Lexington, VA
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    Lexington, VA Multifamily Properties for Sale

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    Natural Bridge, VA Buena Vista, VA Fairfield, VA
    Lexington Duplex Near Downtown
    $439,900
    1,800 SF
    Lexington Duplex Near Downtown

    220 S Main St, Lexington, VA 24450

    Duplex in Lexington, walking distance to downtown, investment opportunity.
    • Prime downtown Lexington location within walking distance to amenities.
    • Solid investment opportunity with existing, desirable tenants.
    • Off‑street parking provided.
    • Each unit has 2 bedrooms, a full bathroom, galley kitchen, dining area, and living room.
    • One unit features an open porch with fenced courtyard; the other has a screened patio.
    Updated: Mar 10
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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    Rivermont Avenue Triplex Investment
    $334,900
    3,072 SF
    Rivermont Avenue Triplex Investment

    Turn-key triplex near shopping, restaurants, and downtown Lynchburg.

    2461 Rivermont Avenue, Lynchburg, VA 24503

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    Duplex with Two 2BR Units
    $39,500
    2,412 SF
    Duplex with Two 2BR Units

    Duplex offering two 2-bedroom, 1-bath units with recent major system updates.

    617 Rose Avenue, Clifton Forge, VA 24422

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    Clifton Forge Duplex Opportunity
    $39,500
    0.17 Acres
    Clifton Forge Duplex Opportunity

    Duplex in Clifton Forge with two units. Sold AS/IS.

    617 Rose Ave, Clifton Forge, VA 24422

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    Victorian Office/Multifamily Property on Rivermont
    $825,000
    Victorian Office/Multifamily Property on Rivermont

    Early 1900s Victorian property in the heart of Rivermont Avenue.

    2525 Rivermont Ave., Lynchburg, VA 24503

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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.

    Altavista Land For Sale
    $39,900
    1.31 Acres
    Altavista Land For Sale

    1.31 acre multi-family zoned land near Altavista shopping.

    0-Tract 7 Dearing Ford Road, Altavista, VA 24517

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    Land in Gladys, Virginia
    Contact for pricing
    2.00 Acres
    Land in Gladys, Virginia

    Two-acre lot suitable for various residential builds.

    3B Mohawk, Gladys, VA 24554

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    Commercial Land in Ridgeway, VA
    $188,000
    252 SF
    Commercial Land in Ridgeway, VA

    2.68 acres of land suitable for various businesses.

    342 Morehead Avenue, Ridgeway, VA 24148

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    Ridgeway, VA Land For Sale
    $188,000
    2.68 Acres
    Ridgeway, VA Land For Sale

    2.68 acres on Morehead Ave in Ridgeway, VA.

    342 Morehead Avenue, Ridgeway, VA 24148

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    Off-Market Properties in Lexington, VA

    Consider similar Off-Market properties in Lexington, 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.

    95 Willow Spgs Rd
    APARTMENT HOUSE (5+ UNITS)
    11,088 SF Lot: 7.29 Acres
    Estimated value
    $4,940,000

    95 Willow Spgs Rd, Lexington, VA 24450-2949

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    2957 Tpke Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,850 SF
    Value Estimation by Request

    2957 Tpke Rd, Lexington, VA 24450-6610

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    45 Willow Spgs Rd
    APARTMENT HOUSE (5+ UNITS)
    7,133 SF Lot: 2.92 Acres
    Estimated value
    $1,670,000

    45 Willow Spgs Rd, Lexington, VA 24450-2989

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    5 Canter Ln
    APARTMENT HOUSE (5+ UNITS)
    9,701 SF Lot: 4.01 Acres
    Estimated value
    $875,000

    5 Canter Ln, Lexington, VA 24450-3782

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    328 Midland Trl
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,778 SF Lot: 0.50 Acres
    Value Estimation by Request

    328 Midland Trl, Lexington, VA 24450-4056

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    20 Trot Ln
    APARTMENT HOUSE (5+ UNITS)
    10,714 SF Lot: 2.48 Acres
    Estimated value
    $620,000

    20 Trot Ln, Lexington, VA 24450-3668

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    581 Sugar Crk Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,376 SF Lot: 171.34 Acres
    Value Estimation by Request

    581 Sugar Crk Rd, Lexington, VA 24450-6222

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    209 Sawmill Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,200 SF Lot: 10.22 Acres
    Value Estimation by Request

    209 Sawmill Ln, Lexington, VA 24450-6817

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    40 Magnolia Sq
    APARTMENT HOUSE (UNDER 5 UNITS)
    12,412 SF Lot: 2.40 Acres
    Estimated value
    $1,105,000

    40 Magnolia Sq, Lexington, VA 24450-3762

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    35 Magnolia Sq
    APARTMENT HOUSE (5+ UNITS)
    19,998 SF Lot: 1.03 Acres
    Estimated value
    $745,000

    35 Magnolia Sq, Lexington, VA 24450-3779

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    35 Holly Park Ln
    APARTMENT HOUSE (5+ UNITS)
    7,614 SF Lot: 2.18 Acres
    Estimated value
    $750,000

    35 Holly Park Ln, Lexington, VA 24450-3756

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    60 Deer Xing Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,248 SF Lot: 0.91 Acres
    Value Estimation by Request

    60 Deer Xing Ln, Lexington, VA 24450-7266

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    1 Country Clb Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,296 SF Lot: 1.00 Acre
    Value Estimation by Request

    1 Country Clb Rd, Lexington, VA 24450-1869

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    60 Willow Spgs Rd
    APARTMENT HOUSE (5+ UNITS)
    9,844 SF Lot: 5.91 Acres
    Estimated value
    $565,000

    60 Willow Spgs Rd, Lexington, VA 24450-2984

    View details

    Lexington, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 15 multifamily properties for sale in Lexington, VA on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $439,900.

    Sale prices for multifamily properties in Lexington, VA start at $439,900, averaging $439,900, and reaching up to $439,900 — 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

    Duplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +11.5%
    Median Household Income $77,839
    College Educated 69.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24450 $439.9K

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