Martinsville, VA Multifamily properties for sale

Updated: Oct 6

Renovated 8-Unit Apartment Building

1300 Spruce Street, Martinsville, VA 24112

$649,000

5,040 sqft

Eight apartments: six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
5,040 square feet; built in 1929
Renovated apartment building with on‑site parking
Separate water and electric meters for every apartment
Rent includes garbage pickup

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Updated: Oct 4

Renovated 3-Unit Triplex

845 Hundley Street, Martinsville, VA 24112

$299,000

1,632 sqft

1,632‑square‑foot triplex in Martinsville
Two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
Washer and dryer provided in each apartment
Individually metered utilities
Renovations include a new deck and updated appliances, including a dishwasher

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Renovated Triplex

917 Askin St, Martinsville, VA 24112

$144,900

2,034 sqft

Three residential units provide a compact multifamily configuration in an RC-zoned property.

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Mixed-Use Property with Workshop

610 South Memorial Boulevard, Martinsville, VA 24112

Contact for pricing

3,318 sqft

Includes a garage/workshop and two apartments within a commercial mixed-use property.

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Multifamily Property with Decks

912 N Royal Dr, Martinsville, VA 24112

$102,000

Bedrooms occupy the second floor, with 1.5 baths provided in each unit.

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Three-Unit Property with Porches

310 Forest Street, Martinsville, VA 24112

Contact for pricing

Three-unit residential property with fireplaces, a porch, and individually noted interior features.

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Two-Story Multifamily Building

743 Fayette Street, Martinsville, VA 24112

$83,000

The building has stucco exterior walls and electric water heating.

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Multifamily Home with Two Kitchens

106 Moss Street, Martinsville, VA 24112

Contact for pricing

The lower level has two bedrooms, and the property includes a porch and metal roof.

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8 active listings match your search: Multifamily for sale in Martinsville, VA. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 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.

12-Unit Apartment Portfolio

575 Colonial Hill Dr, Bassett, VA 24055

$895,000

3,176 sqft

Eight-property package combines an apartment building with single-family residences and existing tenant occupancy.

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58-Lot Manufactured Housing Community

95 & 212 Ridgecrest Avenue, Collinsville, VA 24078

$2,075,000

4.94 AC lot

A 4.94-acre community has paved internal roads, water and sewer service, and a mix of occupied and available lots.

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26-Lot Mobile Home Park

15 Spruce Pine Lane, Bassett, VA 24055

$274,900

373,744 sqft

Tenant-owned homes occupy part of the park, which is served by public water and private septic systems.

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Occupied Apartment Building

273 Bowles Rd, Collinsville, VA 24078

$250,500

Each apartment includes basement storage, with coin-operated laundry available on site.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, 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.

APARTMENT HOUSE (UNDER 5 UNITS)

721 Snow Crk Rd, Martinsville, VA 24112-8610

Estimated value:

$240,000

1,664 sqft 1.01 AC lot

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Multifamily properties

Martinsville VA USA William F Stone Hwy, Martinsville, VA 24112

Estimated value: by Request

113.00 AC lot

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Martinsville, VA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Martinsville, VA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,024 square feet of properties for sale, with an estimated market value of $1,277,900.

Sale prices for multifamily properties in Martinsville, VA start at $83,000, averaging $255,580, and reaching up to $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
24112	$199.2K

Neighborhood

Average Price

24112

$199.2K

Featured Martinsville Real Estate Agencies

Realmo connects you with licensed Martinsville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Berry-Elliott Realtors

18 Starling Avenue Martinsville, VA 24112

Phone: (276) 634-7657

berryelliott.com/

Southern Virginia Properties

P.O. Box 3093 Martinsville, VA

Phone: (276) 299-2166