Madison Heights, VA
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    Madison Heights, VA Multifamily Properties for Sale

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    Lynchburg, VA Amherst, VA Monroe, VA
    Renovated Duplex for Multifamily Use
    $269,900
    2,039 SF
    Renovated Duplex for Multifamily Use

    299 Ragland Road, Madison Heights, VA 24572

    Updated duplex with refreshed interiors and mechanicals, offering flexible owner-occupied or rental income setups.
    • Duplex built in 1998 with 4 bedrooms and 2 bathrooms (Bedroom 1–4, Bathroom 1–2)
    • Recent improvements include new siding, new HVAC, deck, fresh paint, and updated flooring
    • Renovated kitchen with new cabinets, countertops, and appliances
    • Updated bathroom featuring a tile shower
    • Heat pump heating and heat pump cooling
    Updated: Jun 3
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    Renovated Duplex with Two Units
    $269,900
    2,039 SF
    Renovated Duplex with Two Units

    299 Ragland Road, Madison Heights, VA 24572

    Updated duplex offers turnkey living with the option to offset expenses through rental of the second unit.
    • Duplex built in 1998 with drywall interior and vinyl siding exterior.
    • Recent improvements include new HVAC (heat pump), fresh paint, and new deck.
    • Renovated kitchens with new cabinets, countertops, and appliances.
    • Updated bathroom featuring a tile shower.
    • Vinyl flooring and heat pump heating and cooling in both units.
    Updated: Jun 3
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Madison Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Historic Inn with Event Space
    $1,450,000
    9,737 SF
    Historic Inn with Event Space

    Boutique inn featuring rental suites and event space.

    404 Cabell Street, Lynchburg, VA 24504

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    Historic Duplex in Garland Hill
    $339,900
    3,205 SF
    Historic Duplex in Garland Hill

    Restored 1885 duplex with modern updates and income potential.

    405 Harrison Street, Lynchburg, VA 24504

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    Lynchburg Duplex: Income-Producing Property
    $174,900
    1,680 SF
    Lynchburg Duplex: Income-Producing Property

    Fully occupied duplex in Lynchburg, generating $1,700 monthly income.

    2228 Tulip Street, Lynchburg, VA 24504

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    Historic Duplex in Rivermont District
    $345,000
    Historic Duplex in Rivermont District

    1916 stucco duplex in Lynchburg's Rivermont Historic District.

    1511 Rivermont Avenue, Lynchburg, VA 24503

    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.

    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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    Blackstone VA Land Opportunity
    $274,900
    37.53 Acres
    Blackstone VA Land Opportunity

    37.53 acres in Blackstone, VA with development potential.

    Nottoway Ave lot: 9, Blackstone, VA 23824

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    Roxboro Land with Owner Financing
    $79,900
    8.76 Acres
    Roxboro Land with Owner Financing

    8.84 acres near Roxboro, suitable for homesites and investment.

    Northwood Court lot: 11-18, Roxboro, NC 27574

    View details
    Residential Land in Prime Location
    Contact for pricing
    0.60 Acres
    Residential Land in Prime Location

    Land near shops, entertainment, Hyco Lake, and Reidsville.

    Main Street, Yanceyville, NC 27379

    View details

    Madison Heights, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Madison Heights, VA on our real estate platform. These investment opportunities span a total of 2,039 square feet of properties for sale, with an estimated market value of $269,900.

    Sale prices for multifamily properties in Madison Heights, VA start at $269,900, averaging $269,900, and reaching up to $269,900 — 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 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) -7.1%
    Median Household Income $64,158
    College Educated 25.8%

    Taxes & Financing

    Tax Rate (average for all types) 0.61%
    Property Tax per SF $16.44 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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