Multifamily

Hillsville, VA Multifamily Properties for Sale

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Woodlawn, VA Fancy Gap, VA Austinville, VA
Hillsville Multi-Family Investment Opportunity
Updated: Mar 7
Hillsville Multi-Family Investment Opportunity

522&516 N Main St, Hillsville, VA 24343

$875,000
16,766 sqft
Two commercial buildings in Hillsville, VA with immediate income from current tenants
Top floor in Property 2 is finished and includes 4 fully rented 1‑bed units and 2 fully rented 2‑bed units
Property 2 second floor is framed for 3 two‑bed apartments, 1 one‑bed apartment, and a common laundry room
Property 1 is a multi‑use building with an established tenant on the main floor and additional space above that can be converted
Brick construction with a metal roof; vinyl and wood flooring
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Galax Multifamily Investment Opportunity
Galax Multifamily Investment Opportunity

508 W Stuart Dr, Galax, VA 24333

$339,000
3,045 sqft · 0.30 AC lot

Four-unit property with long-term and short-term rental income potential.

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Secluded Mountain Recreational Land
Secluded Mountain Recreational Land

1669 Grinders Mill Road, Galax, VA 24333

$119,500
5.15 AC lot

About 5 acres with trails, well and septic, and storage outbuildings for outdoor recreation in the Grayson County area.

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Turn-Key Remodeled One-Bedroom Home
Turn-Key Remodeled One-Bedroom Home

5037 Kibler Valley Rd, Ararat, VA 24053

$159,900
0.25 AC lot

Remodeled turn-key home with screened porch, fiber internet, and furnishings that support immediate personal use or rental.

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Ararat Multifamily Investment Opportunity
Ararat Multifamily Investment Opportunity

81-302 Duplex Lane, Ararat, VA 24053

$1,650,000
17,786 sqft · 16.00 AC lot

Three homes and sixteen duplexes near Blue Ridge Elementary School.

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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.

Wooded Corner Lot in Fancy Gap
Wooded Corner Lot in Fancy Gap

Apache Trail lot: 8, Fancy Gap, VA 24328

Contact for pricing
0.40 AC lot

Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

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Income-Generating Property on 8+ Acres
Income-Generating Property on 8+ Acres

134/190 Galilee Church Road, Wytheville, VA 24382

$525,000
8.29 AC lot

8.29 acres with 10 mobile homes and 1 house.

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Unrestricted Land with River Frontage
Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$250,000
20.67 AC lot

20+ acres of unrestricted land with New River frontage.

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200 Acres of Opportunity
200 Acres of Opportunity

Rt 460 Crumpecker Hill, Princeton, WV 24740

$5,500,000
202.00 AC lot

200 acres ideal for RV park, campground, or development.

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Hillsville, VA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Hillsville, VA on our real estate platform. These investment opportunities span a total of 16,766 square feet of properties for sale, with an estimated market value of $875,000.

Sale prices for multifamily properties in Hillsville, VA start at $875,000, averaging $875,000, and reaching up to $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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