Residential Income

Hillsville, VA Residential Income Properties for Sale

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Woodlawn, VA Fancy Gap, VA Galax, VA Austinville, VA Dugspur, VA Max Meadows, VA Cana, VA Laurel Fork, VA
Two-Building Multifamily Investment
Updated: Mar 7
Two-Building Multifamily Investment

522&516 N Main St, Hillsville, VA 24343

$875,000
16,766 sqft
Two‑building multifamily investment at 522 & 516 N Main St, Hillsville, VA 24343
Top floor includes 4 one‑bed and 2 two‑bed apartments described as fully rented
Ground floor designed for retail leasing at Property 2
Second floor framed for 3 two‑bed apartments, 1 one‑bed apartment, and a common laundry room
Brick construction with metal roof; public water and public sewer
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19+ Acres of Blue Ridge Land
Updated: Mar 1
19+ Acres of Blue Ridge Land

533 Orange Dr lot: 33, 34, Hillsville, VA 24343

$175,000
19.18 AC lot
Little over 19 acres of Blue Ridge Mountain land with privacy and seclusion
Includes structures on the property (included at no charge), previously occupied and not habitable
Structures and improvements require significant TLC and are sold as‑is, with no warranties or guarantees
Water available via spring and well
Electricity available 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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hillsville, 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.

Duplex with Screened-In Back Porch
Duplex with Screened-In Back Porch

148/158 Vaughns Mill Rd, Indian Valley, VA 24105

$699,900
5,327 sqft 5.00 AC lot

Duplex on 5 acres with fenced yard, heat pumps, well water, and shared septic serving two updated homes.

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Multifamily Property With Two Homes
Multifamily Property With Two Homes

148/158 Vaughns Mill Rd, Indian Valley, VA 24105

$699,900
5,327 sqft 5.00 AC lot

Two updated residences on a five-acre property offer flexible space for multi-generational living or rental use.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

948 E Stuart Drive, Galax, VA 24333

$444,900
2,134 sqft 0.15 AC lot

Two-level property combines a leased storefront with a separately entered residential unit.

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Mixed-Use Income Property with Retail
Mixed-Use Income Property with Retail

948 E Stuart Drive, Galax, VA 24333

$450,000
0.15 AC lot

Updated mixed-use property features a leased lower-level retail space and a tenant-occupied upper apartment with its own exterior entrance.

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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.

Hillsville Land with Development Potential
Hillsville Land with Development Potential

6.87 ac N Main Street, Hillsville, VA 24343

$54,900
6.87 AC lot

6.87 acres of wooded land suitable for building lots.

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Residential Lot in Country Woods
Residential Lot in Country Woods

170 Wood Lane lot: 16, Hillsville, VA 24343

$44,900
0.93 AC lot

0.93 acre lot with utilities ready for building.

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Groundhog Mountain Buildable Lots
Groundhog Mountain Buildable Lots

Antler Point lot: 28, Hillsville, VA 24343

Contact for pricing
0.40 AC lot

Buildable lots with long-range views and community amenities.

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Land with Mountain and Creek Views
Land with Mountain and Creek Views

Lumber Ln lot: 2, Hillsville, VA 24343

$44,850
5.00 AC lot

5-acre residential land with mountain and creek views in Hillsville.

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Hillsville, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Hillsville, VA on our real estate platform. These investment opportunities span a total of 16,766 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for residential income properties in Hillsville, VA start at $175,000, averaging $525,000, and reaching up to $875,000 — 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
Single family properties 1

Demographics Overview

Population 8,942
Population Growth (5Y) -8.7%
Median Household Income $53,933
College Educated 17.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24343 $525K

Taxes & Financing

Tax Rate (average for all types) 0.59%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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