Martinsville, VA
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    Martinsville, VA Multifamily Properties for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA
    Martinsville Duplex with Recent Upgrades
    $109,900
    858 SF
    Martinsville Duplex with Recent Upgrades

    831 Liberty Street, Martinsville, VA 24112

    Charming duplex with new roof, HVAC, flooring, and appliances.
    • Completely renovated duplex featuring new roof, HVAC, flooring, appliances, and cabinets, plus fresh paint.
    • Two efficiency units offer flexibility.
    • Live in one unit and rent the other for income - ideal for owner‑occupants.
    • Investors will appreciate the potential for steady income.
    • Enjoy convenient access to shopping, dining, schools, and local amenities.
    Updated: Mar 26
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    Mobile Home Community with 14 Lots
    $250,000
    7.68 Acres
    Mobile Home Community with 14 Lots

    7, Martinsville, VA 24112

    Income-generating mobile home community with available lots for expansion, with four homes currently retained by the seller.
    • Income‑generating mobile home community on approx. 7 acres with 14 total lots.
    • Seller retains ownership of four on‑site homes.
    • Several unoccupied lots remain available for future development to potentially increase net operating income.
    • Buyer should verify acreage, lot count, income figures, and ownership of improvements prior to closing.
    Updated: Jun 19
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    Duplex Income Property
    $34,900
    936 SF
    Duplex Income Property

    Two separate 1 bed, 1 bath units with private living space and potential off-street parking on a manageable lot.

    12/14 Dunlap Street, Martinsville, VA 24112

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    Martinsville Triplex Investment Opportunity
    $159,900
    598 SF
    Martinsville Triplex Investment Opportunity

    Triplex with income potential near Martinsville's amenities.

    2041 Spruce Street, Martinsville, VA 24112

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    Remodeled Investment Opportunity
    $480,000
    24,829 SF
    Remodeled Investment Opportunity

    Well-maintained property with established rental history and strong tenant demand.

    612 East Church Street, Martinsville, VA 24112

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Turnkey Investment Opportunity Near US 220
    $270,000
    3,176 SF
    Turnkey Investment Opportunity Near US 220

    Fully rented 5-unit multi-family complex generating $3,000 monthly income.

    575 Colonial Hill Dr, Bassett, VA 24055

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    Collinsville Multifamily Property For Sale
    $1,299,999
    16,000 SF
    Collinsville Multifamily Property For Sale

    Well-maintained multifamily property with 16 townhomes and 1 studio.

    324-325 Maple Drive, Collinsville, VA 24078

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    Collinsville Multifamily Investment Opportunity
    $625,000
    6,300 SF
    Collinsville Multifamily Investment Opportunity

    Eight-unit apartment building in Collinsville, Virginia.

    79 Ridgemont Circle, Collinsville, VA 24078

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    House and Mobile Home Park
    $328,000
    0.00 Acres
    House and Mobile Home Park

    House and established mobile home park with monthly cash flow.

    44 Joyful Lane, Bassett, VA 24055

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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.

    Commercial Land in Ridgeway, VA
    $188,000
    252 SF
    Commercial Land in Ridgeway, VA

    2.68 acres of land suitable for various businesses.

    342 Morehead Avenue, Ridgeway, VA 24148

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    Ridgeway, VA Land For Sale
    $188,000
    2.68 Acres
    Ridgeway, VA Land For Sale

    2.68 acres on Morehead Ave in Ridgeway, VA.

    342 Morehead Avenue, Ridgeway, VA 24148

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    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

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    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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    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.

    721 Snow Crk Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,664 SF Lot: 1.01 Acres
    Value Estimation by Request

    721 Snow Crk Rd, Martinsville, VA 24112-8610

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    Martinsville VA USA William F Stone Hwy
    Multifamily properties
    Lot: 113.00 Acres
    Value Estimation by Request

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

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    Martinsville, VA Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Martinsville, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 27,221 square feet of properties for sale, with an estimated market value of $784,700.

    Sale prices for multifamily properties in Martinsville, VA start at $34,900, averaging $196,175, and reaching up to $480,000 — 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

    Duplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Triplexes 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +4.5%
    Median Household Income $47,059
    College Educated 6.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24112 $187.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.64%
    Property Tax per SF $11.16 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Martinsville city

    New Delisted

    Total CRE Inventory on Market (SF)

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