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    Hillsville, VA
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    Hillsville, VA Multifamily Properties for Sale

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    Woodlawn, VA Fancy Gap, VA Galax, VA Austinville, VA Dugspur, VA Max Meadows, VA Cana, VA Laurel Fork, VA
    Mixed-Use Buildings with Apartments
    Updated: May 27
    Mixed-Use Buildings with Apartments

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft
    Two mixed‑use buildings totaling 16766 square feet
    522&516 N Main St, Hillsville, VA 24343
    Six occupied apartments: four one‑bedroom and two two‑bedroom units
    Additional second‑floor framing for 3 two‑bedroom and 1 one‑bedroom apartment
    Established tenant occupies the main floor of one building
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    Mixed-Use Buildings With Apartments
    Updated: Mar 7
    Mixed-Use Buildings With Apartments

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft
    Two mixed‑use commercial buildings at 516 and 522 N Main St
    Combined property size of 16,766 Square Feet
    Four one‑bedroom and 2 two‑bedroom apartments are fully rented
    Upper level framed for 3 two‑bedroom and 1 one‑bedroom apartments
    Ground‑floor retail space included in the second building
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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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Hillsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Multifamily Property With Two Homes
    Multifamily Property With Two Homes

    148/158 Vaughns Mill Rd, Indian Valley, VA 24105

    $699,900
    5,327 sqft 5.00 AC lot

    Two updated residences on a five-acre property offer flexible space for multi-generational living or rental use.

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    Updated Quadplex with Creekside Setting
    Updated Quadplex with Creekside Setting

    1245 Poplar Knob, Galax, VA 24333

    $490,000
    4,891 sqft 1.20 AC lot

    Four-apartment property with varied unit layouts, individual electric metering, parking, and additional storage improvements.

    View details
    Duplex with Screened-In Back Porch
    Duplex with Screened-In Back Porch

    148/158 Vaughns Mill Rd, Indian Valley, VA 24105

    $699,900
    5,327 sqft 5.00 AC lot

    Duplex on 5 acres with fenced yard, heat pumps, well water, and shared septic serving two updated homes.

    View details
    Updated Quadplex with Creek
    Updated Quadplex with Creek

    1245 Poplar Knob Rd, Galax, VA 24333

    $490,000
    4,891 sqft 1.25 AC lot

    Four apartments offer varied layouts, individual electric meters, parking, and access to shared outdoor areas.

    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.

    Fenced Mobile Home & RV Park
    Fenced Mobile Home & RV Park

    134/190 Galilee Church Road, Wytheville, VA 24382

    $525,000
    8.29 AC lot

    Fenced mobile home and RV park with public water, septic systems, and multiple units outside town limits.

    View details

    Hillsville, VA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Hillsville, VA on our real estate platform. These investment opportunities span a total of 33,532 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for multifamily properties in Hillsville, VA average $875,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 8,942
    Population Growth (5Y) -8.7%
    Median Household Income $53,933
    College Educated 17.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24343 $875K

    Taxes & Financing

    Tax Rate (average for all types) 0.59%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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