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    Waynesboro, VA Multifamily Properties for Sale

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    Assisted Living Conversion Property
    Updated: May 20
    Assisted Living Conversion Property

    8 RAINBOW LN, Waynesboro, VA 22980

    $749,000
    8,556 sqft 4.48 AC lot
    Recently approved change of use for multifamily‑assisted living operations for the next two years
    Former assisted living facility with approx. 8,156 SF across four buildings and 14 residential units
    Unit mix: 6 private rooms with half baths, 7 private rooms with full baths, and 1 private apartment for on‑site management or owner occupancy
    Full generator, commercial‑grade kitchen, and large communal dining and gathering areas
    Laundry/shower facilities and private office space included
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Waynesboro, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Mixed-Use Income Portfolio
    Mixed-Use Income Portfolio

    630-634 CHARLES ST, Staunton, VA 24401

    $3,100,000
    22,816 sqft 1.92 AC lot

    Fully occupied mixed-use portfolio in a historic district, combining commercial units and multifamily residential units totaling 29 units.

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    Fully Leased Mixed-Use Building
    Fully Leased Mixed-Use Building

    102 W BEVERLEY ST, Staunton, VA 24401

    $499,000
    3,446 sqft 0.05 AC lot

    Three-story mixed-use building with two updated residential apartments and street-level retail space leased long term.

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    Doublewide Mobile Home Park
    Doublewide Mobile Home Park

    15, 17, 25, 37 HAYFIELD LN, Fort Defiance, VA 24437

    $1,430,000
    7,040 sqft 36.46 AC lot

    Four doublewides on shared-well service, currently fully rented, on a large parcel for flexible use.

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    Doublewide Park and Acreage
    Doublewide Park and Acreage

    15,17,25,37 HAYFIELD LN, Fort Defiance, VA 24437

    $1,430,000
    36.46 AC lot

    Fort Defiance acreage with four doublewides and shared well service, currently fully rented.

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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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    Blackstone VA Land Opportunity
    Blackstone VA Land Opportunity

    Nottoway Ave lot: 9, Blackstone, VA 23824

    $274,900
    37.53 AC lot

    37.53 acres in Blackstone, VA with development potential.

    View details
    Two Acre Buildable Wooded Lot
    Two Acre Buildable Wooded Lot

    23RA Vessels Road, King William, VA 23126

    $70,000
    2.00 AC lot

    Two-acre wooded lot, ideal for building a dream home.

    View details

    Off-Market Properties in Waynesboro, VA

    Consider similar Off-Market properties in Waynesboro, 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.

    260 Commerce Ave
    APARTMENT HOUSE (5+ UNITS)

    260 Commerce Ave, Waynesboro, VA 22980-5139

    $610,000
    Estimated value
    16,900 sqft 0.52 AC lot
    View details
    825 Pne Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    825 Pne Ave, Waynesboro, VA 22980-4950

    Value Estimation by Request
    3,616 sqft
    View details
    1101 Reservoir St
    APARTMENT HOUSE (5+ UNITS)

    1101 Reservoir St, Waynesboro, VA 22980-4177

    $1,610,000
    Estimated value
    64,572 sqft 2.98 AC lot
    View details
    301 Florence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    301 Florence Ave, Waynesboro, VA 22980-3837

    Value Estimation by Request
    2,224 sqft
    View details
    1115 Reservoir St
    APARTMENT HOUSE (5+ UNITS)

    1115 Reservoir St, Waynesboro, VA 22980-4148

    $1,000,000
    Estimated value
    10,672 sqft 11.72 AC lot
    View details
    1710 Ivy St
    APARTMENT HOUSE (5+ UNITS)

    1710 Ivy St, Waynesboro, VA 22980-2567

    $1,790,000
    Estimated value
    8,584 sqft 1.99 AC lot
    View details
    348 Prt Republic Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    348 Prt Republic Rd, Waynesboro, VA 22980-3803

    Value Estimation by Request
    3,324 sqft
    View details
    520 Pne Ave
    APARTMENT HOUSE (5+ UNITS)

    520 Pne Ave, Waynesboro, VA 22980-4858

    Value Estimation by Request
    3,696 sqft
    View details
    444 Wayne Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    444 Wayne Ave, Waynesboro, VA 22980-4766

    Value Estimation by Request
    4,840 sqft
    View details
    143 Elkin Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    143 Elkin Ave, Waynesboro, VA 22980-5153

    Value Estimation by Request
    2,592 sqft
    View details
    253 Augusta Ave
    APARTMENT HOUSE (5+ UNITS)

    253 Augusta Ave, Waynesboro, VA 22980-5036

    Value Estimation by Request
    5,376 sqft
    View details
    260 Prt Republic Rd
    APARTMENT HOUSE (5+ UNITS)

    260 Prt Republic Rd, Waynesboro, VA 22980-3943

    Value Estimation by Request
    3,776 sqft
    View details
    605 Hamlet Ave
    APARTMENT HOUSE (5+ UNITS)

    605 Hamlet Ave, Waynesboro, VA 22980-4296

    $1,125,000
    Estimated value
    9,408 sqft
    View details
    1324 Hamlet Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1324 Hamlet Ave, Waynesboro, VA 22980-3059

    Value Estimation by Request
    3,018 sqft
    View details
    253 Bookerdale Rd
    APARTMENT HOUSE (5+ UNITS)

    253 Bookerdale Rd, Waynesboro, VA 22980-1656

    $1,730,000
    Estimated value
    19,504 sqft 2.05 AC lot
    View details
    401 Market Ave
    APARTMENT HOUSE (5+ UNITS)

    401 Market Ave, Waynesboro, VA 22980-4725

    Value Estimation by Request
    10,534 sqft 0.69 AC lot
    View details
    160 Dupont Blvd
    APARTMENT HOUSE (5+ UNITS)

    160 Dupont Blvd, Waynesboro, VA 22980-5037

    Value Estimation by Request
    3,496 sqft 0.16 AC lot
    View details
    162 Dupont Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    162 Dupont Blvd, Waynesboro, VA 22980-5038

    Value Estimation by Request
    4,902 sqft 0.27 AC lot
    View details
    1325 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1325 Main St, Waynesboro, VA 22980-2443

    Value Estimation by Request
    3,780 sqft 0.29 AC lot
    View details
    231 Prt Republic Rd
    APARTMENT HOUSE (5+ UNITS)

    231 Prt Republic Rd, Waynesboro, VA 22980-3900

    $1,305,000
    Estimated value
    11,561 sqft 0.78 AC lot
    View details
    1423 Madison St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1423 Madison St, Waynesboro, VA 22980-2403

    Value Estimation by Request
    2,475 sqft
    View details
    845 Highland Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    845 Highland Ave, Waynesboro, VA 22980-6059

    Value Estimation by Request
    3,120 sqft
    View details
    403 Florence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    403 Florence Ave, Waynesboro, VA 22980-3825

    Value Estimation by Request
    3,602 sqft
    View details

    Waynesboro, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Waynesboro, VA on our real estate platform. These investment opportunities span a total of 8,556 square feet of properties for sale, with an estimated market value of $749,000.

    Sale prices for multifamily properties in Waynesboro, VA start at $749,000, averaging $749,000, and reaching up to $749,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +2.9%
    Median Household Income $63,176
    College Educated 35.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.73%
    Property Tax per SF $9.94 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Waynesboro city

    New Delisted

    Total CRE Inventory on Market (SF)

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