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Independence, VA

Residential Income

Independence, VA Residential Income Properties for Sale

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Galax, VA Fries, VA Elk Creek, VA Sparta, NC Piney Creek, NC Ennice, NC Mouth Of Wilson, VA Grassy Creek, NC

Three-House Multifamily Property

Updated: Jul 20

Three-House Multifamily Property

111-125 Library, Independence, VA 24348

$375,000

1,808 sqft 0.50 AC lot

Three separate houses offered together at 111‑125 Library Street
111 Library Street includes 2 separate units
125 Library Street has 4 bedrooms and 2 baths
117 Library Street has 2 bedrooms and 1 bath
Units are currently rented and shown by appointment

Furnished Triplex

Updated: Jan 13

Furnished Triplex

1165 N Independence Ave, Independence, VA 24348

$219,000

3,181 sqft 0.48 AC lot

Three furnished apartments, each with 2 bedrooms and 1 bathroom
3,181 square feet on 0.48 acres
New mini split in Unit A and recently added heat pump in Unit C
Newer roof with shingle and metal roofing
Public water and public sewer; RES zoning

Land, Independence, VA

Land, Independence, VA

1299 Vista Rd lot: 0, Independence, VA 24348

$60,000

7.70 AC lot

Residential land & home lots · 7.70 Acres

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 17 Potential Opportunities for your consideration. Besides 3 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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 Covered Porch

Duplex with Covered Porch

310 W Washington, Galax, VA 24333

$240,000

2,229 sqft 0.20 AC lot

Two-level property with a rented apartment, separate HVAC, and public utilities.

Glade Valley Commercial Property

Glade Valley Commercial Property

18, 40, 90 Glade Valley Church Road, Glade Valley, NC 28627

$1,149,000

10,390 sqft

Commercial property with 14 rental units and US Post Office.

Four-Unit Multifamily Property

Four-Unit Multifamily Property

508 W Stuart Dr, Galax, VA 24333

$339,000

3,045 sqft 0.30 AC lot

Quadplex with furnished short-term units, resident tenants, shared laundry, and a rear storage building.

Glade Valley Investment Opportunity

Glade Valley Investment Opportunity

18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

$1,149,000

3.71 AC lot

Commercial property with 14 rental units and post office.

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.

27+ Acres Wooded Land

27+ Acres Wooded Land

Peach Bottom Road lot: 0, Independence, VA 24348

$179,900

27.41 AC lot

27+ acre wooded property with potential home sites.

Wooded Mountain Land

Wooded Mountain Land

108 Point Lookout Ln. lot: 108, Independence, VA 24348

Contact for pricing

5.30 AC lot

Wooded acreage with multiple potential building sites and access to community roads and shared outdoor amenities.

Recreation Land Tract in Gated Community

Recreation Land Tract in Gated Community

132 Point Lookout Ln. lot: 132, Independence, VA 24348

$39,900

6.06 AC lot

Gated-community buildable tract offers privacy with mature trees, creek frontage, and electricity available for development.

Recreation Land with Streams

Recreation Land with Streams

Riverside Dr lot: 7, 9A, Independence, VA 24348

$243,500

53.25 AC lot

Agricultural-zoned acreage with wooded terrain, established paths, clearings, and electricity available.

Off-Market Properties in Independence, VA

Consider similar Off-Market properties in Independence, 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.

Independence, VA 24348

APARTMENT HOUSE (UNDER 5 UNITS)

Independence, VA 24348

$305,000

Estimated value

10,504 sqft 0.90 AC lot

196 Cloverdale Rd

APARTMENT HOUSE (UNDER 5 UNITS)

196 Cloverdale Rd, Independence, VA 24348-4584

$285,000

Estimated value

750 sqft 2.40 AC lot

226 Nichols Dr

APARTMENT HOUSE (UNDER 5 UNITS)

226 Nichols Dr, Independence, VA 24348-3888

$255,000

Estimated value

4,800 sqft

502 Independence Ave

APARTMENT HOUSE (UNDER 5 UNITS)

502 Independence Ave, Independence, VA 24348-5031

$310,000

Estimated value

3,616 sqft 2.38 AC lot

1165 Independence Ave

APARTMENT HOUSE (UNDER 5 UNITS)

1165 Independence Ave, Independence, VA 24348-5056

$225,000

Estimated value

3,181 sqft 0.48 AC lot

119 Bedwell St

APARTMENT HOUSE (UNDER 5 UNITS)

119 Bedwell St, Independence, VA 24348-9511

$235,000

Estimated value

4,480 sqft

Independence, VA Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Independence, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,989 square feet of properties for sale, with an estimated market value of $654,000.

Sale prices for residential income properties in Independence, VA start at $60,000, averaging $218,000, and reaching up to $375,000 — 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

Demographics Overview

Population 5,095

Population Growth (5Y) +15.6%

Median Household Income $42,408

College Educated 18.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
24348	$297K

Taxes & Financing

Tax Rate (average for all types) 0.57%

Property Tax per SF $8.04 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

Total CRE Inventory on Market (SF)

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