Advertise
    Independence, VA
    Multifamily

    Independence, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Galax, VA Fries, VA Sparta, NC Elk Creek, VA Piney Creek, NC Ennice, NC Mouth Of Wilson, VA Grassy Creek, NC
    Three-House Multifamily Property
    Updated: Jul 20
    Three-House Multifamily Property

    111-125 Library, Independence, VA 24348

    $375,000
    1,808 sqft 0.50 AC lot
    Three separate houses offered together at 111‑125 Library Street
    111 Library Street includes 2 separate units
    125 Library Street has 4 bedrooms and 2 baths
    117 Library Street has 2 bedrooms and 1 bath
    Units are currently rented and shown by appointment
    View details
    Furnished Triplex
    Updated: Jan 13
    Furnished Triplex

    1165 N Independence Ave, Independence, VA 24348

    $219,000
    3,181 sqft 0.48 AC lot
    Three furnished apartments, each with 2 bedrooms and 1 bathroom
    3,181 square feet on 0.48 acres
    New mini split in Unit A and recently added heat pump in Unit C
    Newer roof with shingle and metal roofing
    Public water and public sewer; RES zoning
    View details
    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 14 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 2 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.

    8-Unit Apartment Building with Garages
    8-Unit Apartment Building with Garages

    308 Armory Road, Galax, VA 24333

    $900,000
    9,792 sqft 1.30 AC lot

    Four duplex-style townhomes offer basement storage, residential amenities, and a practical multifamily configuration.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    308 Armory Rd, Galax, VA 24333

    $900,000
    9,792 sqft

    Duplex-style townhome complex with full basements and private garages in Galax.

    View details
    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.

    View details
    Five-Building Apartment Portfolio
    Five-Building Apartment Portfolio

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

    $1,149,000
    3.71 AC lot

    Occupied rental property includes residential apartments, a post office, and additional storage space.

    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
    Unrestricted Land with River Frontage

    no # Edna Perry Road, Crumpler, NC 28617

    $215,000
    20.67 AC lot

    20+ acres of unrestricted land with New River frontage.

    View details
    Mobile Home Park with Existing Homes
    Mobile Home Park with Existing Homes

    134/190 Galilee Church Road, Wytheville, VA 24382

    $525,000
    8.29 AC lot

    Income-producing property with multiple residential structures, public water, septic infrastructure, fencing, and four detached outbuildings.

    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)

    Independence, VA 24348

    $305,000
    Estimated value
    10,504 sqft 0.90 AC lot
    View details
    196 Cloverdale Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    196 Cloverdale Rd, Independence, VA 24348-4584

    $285,000
    Estimated value
    750 sqft 2.40 AC lot
    View details
    226 Nichols Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    226 Nichols Dr, Independence, VA 24348-3888

    $255,000
    Estimated value
    4,800 sqft
    View details
    502 Independence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    502 Independence Ave, Independence, VA 24348-5031

    $310,000
    Estimated value
    3,616 sqft 2.38 AC lot
    View details
    1165 Independence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1165 Independence Ave, Independence, VA 24348-5056

    $225,000
    Estimated value
    3,181 sqft 0.48 AC lot
    View details
    119 Bedwell St
    APARTMENT HOUSE (UNDER 5 UNITS)

    119 Bedwell St, Independence, VA 24348-9511

    $235,000
    Estimated value
    4,480 sqft
    View details

    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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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 average listing prices of real estate assets

    Neighborhood Average Price
    24348 $297K

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Independence, VA

    Most Searched ZIP Codes in Independence, VA

    • 24348

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!