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    Willis, VA
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    Willis, VA Multifamily Properties for Sale

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    Dugspur, VA Laurel Fork, VA Meadows Of Dan, VA
    Remodeled Duplex in Willis, VA
    $189,000
    Remodeled Duplex in Willis, VA

    5656 Floyd Highway, Willis, VA 24380

    Remodeled duplex with two units in Willis, Virginia.
    • Investment opportunity with two separate units.
    • Unit A: 3 bedrooms / 1.5 bathrooms; Unit B: 2 bedrooms / 1 bathroom.
    • Individual electric meters for each unit.
    • Remodeled structure.
    • Walking distance to Willis Village Mart, Jim's Grill, post office, and bank.
    Updated: Oct 1, 2024
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    General Commercial
    $179,000
    2,088 SF
    General Commercial

    110 Merifield Road, Willis, VA 24380

    Duplexes · 2,088 SF
    • Proven cash flow investment property generating approximately $24,600 annually.
    • Remodeled and updated in 2021 (exterior) and 2022 (interior).
    • Features two units: one 1 BDR/1 BTH and one 2 BDR/1 BTH.
    • Currently occupied with tenants agreeable to stay.
    • Split units provide individual heat and air conditioning.
    Updated: Sep 25, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Willis, 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 Multifamily Portfolio
    $1,600,000
    8,263 SF
    Side-by-Side Multifamily Portfolio

    Five R-4 zoned homes with current rental income and walkability to Radford University.

    1201 - 1217 Fairfax Street, Radford, VA 24141

    View details
    Radford Triplex with Updated Unit
    $214,900
    2,104 SF
    Radford Triplex with Updated Unit

    Triplex with two separate utility metered units plus a recently refreshed two-bedroom apartment ready for occupancy.

    1201 4TH Street, Radford, VA 24141

    View details
    Historic Mixed-Use Building
    $249,000
    0.12 Acres
    Historic Mixed-Use Building

    Historic building with restored interior details, flexible office and residential layout, and a central tower with views.

    110 N Washington Avenue, Pulaski, VA 24301

    View details
    East Main Street Redevelopment Opportunity
    $725,000
    12,760 SF
    East Main Street Redevelopment Opportunity

    Versatile 12,500 SF building with redevelopment potential on Main Street.

    65 E Main St, Pulaski, VA 24301

    View details

    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.

    Wooded Corner Lot in Fancy Gap
    Contact for pricing
    0.40 Acres
    Wooded Corner Lot in Fancy Gap

    Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

    Apache Trail lot: 8, Fancy Gap, VA 24328

    View details
    Getaway Near Blue Ridge Parkway
    $38,900
    0.20 Acres
    Getaway Near Blue Ridge Parkway

    RV and bunk house near Blue Ridge Parkway and Music Center.

    4 Starview Ln. lot: 6, Galax, VA 24333

    View details
    Unrestricted Land Parcel in Surry
    Contact for pricing
    2.13 Acres
    Unrestricted Land Parcel in Surry

    2.13 acre unrestricted land parcel in Surry County, NC.

    00 E Pine Street, Mount Airy, NC 27030

    View details
    Income-Generating Property on 8+ Acres
    $525,000
    8.29 Acres
    Income-Generating Property on 8+ Acres

    8.29 acres with 10 mobile homes and 1 house.

    134/190 Galilee Church Road, Wytheville, VA 24382

    View details

    Willis, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Willis, VA on our real estate platform. These investment opportunities span a total of 2,088 square feet of properties for sale, with an estimated market value of $179,000.

    Sale prices for multifamily properties in Willis, VA start at $179,000, averaging $179,000, and reaching up to $179,000 — 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

    Duplexes 2

    Demographics Overview

    Population 2,998
    Population Growth (5Y) +15.3%
    Median Household Income $50,246
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24380 $184K

    Taxes & Financing

    Tax Rate (average for all types) 0.65%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Willis, VA

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