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    Hillsville, VA
    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
    Mixed-Use Buildings with Apartments
    Updated: May 27
    Mixed-Use Buildings with Apartments

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft
    Two mixed‑use buildings totaling 16766 square feet
    522&516 N Main St, Hillsville, VA 24343
    Six occupied apartments: four one‑bedroom and two two‑bedroom units
    Additional second‑floor framing for 3 two‑bedroom and 1 one‑bedroom apartment
    Established tenant occupies the main floor of one building
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    Mixed-Use Buildings With Apartments
    Updated: Mar 7
    Mixed-Use Buildings With Apartments

    522&516 N Main St, Hillsville, VA 24343

    $875,000
    16,766 sqft
    Two mixed‑use commercial buildings at 516 and 522 N Main St
    Combined property size of 16,766 Square Feet
    Four one‑bedroom and 2 two‑bedroom apartments are fully rented
    Upper level framed for 3 two‑bedroom and 1 one‑bedroom apartments
    Ground‑floor retail space included in the second building
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    Park Model Short-Term Rental
    Park Model Short-Term Rental

    131 Natalie Circle lot: 131, Hillsville, VA 24343

    $115,000
    0.07 AC lot

    Updated log-sided retreat with screened outdoor space, community amenities, and utility connections.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Brick Quadplex with Four Units
    Brick Quadplex with Four Units

    155 W Grayson St, Hillsville, VA 24343

    $350,000
    3,840 sqft

    Four separately metered units with public water and sewer in an R-1 residential zone.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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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    Unrestricted Mountain Land with Cabin
    Unrestricted Mountain Land with Cabin

    640 Gator Mountain Road lot: New Tract 3, Indian Valley, VA 24105

    $175,000
    29.35 AC lot

    Unrestricted mountain acreage with an as-is 2-bedroom, 1-bath cabin served by water, power, and septic.

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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    948 E Stuart Drive, Galax, VA 24333

    Contact for pricing
    6,473 sqft

    Two-level configuration combines commercial space with an upstairs residential unit.

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    Updated Mixed-Use Property
    Updated Mixed-Use Property

    948 E Stuart Drive, Galax, VA 24333

    $450,000
    0.15 AC lot

    Combined retail and residential space with separate access for the upstairs apartment.

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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.

    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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    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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    Mountain Recreation Land
    Mountain Recreation Land

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

    $175,000
    19.18 AC lot

    Tract with spring, well, electricity availability, and existing structures requiring significant repair.

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    Wooded Agricultural Land
    Wooded Agricultural Land

    Breezy Ridge Rd lot: Part 96-A-101, Woodlawn, VA 24381

    $325,000
    64.14 AC lot

    Agr-zoned wooded acreage with a stream, pond, fencing, and electricity available at the property.

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    Hillsville, VA Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Hillsville, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,372 square feet of properties for sale, with an estimated market value of $2,215,000.

    Sale prices for residential income properties in Hillsville, VA start at $115,000, averaging $553,750, 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

    Multifamily properties 4
    Apartment buildings 2
    Quadplexes 1
    Short term rental 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 $621.7K

    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

    Total CRE Inventory on Market (SF)

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