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    Madison Heights, VA
    Multifamily

    Madison Heights, VA Multifamily Properties for Sale

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    Lynchburg, VA Amherst, VA Monroe, VA Forest, VA Rustburg, VA Concord, VA Coleman Falls, VA Evington, VA
    Renovated Duplex with Two Kitchens
    Updated: Jun 3
    Renovated Duplex with Two Kitchens

    299 Ragland Road, Madison Heights, VA 24572

    $268,900
    2,039 sqft 2.94 AC lot
    Duplex built in 1998 with off‑street parking
    Recent updates include new siding and fresh paint
    HVAC replaced/updated with heat pump heating and cooling
    Renovated kitchen with new cabinets, countertops, and appliances
    Updated bathroom featuring a tile shower
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    Renovated Duplex with Two Units
    Updated: May 23
    Renovated Duplex with Two Units

    299 Ragland Road, Madison Heights, VA 24572

    $269,900
    2,039 sqft
    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.
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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    158 Martins Lane, Madison Heights, VA 24572

    $230,000
    1,004 sqft

    Well-kept two-unit brick duplex with separate upper and lower residences and shared laundry utilities.

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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 11 Potential Opportunities for your consideration. Besides 3 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 Brick Church with Development Potential
    Historic Brick Church with Development Potential

    1018 Rivermont Avenue, Lynchburg, VA 24504

    $695,000
    8,493 sqft 1.50 AC lot

    Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.

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    Duplex with Separate Electric Meters
    Duplex with Separate Electric Meters

    2228 Tulip Street, Lynchburg, VA 24504

    $164,900
    1,680 sqft 0.12 AC lot

    Fully occupied duplex with separate electric meters for each unit and a single shared water meter.

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    Historic Duplex in Garland Hill
    Historic Duplex in Garland Hill

    405 Harrison Street, Lynchburg, VA 24504

    $339,900
    3,205 sqft 0.14 AC lot

    Restored 1885 duplex with modern updates and income potential.

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    Corner Lot Automotive & Mixed-Use Property
    Corner Lot Automotive & Mixed-Use Property

    811 5th St, Lynchburg, VA 24504

    $1,500,000
    32,544 sqft

    Leased apartments and a garage workshop with multiple car lifts support flexible uses on a corner lot with long street frontage.

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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
    Altavista Land For Sale

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

    $39,900
    1.31 AC lot

    1.31 acre multi-family zoned land near Altavista shopping.

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    Land in Gladys, Virginia
    Land in Gladys, Virginia

    3B Mohawk, Gladys, VA 24554

    Contact for pricing
    2.00 AC lot

    Two-acre lot suitable for various residential builds.

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    Blackstone VA Land Opportunity
    Blackstone VA Land Opportunity

    Nottoway Ave lot: 9, Blackstone, VA 23824

    $274,900
    37.53 AC lot

    37.53 acres in Blackstone, VA with development potential.

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    Roxboro Land with Owner Financing
    Roxboro Land with Owner Financing

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

    $79,900
    8.76 AC lot

    8.84 acres near Roxboro, suitable for homesites and investment.

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    Madison Heights, VA Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Madison Heights, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,082 square feet of properties for sale, with an estimated market value of $768,800.

    Sale prices for multifamily properties in Madison Heights, VA start at $230,000, averaging $256,266, 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

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24572 $269.9K

    Taxes & Financing

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

    Total CRE Inventory on Market (SF)

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