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    Luray, VA
    Multifamily

    Luray, VA Multifamily Properties for Sale

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    Rileyville, VA Stanley, VA New Market, VA Fort Valley, VA Shenandoah, VA Mount Jackson, VA Edinburg, VA Sperryville, VA
    Boutique Hotel Investment Opportunity
    Updated: Mar 26
    Boutique Hotel Investment Opportunity

    2 S Court St, Luray, VA 22835

    $1,800,000
    11,000 sqft
    Prime B1 zoned location in the vibrant Luray area, close to key attractions
    11,000 square foot property with 12 boutique rooms suitable for apartments, Air BnB, or hotel**
    Meticulously renovated in 2015, blending timeless architecture with modern amenities
    Exceptional hospitality investment opportunity with potential for high returns
    Additional lot on Main St included in the price
    View details
    Five-Unit Apartment Building
    Updated: Sep 16
    Five-Unit Apartment Building

    333 W MAIN St, Luray, VA 22835

    $469,000
    Five existing apartment units; all five are currently vacant
    Approximately 0.275 acres at the corner of West Main Street and South Lee Street
    B‑1 zoning in downtown Luray
    Original hardwood flooring, dual staircases, multiple balconies, and wrap‑around porch/deck
    Unfinished basement with storage and utility space
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Luray, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Bedroom Short-Term Rental Property
    Six-Bedroom Short-Term Rental Property

    113 W MAIN ST, Stanley, VA 22851

    $560,000
    3,797 sqft 0.80 AC lot

    Main residence and separate cottage provide flexible short-term rental accommodations in a downtown setting.

    View details
    5-Unit Multifamily Property
    5-Unit Multifamily Property

    9200 N CONGRESS Street, New Market, VA 22844

    $425,000
    5,278 sqft 0.45 AC lot

    Five residential units occupy a brick building with central air and heat-pump heating.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    New Market, VA 22844

    $425,000
    5,278 sqft

    A multi-unit residential layout is located on N Congress Street near the I-81 corridor.

    View details
    Mixed-Use Property With Apartments
    Mixed-Use Property With Apartments

    208 W MAIN STREET, Stanley, VA 22851

    $675,000
    9,540 sqft

    Combines residential units with restaurant and separate commercial space in a multi-building property.

    View details

    Off-Market Properties in Luray, VA

    Consider similar Off-Market properties in Luray, 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.

    101 Madison Ln
    APARTMENT HOUSE (5+ UNITS)

    101 Madison Ln, Luray, VA 22835-1657

    Estimated value:
    $475,000
    6,375 sqft 6.12 AC lot
    View details
    101 Madison Ln
    APARTMENT HOUSE (5+ UNITS)

    101 Madison Ln, Luray, VA 22835-1657

    Estimated value:
    $435,000
    5,100 sqft 6.91 AC lot
    View details
    21 Brumback Ave, Unit 35
    APARTMENT HOUSE (5+ UNITS)

    21 Brumback Ave, Luray, VA 22835-1711

    Unit 35
    Estimated value:
    $470,000
    8,400 sqft 1.60 AC lot
    View details
    302 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    302 1st St, Luray, VA 22835-2003

    Estimated value:
    $335,000
    4,608 sqft 0.98 AC lot
    View details
    300 1st St
    APARTMENT HOUSE (5+ UNITS)

    300 1st St, Luray, VA 22835-2062

    Estimated value:
    $340,000
    5,184 sqft 1.00 AC lot
    View details
    212 Main St Sta, Unit A
    APARTMENT HOUSE (UNDER 5 UNITS)

    212 Main St Sta, Luray, VA 22835-1252

    Unit A
    Estimated value:
    $270,000
    2,560 sqft 0.40 AC lot
    View details

    Luray, VA Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Luray, VA on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $2,269,000.

    Sale prices for multifamily properties in Luray, VA start at $469,000, averaging $1,134,500, and reaching up to $1,800,000 — 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
    Short term rental properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) -2.4%
    Median Household Income $57,365
    College Educated 29.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    22835 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.65%
    Property Tax per SF $10.97 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Page County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Luray fall within the Under 2,500 square foot range.

    How Realmo verifies these figures

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