Residential Income

Elliston, VA Residential Income Properties for Sale

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Salem, VA Shawsville, VA Roanoke, VA
Versatile Property Near Virginia Tech
Updated: Mar 8, 2025
Versatile Property Near Virginia Tech

2351 Reese Mountain Rd, Elliston, VA 24087

$449,900
7.20 AC lot
7.2‑acre property with two brick homes and private, mostly fenced land
Main home built in 1966 with central air, heat pump/electric heating, and basement
Main home has unfinished square footage plus hardwood floors and a whole‑house generator
Outdoor features include an outdoor wood furnace and tool shed/outdoor storage
Second brick home on the property, offering rental income potential
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Elliston, 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.

Updated Duplex with In-Law Suite
Updated Duplex with In-Law Suite

2502 WESTOVER Ave SW, Roanoke, VA 24015

$349,950

Updated two-unit residence offers flexible layout with a separate basement entrance and a powered, heated 3-car garage.

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Blacksburg Commercial Property For Sale
Blacksburg Commercial Property For Sale

1107 N Main St, Blacksburg, VA 24060

$3,480,000
1.19 AC lot

Main Street location near Virginia Tech with development potential.

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Duplex with Private Level Back Yard
Duplex with Private Level Back Yard

1760 Elbert Drive, Unit 1762, Roanoke, VA 24018

$340,000
12,632 sqft

Two-unit income property with private yard and off-street parking, suited for investor or owner-occupant.

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Former Ski Shop Mixed-Use Property
Former Ski Shop Mixed-Use Property

3712 S Main Street, Blacksburg, VA 24060

$1,800,000
1.27 AC lot

Includes a 4,000-sq-ft office building and two residential structures, positioned near a major medical facility.

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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.

Residential Land in Blacksburg, VA
Residential Land in Blacksburg, VA

1240 FALCON RIDGE Road, Blacksburg, VA 24060

$169,900
3.12 AC lot

Residential land for sale in Blacksburg, Virginia.

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Roanoke Land Parcel For Sale
Roanoke Land Parcel For Sale

7248 Carriage Hills Dr, Roanoke, VA 24018

$45,600
0.81 AC lot

0.81 acre lot approved for septic and utilities.

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Roanoke Land Parcel For Sale
Roanoke Land Parcel For Sale

7232 Carriage Hills Dr, Roanoke, VA 24018

$45,600
0.91 AC lot

Residential land in Roanoke, approved for septic and utilities.

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Ready-to-Build Vacant Lot
Ready-to-Build Vacant Lot

OM Ln lot: 6, Salem, VA 24153

$180,000
0.41 AC lot

Vacant lot in River Oaks area, ready for new construction.

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Off-Market Properties in Elliston, VA

Consider similar Off-Market properties in Elliston, 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.

5215 Brookman Dr
MOBILE HOME PARK, TRAILER PARK

5215 Brookman Dr, Elliston, VA 24087-3413

Value Estimation by Request
2.80 AC lot
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Elliston, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Elliston, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $449,900.

Sale prices for residential income properties in Elliston, VA start at $449,900, averaging $449,900, and reaching up to $449,900 — 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

Single family properties 1

Demographics Overview

Population 3,948
Population Growth (5Y) -8.7%
Median Household Income $42,631
College Educated 18.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24087 $449.9K

Taxes & Financing

Tax Rate (average for all types) 0.01%
Property Tax per SF $0.15 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

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