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    Independence, VA Multifamily Properties for Sale

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    Galax, VA Fries, VA Elk Creek, VA
    Independence, VA Triplex Investment
    $219,000
    3,181 SF
    Independence, VA Triplex Investment

    1165 N Independence Ave, Independence, VA 24348

    Triplex near Independence, VA with strong rental income.
    • Gross annual income of $26,700.
    • Tri‑plex investment property featuring three 2 bed, 1 bath units.
    • Tenants pay their own water, sewer, and power.
    • Unit C features a newer roof and recently added heat pump.
    • Located less than 3 minutes from town, close to shopping and dining.
    Updated: Jan 13
    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 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.

    Galax Multifamily Investment Opportunity
    $339,000
    3,045 SF
    Galax Multifamily Investment Opportunity

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

    508 W Stuart Dr, Galax, VA 24333

    View details
    Three-Level Downtown Commercial Building
    $350,000
    7,060 SF
    Three-Level Downtown Commercial Building

    Three levels with high-ceiling main space and finished upper office area, near downtown civic and entertainment uses.

    105 E Grayson St, Galax, VA 24333

    View details
    Sparta NC Apartment Building
    $425,000
    0.33 Acres
    Sparta NC Apartment Building

    Investment property with six units in excellent location.

    71 E Cheek Street, Sparta, NC 28675

    View details
    Apartment Building in Excellent Location
    $425,000
    Apartment Building in Excellent Location

    Apartment building with six units, great investment opportunity.

    71 E Cheek Street, Sparta, NC 28675

    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.

    Unrestricted Land with River Frontage
    $250,000
    20.67 Acres
    Unrestricted Land with River Frontage

    20+ acres of unrestricted land with New River frontage.

    no # Edna Perry Road, Crumpler, NC 28617

    View details
    Income-Generating Property on 8+ Acres
    $525,000
    8.29 Acres
    Income-Generating Property on 8+ Acres

    8.29 acres with 10 mobile homes and 1 house.

    134/190 Galilee Church Road, Wytheville, VA 24382

    View details
    Getaway Near Blue Ridge Parkway
    $38,900
    0.20 Acres
    Getaway Near Blue Ridge Parkway

    RV and bunk house near Blue Ridge Parkway and Music Center.

    4 Starview Ln. lot: 6, Galax, VA 24333

    View details
    Wooded Corner Lot in Fancy Gap
    Contact for pricing
    0.40 Acres
    Wooded Corner Lot in Fancy Gap

    Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

    Apache Trail lot: 8, Fancy Gap, VA 24328

    View details

    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)
    10,504 SF Lot: 0.90 Acres
    Value Estimation by Request

    Independence, VA 24348

    View details
    196 Cloverdale Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    750 SF Lot: 2.40 Acres
    Value Estimation by Request

    196 Cloverdale Rd, Independence, VA 24348-4584

    View details
    226 Nichols Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,800 SF
    Value Estimation by Request

    226 Nichols Dr, Independence, VA 24348-3888

    View details
    502 Independence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,616 SF Lot: 2.38 Acres
    Value Estimation by Request

    502 Independence Ave, Independence, VA 24348-5031

    View details
    1165 Independence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,181 SF Lot: 0.48 Acres

    1165 Independence Ave, Independence, VA 24348-5056

    View details
    119 Bedwell St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,480 SF
    Value Estimation by Request

    119 Bedwell St, Independence, VA 24348-9511

    View details

    Independence, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 7 multifamily properties for sale in Independence, VA on our real estate platform. These investment opportunities span a total of 3,181 square feet of properties for sale, with an estimated market value of $219,000.

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

    Triplexes 1

    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 median 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 sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

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