Multifamily

Palmyra, VA Multifamily Properties for Sale

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Troy, VA Fork Union, VA Kents Store, VA Columbia, VA Scottsville, VA Charlottesville, VA Bremo Bluff, VA Louisa, VA
8-Unit Apartment Building
Updated: Apr 10
8-Unit Apartment Building

44 Fawn Lake Lane, Palmyra, VA 22963

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7.28 AC lot
8‑unit apartment property with 8 two‑bedroom, two‑bath units
Each unit offers 800 SF; property built in 1978
Renovations completed in 2010 with updated features in each unit
Fawn Lake Apartments on 7.28 acres just outside the town of Fork Union, VA
Location sits about halfway between Charlottesville and Richmond and minutes south of Lake Monticello
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Palmyra, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Equipped Medical Office
Equipped Medical Office

4064 James Madison Hwy, Fork Union, VA 23055

$1,060,000
4,778 sqft

Built-out clinical space includes an on-site lab, equipment, and a fully leased four-unit residence.

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Duplex Property with Singlewide Home
Duplex Property with Singlewide Home

3359 S Constitution Route, Dillwyn, VA 23936

$215,000
1,524 sqft 3.00 AC lot

Three-acre residential income property includes a duplex and a singlewide residence with room for updates and outdoor use.

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Triplex Property with Duplex and Singlewide
Triplex Property with Duplex and Singlewide

3359 S CONSTITUTION RTE, Dillwyn, VA 23936

$175,000
1,524 sqft 3.18 AC lot

Duplex plus singlewide on a private parcel with well water and septic, plus heat pump, electric, and solar heating.

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Medical Office with 4-Unit Rental
Medical Office with 4-Unit Rental

4064 James Madison Highway, Fork Union, VA 23055

$1,060,000
3.19 AC lot

Purpose-built healthcare facility paired with occupied residential units, highway frontage, accessible design, and on-site parking.

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Palmyra, VA Multifamily Properties Market Trends and Statistics

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

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 17K
Population Growth (5Y) +4.8%
Median Household Income $100,761
College Educated 60.3%

Taxes & Financing

Tax Rate (average for all types) 0.84%
Property Tax per SF $21.22 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fluvanna County

New Delisted

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