Multifamily

Montvale, VA Multifamily Properties for Sale

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Blue Ridge, VA Goodview, VA Thaxton, VA Fincastle, VA Buchanan, VA Vinton, VA Moneta, VA Roanoke, VA
Income-Producing Multi-Unit Bedford County Property
Updated: Mar 27
Income-Producing Multi-Unit Bedford County Property

1332 Goose Creek Valley Rd, Montvale, VA 24122

$499,000
Income‑producing property: triplex and two singlewide homes on two parcels.
Vacant, fully remodeled 4BR/2BA unit in triplex with strong rental potential ($1,600-$1,800/month).
Current leases in place through 7/31/26 for all occupied units.
Two occupied 2BR/2BA singlewide homes with separate electric service, generating rental income.
Property preliminarily approved for up to 75% commercial financing through Freedom First.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Montvale, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

4-Unit Quadplex with Separate Meters
4-Unit Quadplex with Separate Meters

3339 W Lynchburg Salem Tpke, Bedford, VA 24523

$339,900
3,715 sqft

Four occupied units operate under month-to-month leases with individually metered utilities.

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Cape Cod Duplex With Porches
Cape Cod Duplex With Porches

1314 Archbold Ave NE, Roanoke, VA 24012

$345,000

Two-unit property with separate kitchens, laundry features, unfinished lower levels, and off-street parking.

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All-Brick Duplex with Basements
All-Brick Duplex with Basements

538-536 Westview Ave, Bedford, VA 24523

$320,000

Two matching residences provide separate utilities, off-street parking, and private rear porches.

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10-Unit Townhome Apartment Building
10-Unit Townhome Apartment Building

2612 Belle Ave NE, Roanoke, VA 24012

Contact for pricing

Rented townhomes offer dedicated parking, updated windows, and washer/dryer hookups.

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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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Montvale, VA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Montvale, VA on our real estate platform.

Sale prices for multifamily properties in Montvale, VA average $499,000 — 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

Triplexes 1

Demographics Overview

Population 1,421
Population Growth (5Y) -12.8%
Median Household Income $65,238
College Educated 21.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24122 $499K

Taxes & Financing

Tax Rate (average for all types) 0.82%
Property Tax per SF $25.71 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bedford County

New Delisted

Total CRE Inventory on Market (SF)

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