Residential Income

Amherst, VA Residential Income Properties for Sale

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Historic Bed & Breakfast Estate
Updated: Apr 24
Historic Bed & Breakfast Estate

2416 Lowesville Road, Amherst, VA 24521

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5,265 sqft
1867 Italianate estate listed on the National Historic Registry
Main residence includes 6 bedrooms and 6 full bathrooms
Two fully separate guest houses included
Mountain views throughout the estate
Formal living and dining areas in the main residence
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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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Amherst, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Spacious Duplex Property
Spacious Duplex Property

1609 Rivermont Ave, Lynchburg, VA 24503

$349,900
3,267 sqft

Two-unit residential income property with substantial living areas and an owner-occupant configuration.

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Commercial Land with Parking Lot Authorization
Commercial Land with Parking Lot Authorization

3956 S Amherst, Madison Heights, VA 24572

$899,000
2.27 AC lot

Commercially zoned, flat land with VDOT authorization to develop a parking lot in a highly visible area.

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Historic 10-Unit Apartment Property
Historic 10-Unit Apartment Property

3024 Rivermont Avenue, Lynchburg, VA 24503

$749,900
8,697 sqft

1904 multifamily property with updated electrical service, individual mini-split systems, and off-street parking.

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Mixed-Use Property with 2 Rental Units
Mixed-Use Property with 2 Rental Units

4104 S Amherst Hwy, Madison Heights, VA 24572

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Commercial space accompanies two residential units and two garage/storage buildings.

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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.

62 Acres in Amherst, VA
62 Acres in Amherst, VA

62-Acres Grandmas Hill Road, Amherst, VA 24521

$275,000
62.02 AC lot

62-acre wooded land with creek and homesite options.

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Amherst Land with Mountain Views
Amherst Land with Mountain Views

Puppy Creek, Amherst, VA 24521

$119,900
24.30 AC lot

24.3 acres in Amherst, perfect for building your dream home.

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Arrington, VA - Building Lots
Arrington, VA - Building Lots

THOMAS NELSON HWY lot: 76-11-1E, Arrington, VA 22922

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1.00 AC lot

One-acre parcel in Nelson County, ideal for a country home.

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LOVINGSTON, VA Building Lots
LOVINGSTON, VA Building Lots

DAVIS CREEK LN, Lovingston, VA 22949

$119,999
10.97 AC lot

10.97 acre lot perfect for building or hunting.

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Off-Market Properties in Amherst, VA

Consider similar Off-Market properties in Amherst, 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.

192 Opus Ln
Land

192 Opus Ln, Amherst, VA 24521

Value Estimation by Request
93.20 AC lot
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Amherst, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Amherst, VA on our real estate platform. These investment opportunities span a total of 5,265 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 10K
Population Growth (5Y) -0.9%
Median Household Income $69,077
College Educated 38.2%

Taxes & Financing

Tax Rate (average for all types) 0.61%
Property Tax per SF $13.98 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Amherst County

New Delisted

Total CRE Inventory on Market (SF)

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