Harrisonburg, VA Residential Income Properties for Sale

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Updated: Jul 6

15-Unit Brick Apartment Buildings

600 & 620 NORWOOD ST, Harrisonburg, VA 22801

$1,574,800

8,256 sqft 0.42 AC lot

15 total fully leased apartment units across 600 and 620 Norwood Street
Each residence includes 1 bed, 1 bath, and 500 +/- sq feet
Combined property size is 8256 Square Feet on 0.42 acres
Brick construction with 1980 year built
New roof planned for 600 Norwood Street prior to closing

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Updated: Nov 18, 2025

14-Unit Brick Apartment Building

91 DUTCH MILL CT, Harrisonburg, VA 22801

$1,749,900

6,656 sqft 0.66 AC lot

14‑unit apartment building with 1‑bedroom, 1‑bathroom residences
Each unit contains 477 square feet of living space
6,656‑square‑foot building on 0.66 acres
Solid brick construction; built in 1980
Baseboard heating and wall‑unit cooling

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Updated Quadplex with Separate Home

1076 COLLEGE AVE, Harrisonburg, VA 22802

$629,000

2,356 sqft 0.34 AC lot

1928 property includes four apartment units plus an additional detached residence on a residentially zoned parcel.

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14-Unit Brick Apartment Building

91 Dutch Mill Ct, Harrisonburg, VA 22801

$1,749,900

6,656 sqft

Two-level brick property with compact one-bedroom residences near JMU, shopping, dining, and downtown Harrisonburg.

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Corner Development Land with Road Frontage

1661 SMITHLAND RD, Harrisonburg, VA 22802

$400,000

2.19 AC lot

2.19-acre corner parcel with road frontage and rezoning options for medium-to-high density residential or mixed use.

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Duplex with Oversized Garage

555 Pointe Dr |, Harrisonburg, VA 22801

$314,900

1,536 sqft

Duplex featuring a garage and large lot in Meadow Pointe.

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Brick Mid-Sized Multifamily Buildings

600 & 620 Norwood St, Harrisonburg, VA 22801

$1,574,800

Two adjacent buildings total 15 fully leased 1-bed, 1-bath units in long-lasting brick construction.

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Renovated Duplex with Wooded Views

531 Pointe Drive, Harrisonburg, VA 22801

$325,000

Updated two-level duplex with refreshed interiors, private outdoor space, and substantial storage areas.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 8 Active listings in Harrisonburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

19-Lot Mobile Home Park

605 CELDONS LN, Elkton, VA 22827

$699,900

1.83 AC lot

A-2 Agricultural General zoning accompanies a scoped electrical system improvement project.

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19-Lot Mobile Home Park

19-605 Celdons Ln, Elkton, VA 22827

$699,900

1.83 AC lot

Elkton, Virginia 19-lot mobile home park on 1.83 acres with an identified electrical system upgrade.

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New Construction Duplex with Garage

259 Freemont Circle |, Broadway, VA 22815

$349,900

1,640 sqft

New construction duplex featuring high-end finishes, garage, and mountain views.

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Two-House Residential Income Property

120 & 114 N CENTRAL ST, Broadway, VA 22815

$214,900

1,925 sqft 0.20 AC lot

Two rental dwellings on one lot with month-to-month tenants offer a straightforward income-focused residential setup.

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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.

Mixed-Use Development Site

473 S MAIN ST, Harrisonburg, VA 22801

$6,000,000

5,582 sqft 2.75 AC lot

R-3 zoning and proximity to civic and university uses frame a downtown redevelopment opportunity.

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Residential Lot in Willow Ridge

2132 WILLOW HILL DR, Harrisonburg, VA 22801

$77,000

0.26 AC lot

0.26-acre residential lot in Harrisonburg, VA, no HOA fees.

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Residential Lot in Willow Ridge

2122 WILLOW HILL Drive, Harrisonburg, VA 22801

$77,000

0.27 AC lot

0.27-acre residential lot in Harrisonburg, VA, no HOA fees.

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Residential Lot in Willow Ridge

2122 WILLOW HILL DR, Harrisonburg, VA 22801

$77,000

0.27 AC lot

0.27-acre residential lot in Harrisonburg, VA, no HOA fees.

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Off-Market Properties in Harrisonburg, VA

Consider similar Off-Market properties in Harrisonburg, 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.

Multifamily properties

1250 Parkway Dr, Harrisonburg, VA 22802

Value Estimation by Request

0.45 AC lot

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Land

1391 Main St, Harrisonburg, VA 22802

Value Estimation by Request

1.46 AC lot

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Land

235 Boyers Rd, Harrisonburg, VA 22801

Value Estimation by Request

6.20 AC lot

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Land

0 Main St, Harrisonburg, VA 22801

Value Estimation by Request

2.20 AC lot

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Land

1351 Peach Grove Ave, Harrisonburg, VA 22801

Value Estimation by Request

5.44 AC lot

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Land

1071 Port Republic Rd, Harrisonburg, VA 22801

Value Estimation by Request

9.91 AC lot

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Land

1255 Greendale Rd, Harrisonburg, VA 22801

Value Estimation by Request

9.19 AC lot

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Land

973 Reservoir St, Harrisonburg, VA 22801

Value Estimation by Request

3.66 AC lot

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Land

0 Kaylor Park Dr, Harrisonburg, VA 22801

Value Estimation by Request

125.00 AC lot

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Multifamily properties

28 Rock St, Harrisonburg, VA 22802

Value Estimation by Request

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Land

251 Garbers Church Rd, Harrisonburg, VA 22801

Value Estimation by Request

3.78 AC lot

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Land

129-139 Rock St, Harrisonburg, VA 22801

Value Estimation by Request

0.68 AC lot

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Land

0 Country Club Rd, Harrisonburg, VA 22802

Value Estimation by Request

9.89 AC lot

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Harrisonburg, VA Residential Income Properties Market Trends and Statistics

Explore 21 residential income properties for sale in Harrisonburg, VA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 25,460 square feet of properties for sale, with an estimated market value of $8,318,300.

Sale prices for residential income properties in Harrisonburg, VA start at $314,900, averaging $1,039,787, and reaching up to $1,749,900 — 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

Demographics Overview

Population 75K

Population Growth (5Y) -1.9%

Median Household Income $67,104

College Educated 26.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
22801	$1.2M
22802	$2.1M

Taxes & Financing

Tax Rate (average for all types) 0.84%

Property Tax per SF $13.70 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 Harrisonburg city

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Harrisonburg city

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Harrisonburg fall within the 100,000+ square foot range.

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Harrisonburg, VA Residential Income Properties for Sale

600 & 620 NORWOOD ST, Harrisonburg, VA 22801

91 DUTCH MILL CT, Harrisonburg, VA 22801

1076 COLLEGE AVE, Harrisonburg, VA 22802

91 Dutch Mill Ct, Harrisonburg, VA 22801

1661 SMITHLAND RD, Harrisonburg, VA 22802

555 Pointe Dr |, Harrisonburg, VA 22801

600 & 620 Norwood St, Harrisonburg, VA 22801

531 Pointe Drive, Harrisonburg, VA 22801

Opportunities in Nearby Cities

605 CELDONS LN, Elkton, VA 22827

19-605 Celdons Ln, Elkton, VA 22827

259 Freemont Circle |, Broadway, VA 22815

120 & 114 N CENTRAL ST, Broadway, VA 22815

Potential Development Sites for Consideration

473 S MAIN ST, Harrisonburg, VA 22801

2132 WILLOW HILL DR, Harrisonburg, VA 22801

2122 WILLOW HILL Drive, Harrisonburg, VA 22801

2122 WILLOW HILL DR, Harrisonburg, VA 22801

Off-Market Properties in Harrisonburg, VA

1250 Parkway Dr, Harrisonburg, VA 22802

1391 Main St, Harrisonburg, VA 22802

235 Boyers Rd, Harrisonburg, VA 22801

0 Main St, Harrisonburg, VA 22801

1351 Peach Grove Ave, Harrisonburg, VA 22801

1071 Port Republic Rd, Harrisonburg, VA 22801

1255 Greendale Rd, Harrisonburg, VA 22801

973 Reservoir St, Harrisonburg, VA 22801

0 Kaylor Park Dr, Harrisonburg, VA 22801

28 Rock St, Harrisonburg, VA 22802

251 Garbers Church Rd, Harrisonburg, VA 22801

129-139 Rock St, Harrisonburg, VA 22801

0 Country Club Rd, Harrisonburg, VA 22802

Harrisonburg, VA Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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