Multifamily

Raven, VA Multifamily Properties for Sale

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Raven, VA Investment Opportunity
Updated: Mar 10
Raven, VA Investment Opportunity

176 Redwood Drive lot: 0024, Raven, VA 24639

$59,900
0.73 AC lot
Investment opportunity with two established, rentable mobile home lots
0.725‑acre property offering income potential
Free‑standing garage included for storage or workspace
Public water connection
Private sewer (septic tank)
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Multi-Use Garage and Rental Building
Updated: Jan 1, 2025
Multi-Use Garage and Rental Building

110 Redwood Drive, Raven, VA 24639

$275,000
3,616 sqft
Multi‑use building with 3‑bay commercial garage plus 7 residential rental units; all units currently rented
3‑bay garage was previously an auto repair garage and state inspection sticker station; much of the equipment remains
Garage is over 1,600 SF and includes heated office and a half bath; storage included
Residential units include six apartments (384 +/- SF of various sizes) plus a singlewide mobile home
All units are connected to public water and sewage
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Mobile Home Park Investment Property
Mobile Home Park Investment Property

176 Redwood Dr, Raven, VA 24639

$59,900
0.73 AC lot

Two established rentable mobile home lots on 0.725 acres, with public water and private sewer, plus a free-standing garage.

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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 14 Potential Opportunities for your consideration. Besides 3 Active listings in Raven, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Remodeled Quadplex with Deck
Remodeled Quadplex with Deck

31157 Princeton Avenue, Meadowview, VA 24361

$499,900
1,988 sqft 0.47 AC lot

Four private apartments include kitchens, living areas, full bathrooms, and individual mini-split systems.

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Triplex Singlewide Mobile Homes with Decks
Triplex Singlewide Mobile Homes with Decks

28497 Kenwood Dr, Meadowview, VA 24361

$209,900
0.38 AC lot

Triplex on R2 zoning with three occupied singlewide homes, newer interior finishes, and both open and covered decks.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

730 Burley Dr, Saltville, VA 24370

Contact for pricing
1,120 sqft 13.64 AC lot

Mobile home park with expansion potential in Smyth County, VA.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

730 Burley Dr, Saltville, VA

Contact for pricing
13.64 AC lot

Mobile home park for sale in Smyth County, Virginia.

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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.

Scenic Land with Mountain Views
Scenic Land with Mountain Views

Summit Avenue, Lebanon, VA 24266

Contact for pricing
1.10 AC lot

1.1 acres of land near Lebanon, VA, perfect for building.

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Mobile Home Park Development Land
Mobile Home Park Development Land

Childress Rd, Mouthcard, KY 41548

$106,000
98.00 AC lot

Rural residential property with public water, private septic, and existing rented mobile home spots on a paved driveway.

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Abingdon, VA Building Lot
Abingdon, VA Building Lot

1.77 AC Twin Oaks Rd lot: 2, Abingdon, VA 24211

$54,900
1.77 AC lot

1.77-acre building lot near South Holston Lake.

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Abingdon Land Near South Holston
Abingdon Land Near South Holston

1.80 AC Twin Oaks Rd lot: 1, Abingdon, VA 24211

$54,900
1.80 AC lot

1.8-acre building lot near amenities and South Holston Lake.

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Off-Market Properties in Raven, VA

Consider similar Off-Market properties in Raven, 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.

1007 Marvin Rd
MOBILE HOME PARK, TRAILER PARK

1007 Marvin Rd, Raven, VA 24639-8495

$305,000
Estimated value
1,448 sqft 1.14 AC lot
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235 Btm Rd
APARTMENT HOUSE (UNDER 5 UNITS)

235 Btm Rd, Raven, VA 24639-9658

$165,000
Estimated value
1,125 sqft
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200 Btm Rd
APARTMENT HOUSE (UNDER 5 UNITS)

200 Btm Rd, Raven, VA 24639-9657

$275,000
Estimated value
2,976 sqft 0.45 AC lot
View details

Raven, VA Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Raven, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,616 square feet of properties for sale, with an estimated market value of $394,800.

Sale prices for multifamily properties in Raven, VA start at $59,900, averaging $131,600, and reaching up to $275,000 — 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

Mobile home & RV parks 2
Apartment buildings 1

Demographics Overview

Population 3,432
Population Growth (5Y) +10.6%
Median Household Income $43,380
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24639 $131.6K

Taxes & Financing

Tax Rate (average for all types) 0.49%
Property Tax per SF $7.96 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

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