Multifamily

Rustburg, VA Multifamily Properties for Sale

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Lynchburg, VA Evington, VA Gladys, VA Concord, VA Forest, VA Madison Heights, VA Spout Spring, VA Altavista, VA
Augusta Springs Patio Home Pad
Updated: Jul 31, 2025
Augusta Springs Patio Home Pad

0-Block 7 Zion Place, Rustburg, VA 24588

$249,900
0.33 AC lot
Opportunity for builders and investors
3‑unit patio home pad
Located in the desirable Augusta Springs Development
Cable available
Location coordinates provided: [-79.17263,37.25438]
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Two-Unit Duplex with Private Decks
Updated: Mar 13
Two-Unit Duplex with Private Decks

2618 Sunnymeade Road, Unit A&B, Rustburg, VA 24588

$499,900
2,650 sqft
2,650‑SF duplex with two residential units
Each unit includes 3 bedrooms and 2.5 baths
Built in 2024 and zoned R2
Approximately 7 minutes from Liberty University
Granite counters, tile backsplashes, and stainless‑steel appliances in each kitchen
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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Rustburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Duplex with Heat Pump HVAC
Duplex with Heat Pump HVAC

289 Independence Circle, Forest, VA 24551

$285,000
1,850 sqft 0.46 AC lot

Duplex built in 1979 on a 0.459-acre lot with heat pump systems and two income units.

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Multifamily Property
Multifamily Property

289 Independence Circle, Forest, VA 24551

$285,000
1,850 sqft

Established multifamily asset in Forest, Virginia, with a 1979 construction date.

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Multifamily Property
Multifamily Property

245 Deer Creek Drive, Lynchburg, VA 24502

$279,000
1,664 sqft

Established multifamily property constructed in 1981.

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Brick Quadplex with Recent Updates
Brick Quadplex with Recent Updates

157 Oak Hill Drive, Lynchburg, VA 24502

Contact for pricing

Separately metered apartments include washer/dryer hookups, off-street parking, and a varied bedroom mix.

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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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Rustburg, VA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Rustburg, VA on our real estate platform. These investment opportunities span a total of 2,650 square feet of properties for sale, with an estimated market value of $749,800.

Sale prices for multifamily properties in Rustburg, VA start at $249,900, averaging $374,900, and reaching up to $499,900 — 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 1
Triplexes 1

Demographics Overview

Population 8,664
Population Growth (5Y) -13.2%
Median Household Income $68,869
College Educated 34.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24588 $574.9K

Taxes & Financing

Tax Rate (average for all types) 0.45%
Property Tax per SF $17.34 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Campbell County

New Delisted

Total CRE Inventory on Market (SF)

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