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    Madison Heights, VA
    Residential Income

    Madison Heights, VA Residential Income Properties for Sale

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    Lynchburg, VA Amherst, VA Monroe, VA Rustburg, VA Concord, VA Forest, VA Tyro, VA Evington, VA
    Renovated Duplex with Acreage
    Updated: Jun 3
    Renovated Duplex with Acreage

    299 Ragland Road, Madison Heights, VA 24572

    $259,900
    2,039 sqft 2.94 AC lot
    Two‑unit duplex measuring 2,039 square feet
    Situated on 2.944 acres in Madison Heights, VA
    Recent siding, HVAC, deck, flooring, and paint improvements
    Renovated kitchens with new cabinets, countertops, and appliances
    Updated bathrooms with tile showers
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    Updated Duplex with New HVAC
    Updated: Jun 3
    Updated Duplex with New HVAC

    299 Ragland Rd, Madison Heights, VA 24572

    $259,900
    2,039 sqft
    Duplex configuration with 2,039 square feet
    Recent siding, HVAC, deck, flooring, and paint improvements
    Updated kitchen cabinets, countertops, and appliances
    Bathroom renovated with a tile shower
    Madison Heights location near shopping, dining, schools, and local amenities
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    Multifamily Property
    Multifamily Property

    Madison Heights, VA 24572

    Contact for pricing

    Multifamily property with heat pump heating and cooling equipment.

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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 12 Potential Opportunities for your consideration. Besides 3 Active listings in Madison Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Mixed-Use Property with Three Apartments
    Mixed-Use Property with Three Apartments

    821 Main Street, Lynchburg, VA 24504

    $799,900
    6,930 sqft 0.06 AC lot

    B-4 zoning supports a combination of commercial space and residential apartments in downtown Lynchburg.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    821 Main Street, Lynchburg, VA 24504

    $799,900
    6,930 sqft 0.06 AC lot

    Main Street commercial space is paired with three occupied residential apartments and B-4 zoning.

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    Spacious Duplex Property
    Spacious Duplex Property

    1609 Rivermont Avenue, Lynchburg, VA 24503

    $349,900
    3,267 sqft

    Two-unit residential income property with substantial living areas and an owner-occupant configuration.

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    Multifamily Property
    Multifamily Property

    820 Rivermont Avenue, Lynchburg, VA 24504

    $259,900
    2,199 sqft

    Constructed in 1905 and located on Rivermont Avenue in Lynchburg.

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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.

    31.9 Acres Buildable Land
    31.9 Acres Buildable Land

    Wright Shop Road, Madison Heights, VA 24572

    $579,000
    31.94 AC lot

    31.9 acres of prime land in Madison Heights, VA.

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    Buildable Lot in Madison Heights
    Buildable Lot in Madison Heights

    115 Morgan Road, Madison Heights, VA 24572

    Contact for pricing
    1.00 AC lot

    One-acre buildable lot near Route 130 with utilities access.

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    Wooded Land Parcel in Monroe
    Wooded Land Parcel in Monroe

    Rothwood Road, Monroe, VA 24574

    $75,000
    7.54 AC lot

    7.54 acre wooded land with road frontage.

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    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.

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    Off-Market Properties in Madison Heights, VA

    Consider similar Off-Market properties in Madison Heights, 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.

    Stratford Pl
    Land

    0 Stratford Pl, Madison Heights, VA 24572

    Estimated value:
    No data
    0.25 AC lot
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    Madison Heights, VA Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Madison Heights, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,078 square feet of properties for sale, with an estimated market value of $519,800.

    Sale prices for residential income properties in Madison Heights, VA average $259,900 — 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

    Multifamily properties 3
    Duplexes 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) -7.1%
    Median Household Income $64,158
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24572 $451K

    Taxes & Financing

    Tax Rate (average for all types) 0.61%
    Property Tax per SF $16.44 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Amherst County

    New Delisted

    Total CRE Inventory on Market (SF)

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