Multifamily

Montvale, VA Multifamily Properties for Sale

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Blue Ridge, VA Thaxton, VA Buchanan, VA Moneta, VA Roanoke, VA Troutville, VA Vinton, VA Bedford, 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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Montvale, 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.

Side-by-Side Duplex with Updates
Side-by-Side Duplex with Updates

718 Baltimore Avenue, Bedford, VA 24523

$287,900
2,016 sqft 0.71 AC lot

Well-updated side-by-side duplex offers two long-term tenant units with separate utilities and an owner-paid lawn care.

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Brick One-Story Duplex
Brick One-Story Duplex

1656 Shady Knoll Ave, Bedford, VA 24523

$239,000
0.46 AC lot

Brick one-story duplex with two one-bedroom, one-bath apartments, full basement, and central HVAC for each unit.

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Multifamily Property with Laundry Facility
Multifamily Property with Laundry Facility

1606 Wayne Street Northeast, Roanoke, VA 24012

$1,649,655
27,442 sqft

Multifamily property featuring 24 units and onsite laundry.

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Workforce Housing Apartment Community
Workforce Housing Apartment Community

4847 Rutgers Street NW, Roanoke, VA 24012

Contact for pricing
83,272 sqft

102-unit workforce housing community with recent HVAC and window upgrades plus renovated apartments and new amenities.

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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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Commercial Land in Ridgeway, VA
Commercial Land in Ridgeway, VA

342 Morehead Avenue, Ridgeway, VA 24148

$188,000
252 sqft 2.68 AC lot

2.68 acres of land suitable for various businesses.

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Ridgeway, VA Land For Sale
Ridgeway, VA Land For Sale

342 Morehead Avenue, Ridgeway, VA 24148

$188,000
2.68 AC lot

2.68 acres on Morehead Ave in Ridgeway, VA.

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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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for multifamily properties in Montvale, VA start at $499,000, averaging $499,000, and reaching up to $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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bedford County

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