Residential Income

Forest, VA Residential Income Properties for Sale

Notify Me
List
Map
Lynchburg, VA Evington, VA Goode, VA Rustburg, VA Madison Heights, VA Coleman Falls, VA Bedford, VA Monroe, VA
Leased Duplex in Residential Neighborhood
Updated: Jul 15
Leased Duplex in Residential Neighborhood

289 Independence Circle, Forest, VA 24551

$295,000
1,850 sqft 0.46 AC lot
Duplex at 289 Independence Cir, Forest, VA
Unit A leased at $650/month through Feb 1, 2027; tenant handles grass and leaf maintenance
Unit B leased at $700/month through Sep 30, 2026
Long‑term tenants: ~24 years (Unit A) and ~15 years (Unit B)
Roof replaced by Cenvar in Aug 2015; HVAC upgrades: Unit A (2018) and Unit B (2019) by Jordan Mechanical
View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Forest, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Turnkey Duplex Investment Property
Turnkey Duplex Investment Property

2618-2638 Sunnymeade Road, Unit A&B, Rustburg, VA 24588

$979,900
5,300 sqft

Two side-by-side duplexes offer four 3-bedroom, 2.5-bath units with open-concept living, in-unit laundry, and private back decks.

View details
Commercial Land with Road Frontage
Commercial Land with Road Frontage

2674 Waterlick Road, Lynchburg, VA 24502

$650,000
1,236 sqft 5.59 AC lot

Over 5.5 acres with approximately 325 feet of road frontage on Waterlick Rd, sold as three parcels with AS-IS house.

View details
Turnkey Side-by-Side Duplex
Turnkey Side-by-Side Duplex

85 Deer Creek Drive, Lynchburg, VA 24502

$299,900
1,792 sqft 0.51 AC lot

Move-in ready duplex with two 2-bedroom units, separate meters, and off-street parking for convenient occupancy.

View details
Turnkey Duplex Near Liberty University
Turnkey Duplex Near Liberty University

2638 Sunnymeade Road, Unit A&B, Rustburg, VA 24588

$494,900
2,650 sqft

Well-maintained duplex with strong rental potential near Liberty University.

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.

Equestrian Lot with Panoramic Views
Equestrian Lot with Panoramic Views

Doyles Run, Forest, VA 24551

$179,900
6.44 AC lot

6.44-acre lot with equestrian potential and scenic views.

View details
Land in Bedford County
Land in Bedford County

1620 Everett, Forest, VA 24551

$249,900
3.00 AC lot

Three-acre lot with road frontage and subdividing potential.

View details
Lynchburg Land with Development Potential
Lynchburg Land with Development Potential

1147-1147A Stratford Road, Lynchburg, VA 24502

$280,000
9.55 AC lot

9.5 acres near University of Lynchburg with investment potential.

View details
Residential Building Lot in Forest
Residential Building Lot in Forest

Gilfield, Forest, VA 24551

$150,000
1.12 AC lot

Over one acre corner lot in Gilfield Village.

View details

Forest, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Forest, VA on our real estate platform. These investment opportunities span a total of 1,850 square feet of properties for sale, with an estimated market value of $295,000.

Sale prices for residential income properties in Forest, VA start at $295,000, averaging $295,000, and reaching up to $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 28K
Population Growth (5Y) +11.0%
Median Household Income $91,119
College Educated 66.0%

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $19.15 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 Bedford County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bedford County

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings