad Mobile Home Park

605 CELDONS LN, Elkton, VA 22827

$650,000
1.83 AC lot

Existing residents occupy a mix of tenant-owned and park-owned homes.

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

19-605 Celdons Ln, Elkton, VA 22827

$650,000
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

Estimated value: by Request
0.45 AC lot
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28 Rock St
Multifamily properties

28 Rock St, Harrisonburg, VA 22802

Estimated value: by Request
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Harrisonburg, VA Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Harrisonburg, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,866 square feet of properties for sale, with an estimated market value of $2,460,900.

Sale prices for multifamily properties in Harrisonburg, VA start at $314,900, averaging $615,225, and reaching up to $1,300,000 — 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

Commercial property segments ranked by active listings on the market

Duplexes 3
Apartment buildings 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
22802 $491.7K
22801 $1.4M

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

Office

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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