Residential Income

Ferrum, VA Residential Income Properties for Sale

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Residential Income Property with Replacement Windows
Updated: Sep 2, 2025
Residential Income Property with Replacement Windows

2820 Sawmill Rd, Ferrum, VA 24088

$149,900
1.19 AC lot
Built in 1950 with shingle roof
Replacement windows and vinyl siding
Heating includes natural gas and a heat pump; cooling provided by heat pump
Interior flooring includes carpet, vinyl, and wood
Kitchen plus picnic shelter on the property
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Ferrum, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Duplex with Detached Garage Apartment
Duplex with Detached Garage Apartment

114 W CHURCH St, Rocky Mount, VA 24151

$399,999
0.35 AC lot

CBD-zoned property combines a primary residence with a separate apartment above a detached garage.

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Duplex with Detached Garage Apartment
Duplex with Detached Garage Apartment

114 W CHURCH St, Rocky Mount, VA 24151

$399,999
0.35 AC lot

CBD zoning permits offices, retail, salons, cultural venues, and other approved commercial uses.

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26-Lot Mobile Home Park
26-Lot Mobile Home Park

15 Spruce Pine Lane, Bassett, VA 24055

$274,900
373,744 sqft

Tenant-owned homes occupy part of the park, which is served by public water and private septic systems.

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House and Mobile Home Park
House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000

House and established mobile home park with monthly cash flow.

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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.

Recreational Land in Gated Community
Recreational Land in Gated Community

Scotch Pine Dr lot: 360 & 365, Copper Hill, VA 24079

Contact for pricing
0.68 AC lot

Two adjoining lots in a gated community with amenities.

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Mostly Level Waterfront Corner Lot
Mostly Level Waterfront Corner Lot

Spring Lake Drive lot: 30, Copper Hill, VA 24079

$55,000
1.68 AC lot

Mostly level corner lot with extensive road frontage and views of the community lake.

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Residential Lot in Rocky Mount
Residential Lot in Rocky Mount

SUMMIT Dr lot: 5, Rocky Mount, VA 24151

Contact for pricing
0.74 AC lot

Land for sale in The Landmark, Rocky Mount, Virginia.

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Rocky Mount Land with Views
Rocky Mount Land with Views

Penny Ln lot: 67, Rocky Mount, VA 24151

$110,000
0.70 AC lot

Residential lot in Rocky Mount with mountain views.

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Off-Market Properties in Ferrum, VA

Consider similar Off-Market properties in Ferrum, 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.

9565 Franklin St
APARTMENT HOUSE (UNDER 5 UNITS)

9565 Franklin St, Ferrum, VA 24088-4423

Estimated value:
$220,000
1,536 sqft 0.38 AC lot
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289 Nolens Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

289 Nolens Hl Rd, Ferrum, VA 24088

Estimated value:
$265,000
2,856 sqft 0.86 AC lot
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Ferrum, VA Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Ferrum, VA on our real estate platform.

Sale prices for residential income properties in Ferrum, VA average $149,900 — 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 4,999
Population Growth (5Y) -0.5%
Median Household Income $39,905
College Educated 23.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24088 $149.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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