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    Danville, VA
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    Danville, VA Residential Income Properties for Sale

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    Providence, NC Ringgold, VA Pelham, NC Blanch, NC Blairs, VA Milton, NC Yanceyville, NC Alton, VA
    Six-Unit Apartment Property
    Updated: Jul 9
    Six-Unit Apartment Property

    2677-& 2689 Old Richmond Road, Danville, VA 24540

    $589,900
    5,312 sqft 0.95 AC lot
    Six total apartment units across two adjacent buildings
    All units are configured as 2BR/1.5BA apartments
    5,312 square feet on a 0.95‑acre site
    New roof, updated windows, and new HVAC systems within the last 5 years
    One shared water meter; landlord pays water, trash, and lawn care
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    This listing looks promising.

    Here's a quick look at some key insights for

    2677-& 2689 Old Richmond Road, Danville, VA 24540

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $463K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1971
    View Property Analytics
    Multifamily Development Parcel
    Updated: Apr 11
    Multifamily Development Parcel

    234 Jenny Ln, Danville, VA 24541

    Contact for pricing
    Development parcel in Flood Zone X
    Water and sewer provided by the City of Danville
    Preliminary site plan approval
    New Caesars Casino development about 5 miles away
    View details
    Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 2 Active listings in Danville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 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 Brick Building
    Mixed-Use Brick Building

    101 S Scales Street, Reidsville, NC 27320

    $329,900
    9,271 sqft 0.21 AC lot

    CB/RD-zoned property with grandfathered apartments and a commercial presence in downtown Reidsville.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1230 Ridge Ave, Eden, NC 27288

    $224,900

    Three apartments have one-bedroom layouts, while the fourth unit may accommodate three bedrooms or business and retail use.

    View details
    Mixed-Use Building with Retail Frontage
    Mixed-Use Building with Retail Frontage

    105 Gilmer St, Reidsville, NC 27320

    $125,000

    1922 building combines three apartments with a separately accessed commercial area requiring completion before occupancy.

    View details
    Income Producing Mixed-Use Property
    Income Producing Mixed-Use Property

    600 Washington Street, Eden, NC 27288

    $875,000

    Mixed-use property with retail and residential units in Eden, NC.

    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.

    26 Acres Multifamily Development Opportunity
    26 Acres Multifamily Development Opportunity

    234 Eastwood Dr, Danville, VA 24540

    Contact for pricing
    26.00 AC lot

    26 acres zoned for high-density multifamily development with utilities.

    View details
    Cleared Land Near Caesars Casino
    Cleared Land Near Caesars Casino

    DEER RUN RD, Danville, VA 24540

    $4,300,000
    63.00 AC lot

    63-acre cleared land suitable for residential or commercial development.

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    Danville, VA Building Lot
    Danville, VA Building Lot

    AFTON RD, Danville, VA 24540

    Contact for pricing
    0.73 AC lot

    Residential land for sale in Danville, Virginia.

    View details
    Danville, VA Building Lot
    Danville, VA Building Lot

    AFTON RD, Danville, VA 24540

    Contact for pricing
    0.73 AC lot

    Excellent 0.73 acre building lot in a great location.

    View details

    Off-Market Properties in Danville, VA

    Consider similar Off-Market properties in Danville, 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.

    449 Gilbert Dr
    MOBILE HOME PARK, TRAILER PARK

    449 Gilbert Dr, Danville, VA 24540-5192

    $140,000
    Estimated value
    0.71 AC lot
    View details
    Gilbert Dr
    MOBILE HOME PARK, TRAILER PARK

    Gilbert Dr, Danville, VA 24540

    $140,000
    Estimated value
    1.73 AC lot
    View details
    135 Reuben Ct
    MOBILE HOME PARK, TRAILER PARK

    135 Reuben Ct, Danville, VA 24541-5096

    $100,000
    Estimated value
    5.98 AC lot
    View details
    1111 Main St
    BOARDING/ROOMING HOUSE

    1111 Main St, Danville, VA 24540-4433

    $160,000
    Estimated value
    3,087 sqft 0.38 AC lot
    View details
    180 Liberty Bell Ct
    MOBILE HOME PARK, TRAILER PARK

    180 Liberty Bell Ct, Danville, VA 24541-5466

    $75,000
    Estimated value
    6.38 AC lot
    View details
    553 Lands End Rd
    MOBILE HOME PARK, TRAILER PARK

    553 Lands End Rd, Danville, VA 24541-7231

    $275,000
    Estimated value
    19.05 AC lot
    View details
    180 Lamberth Dr
    MOBILE HOME PARK, TRAILER PARK

    180 Lamberth Dr, Danville, VA 24541-5460

    $240,000
    Estimated value
    4.31 AC lot
    View details
    134 Piney Frst Rd
    BOARDING/ROOMING HOUSE

    134 Piney Frst Rd, Danville, VA 24540-4191

    $2,495,000
    Estimated value
    32,377 sqft 1.49 AC lot
    View details
    260 Eastwood Dr
    MOBILE HOME PARK, TRAILER PARK

    260 Eastwood Dr, Danville, VA 24540-4948

    $270,000
    Estimated value
    9.16 AC lot
    View details
    231 Indian Vly Rd
    MOBILE HOME PARK, TRAILER PARK

    231 Indian Vly Rd, Danville, VA 24541-7123

    $340,000
    Estimated value
    2.49 AC lot
    View details
    230 Rocky Ln
    MOBILE HOME PARK, TRAILER PARK

    230 Rocky Ln, Danville, VA 24540-1570

    $65,000
    Estimated value
    1.42 AC lot
    View details
    313 Church St
    BOARDING/ROOMING HOUSE

    313 Church St, Danville, VA 24540

    $260,000
    Estimated value
    2,424 sqft 0.34 AC lot
    View details
    601 Main St
    BOARDING/ROOMING HOUSE

    601 Main St, Danville, VA 24541-1319

    $1,710,000
    Estimated value
    30,494 sqft 0.35 AC lot
    View details
    120 Old Piney Frst Rd
    MOBILE HOME PARK, TRAILER PARK

    120 Old Piney Frst Rd, Danville, VA 24540-2579

    $365,000
    Estimated value
    1,704 sqft 10.15 AC lot
    View details
    474 Greentree Rd
    MOBILE HOME PARK, TRAILER PARK

    474 Greentree Rd, Danville, VA 24541-6430

    $260,000
    Estimated value
    0.30 AC lot
    View details
    778 Halifax Rd
    MOBILE HOME PARK, TRAILER PARK

    778 Halifax Rd, Danville, VA 24540-4842

    $285,000
    Estimated value
    15.11 AC lot
    View details
    803 Main St
    BOARDING/ROOMING HOUSE

    803 Main St, Danville, VA 24540-4439

    $355,000
    Estimated value
    4,262 sqft 0.23 AC lot
    View details
    1020 Main St
    BOARDING/ROOMING HOUSE

    1020 Main St, Danville, VA 24541-1816

    $290,000
    Estimated value
    5,160 sqft 0.31 AC lot
    View details
    4374 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4374 Westover Dr, Danville, VA 24541-6853

    $270,000
    Estimated value
    1.31 AC lot
    View details
    4010 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4010 Westover Dr, Danville, VA 24541-6742

    $350,000
    Estimated value
    900 sqft 23.83 AC lot
    View details
    800 Main St
    Land

    800 Main St, Danville, VA 24541

    Value Estimation by Request
    0.28 AC lot
    View details
    4015 Westover Dr
    MOBILE HOME PARK, TRAILER PARK

    4015 Westover Dr, Danville, VA 24541-6743

    $320,000
    Estimated value
    2,046 sqft 9.95 AC lot
    View details

    Danville, VA Residential Income Properties Market Trends and Statistics

    Explore 42 residential income properties for sale in Danville, VA on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $589,900.

    Sale prices for residential income properties in Danville, VA average $589,900 — 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

    Multifamily properties 2
    Apartment buildings 1
    Single family properties 1

    Demographics Overview

    Population 60K
    Population Growth (5Y) +2.4%
    Median Household Income $48,191
    College Educated 13.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24540 $599.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.77%
    Property Tax per SF $13.80 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Danville city

    New Delisted

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