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    Luray, VA
    Multifamily

    Luray, VA Multifamily Properties for Sale

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    Rileyville, VA Stanley, VA Fort Valley, VA
    Luray Duplex Investment Opportunity
    Updated: Feb 19
    Luray Duplex Investment Opportunity

    115 E PAGE Street, Luray, VA 22835

    $266,500
    1,109 sqft · 0.27 AC lot
    Duplex built in 1908 with two similar 1 bed/1 bath units
    Each unit includes a kitchenette and combined living/dining area
    Separate rear deck for each unit plus additional outdoor deck space and a gazebo
    Large yard with driveway and off‑street parking
    Interior features include wood floors, soaking tub, and an additional stairway
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    Retail Gift Shop with Guest Cottages
    Updated: Jun 13, 2022
    Retail Gift Shop with Guest Cottages

    2487/2547 US HWY 211 W, Luray, VA 22835

    $849,000
    6,728 sqft · 7.95 AC lot
    Seven‑room retail gift shop with 3 additional rooms, 2 full and 4 half baths, plus kitchen with walk‑in cooler and dining area
    Includes large basement and restaurant equipment
    Property sits on 7.95 acres with 1,000 ft of road frontage and large open meadow areas with plenty of parking
    8 total buildings include guest cottages, a workshop, and a lean‑to; borders Mill Creek and includes a pond on‑site
    Guest cottages offer unlimited short‑term rental potential
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    Boutique Hotel Investment Opportunity
    Boutique Hotel Investment Opportunity

    2 S Court St, Luray, VA 22835

    $1,999,000
    11,000 sqft

    Hospitality property with 12 boutique rooms in Luray, Virginia.

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    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 18 Potential Opportunities for your consideration. Besides 3 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, 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.

    Victorian Multifamily Home in Woodstock
    Victorian Multifamily Home in Woodstock

    517 W LOCUST Street, Woodstock, VA 22664

    $599,000
    4,313 sqft · 0.84 AC lot

    Charming Victorian with income potential near downtown Woodstock, VA.

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    Two-House Residential Income Property
    Two-House Residential Income Property

    120 & 114 N CENTRAL ST, Broadway, VA 22815

    $214,900
    1,925 sqft · 0.20 AC lot

    Two rental dwellings on one lot with month-to-month tenants offer a straightforward income-focused residential setup.

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    Historic Woodstock Home with Income Potential
    Historic Woodstock Home with Income Potential

    517 W LOCUST St, Woodstock, VA 22664

    $599,000
    4,313 sqft · 0.84 AC lot

    Spacious 6-bedroom home with separate apartment for rental income.

    View details
    New Construction Duplex with Garage
    New Construction Duplex with Garage

    259 Freemont Circle |, Broadway, VA 22815

    $349,900
    1,640 sqft

    New construction duplex featuring high-end finishes, garage, and mountain views.

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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.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Two Acre Buildable Wooded Lot
    Two Acre Buildable Wooded Lot

    23RA Vessels Road, King William, VA 23126

    $80,000
    2.00 AC lot

    Two-acre wooded lot, ideal for building a dream home.

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    Land Ready for Development
    Land Ready for Development

    1 Smithfield Dr, Smithfield, PA 15478

    $275,000
    8.00 AC lot

    8-acre land parcel zoned for mobile home park.

    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.

    910 T.c. Northcott Blvd
    Multifamily properties

    910 T.c. Northcott Blvd, Luray, VA 22835

    Value Estimation by Request
    View details
    101 Madison Ln
    APARTMENT HOUSE (5+ UNITS)

    101 Madison Ln, Luray, VA 22835-1657

    Value Estimation by Request
    6,375 sqft · 6.12 AC lot
    View details
    101 Madison Ln
    APARTMENT HOUSE (5+ UNITS)

    101 Madison Ln, Luray, VA 22835-1657

    Value Estimation by Request
    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
    Value Estimation by Request
    8,400 sqft · 1.60 AC lot
    View details
    302 1st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    302 1st St, Luray, VA 22835-2003

    Value Estimation by Request
    4,608 sqft · 0.98 AC lot
    View details
    300 1st St
    APARTMENT HOUSE (5+ UNITS)

    300 1st St, Luray, VA 22835-2062

    Value Estimation by Request
    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
    Value Estimation by Request
    2,560 sqft · 0.40 AC lot
    View details

    Luray, VA Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Luray, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,805 square feet of properties for sale, with an estimated market value of $4,464,400.

    Sale prices for multifamily properties in Luray, VA start at $266,500, averaging $1,116,100, and reaching up to $1,999,000 — 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

    Short term rental properties 3
    Duplexes 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 $1.2M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Page County

    Retail

    Property Size Breakdown

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

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