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    Fairfield, VA Residential Income Properties for Sale

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    Raphine, VA Lexington, VA Rockbridge Baths, VA
    Fairfield Multifamily Property with Apartments
    $749,000
    7,367 SF
    Fairfield Multifamily Property with Apartments

    45 NE Castle Court, Fairfield, VA 24435

    Six-unit apartment building in Fairfield, Virginia, with conversion potential.
    • Four 3‑bedroom units offer significant rental income potential.
    • Two efficiency units provide additional income streams.
    • Public water and sewer connections offer convenience.
    • Heat pump cooling provides efficient climate control.
    • Security lighting enhances safety.
    Updated: Jul 25, 2025
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfield, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Historic Residence in Downtown Lexington
    $989,000
    3,302 SF
    Historic Residence in Downtown Lexington

    Turn-key residential opportunity in Lexington's C1 commercial zone.

    111 S Jefferson St, Lexington, VA 24450

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    Fully Occupied Mixed-Use Portfolio
    $3,200,000
    22,816 SF
    Fully Occupied Mixed-Use Portfolio

    Stabilized mixed-use portfolio in Staunton, Virginia with zero vacancy.

    632 CHARLES ST, Staunton, VA 24401

    View details
    Lexington Duplex Near Downtown
    $439,900
    1,800 SF
    Lexington Duplex Near Downtown

    Duplex in Lexington, walking distance to downtown, investment opportunity.

    220 S Main St, Lexington, VA 24450

    View details
    Four-Unit Apartment Building with Metal Roof
    $399,000
    2,214 SF
    Four-Unit Apartment Building with Metal Roof

    Fully occupied four-unit building with updated metal roof, gutters, and vinyl replacement windows.

    1229 STACK ST, Staunton, VA 24401

    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.

    Fairfield, VA Residential Land
    $114,000
    5.67 Acres
    Fairfield, VA Residential Land

    5.67 acres in Rockbridge County with mountain views.

    5.67 Acres Still Waters Ln, Fairfield, VA 24435

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    Residential Building Lot in Raphine
    $89,000
    0.50 Acres
    Residential Building Lot in Raphine

    Residential building lot available in Raphine, Virginia.

    Lot 15 WATERFRONT DR, Raphine, VA 24472

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    Large Acreage Near I-81
    $3,500,000
    129.00 Acres
    Large Acreage Near I-81

    130+ acres near I-81 with high visibility and accessibility.

    N Lee 11 Highway, Lexington, VA 24450

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    Land with Building Solution
    $70,000
    4.26 Acres
    Land with Building Solution

    4.26 acres ready for building with utilities in place.

    615 Stoney Run Road, Buena Vista, VA 24416

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    Off-Market Properties in Fairfield, VA

    Consider similar Off-Market properties in Fairfield, 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.

    3889 Lee Hwy
    APARTMENT HOUSE (5+ UNITS)
    3,900 SF Lot: 2.89 Acres
    Estimated value
    $910,000

    3889 Lee Hwy, Fairfield, VA 24435-2235

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    150 Hidden Holw Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,754 SF Lot: 16.01 Acres
    Estimated value
    $545,000

    150 Hidden Holw Ln, Fairfield, VA 24435-2727

    View details
    6050 Lee Hwy
    APARTMENT HOUSE (5+ UNITS)
    4,740 SF Lot: 1.53 Acres
    Value Estimation by Request

    6050 Lee Hwy, Fairfield, VA 24435-2514

    View details

    Fairfield, VA Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Fairfield, VA on our real estate platform. These investment opportunities span a total of 7,367 square feet of properties for sale, with an estimated market value of $749,000.

    Sale prices for residential income properties in Fairfield, 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
    Multifamily properties 1

    Demographics Overview

    Population 1,666
    Population Growth (5Y) -27.0%
    Median Household Income $66,620
    College Educated 64.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24435 $749K

    Listings Trend

    New vs delisted commercial listings in Rockbridge County

    New Delisted

    Total CRE Inventory on Market (SF)

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