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Independence, VA

Multifamily

Independence, VA Multifamily Properties for Sale

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Galax, VA Fries, VA Elk Creek, VA Sparta, NC Ennice, NC Piney Creek, NC Mouth Of Wilson, VA Grassy Creek, NC

Multi-Family Rental Property

Updated: Jul 20

Multi-Family Rental Property

111-125 Library, Independence, VA 24348

$375,000

1,808 sqft 0.50 AC lot

Three separate houses sold as 1, including 111 Library Street, 125 Library Street, and 117 Library Street
111 Library Street offers 2 separate units; 125 Library Street has 4 bedrooms and 2 baths; 117 Library Street has 2 bedrooms and 1 bath
All units served by public/town water and public sewer
Heating includes oil and space heater
Roof is shingle; construction includes block and vinyl siding

Independence, VA Triplex Investment

Updated: Jan 13

Independence, VA Triplex Investment

1165 N Independence Ave, Independence, VA 24348

$219,000

3,181 sqft 0.48 AC lot

Tri‑plex with 3 units; each unit is 2 bed / 1 bath and furnished with a stove and refrigerator
Current rents: Apt A $750/mo, Apt B $725/mo, Apt C $750/mo; gross annual income reported at $26,700
Tenants pay their own water, sewer, and power; public water and public sewer services are listed
Apt A has a new mini‑split installed and is leased for $750/mo
Apt B has central heating and is rented at $725/mo

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Six-Unit Apartment Building

Six-Unit Apartment Building

71 E Cheek Street, Sparta, NC 28675

$425,000

0.33 AC lot

Six-unit apartment building with multiple upgraded interiors and Town water and sewer in Sparta’s town limits.

Glade Valley Commercial Property

Glade Valley Commercial Property

18, 40, 90 Glade Valley Church Road, Glade Valley, NC 28627

$1,149,000

10,390 sqft

Commercial property with 14 rental units and US Post Office.

Glade Valley Investment Opportunity

Glade Valley Investment Opportunity

18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

$1,149,000

3,000 sqft 3.71 AC lot

Commercial property with 14 rental units and post office.

Riverfront Unrestricted Land with RV Sites

Riverfront Unrestricted Land with RV Sites

132 Sparks Ridge Lane, Sparta, NC 28675

$279,000

6.04 AC lot

Unrestricted riverfront acreage on the Little River with power on site, two RV hookups, and permitted septic and well.

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.

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.

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.

Warrensville Land with River Frontage

Warrensville Land with River Frontage

Ed Little Road, Warrensville, NC 28693

$75,000

11.17 AC lot

11+ acre property with river frontage and mountain views.

Abingdon, VA Building Lot

Abingdon, VA Building Lot

1.77 AC Twin Oaks Rd lot: 2, Abingdon, VA 24211

$54,900

1.77 AC lot

1.77-acre building lot near South Holston Lake.

Off-Market Properties in Independence, VA

Consider similar Off-Market properties in Independence, 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.

Independence, VA 24348

APARTMENT HOUSE (UNDER 5 UNITS)

Independence, VA 24348

Value Estimation by Request

10,504 sqft 0.90 AC lot

196 Cloverdale Rd

APARTMENT HOUSE (UNDER 5 UNITS)

196 Cloverdale Rd, Independence, VA 24348-4584

Value Estimation by Request

750 sqft 2.40 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

226 Nichols Dr, Independence, VA 24348-3888

Value Estimation by Request

4,800 sqft

502 Independence Ave

APARTMENT HOUSE (UNDER 5 UNITS)

502 Independence Ave, Independence, VA 24348-5031

Value Estimation by Request

3,616 sqft 2.38 AC lot

1165 Independence Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1165 Independence Ave, Independence, VA 24348-5056

Value Estimation by Request

3,181 sqft 0.48 AC lot

119 Bedwell St

APARTMENT HOUSE (UNDER 5 UNITS)

119 Bedwell St, Independence, VA 24348-9511

Value Estimation by Request

4,480 sqft

Independence, VA Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Independence, VA on our real estate platform. These investment opportunities span a total of 4,989 square feet of properties for sale, with an estimated market value of $594,000.

Sale prices for multifamily properties in Independence, VA start at $219,000, averaging $297,000, and reaching up to $375,000 — 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

Demographics Overview

Population 5,095

Population Growth (5Y) +15.6%

Median Household Income $42,408

College Educated 18.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
24348	$219K

Taxes & Financing

Tax Rate (average for all types) 0.57%

Property Tax per SF $8.04 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

Total CRE Inventory on Market (SF)

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