Madison Heights, VA
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    Madison Heights, VA Residential Income Properties for Sale

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    Lynchburg, VA Appomattox, VA Amherst, VA
    Renovated Duplex for Multifamily Use
    $269,900
    2,039 SF
    Renovated Duplex for Multifamily Use

    299 Ragland Road, Madison Heights, VA 24572

    Updated duplex with refreshed interiors and mechanicals, offering flexible owner-occupied or rental income setups.
    • Duplex built in 1998 with 4 bedrooms and 2 bathrooms (Bedroom 1–4, Bathroom 1–2)
    • Recent improvements include new siding, new HVAC, deck, fresh paint, and updated flooring
    • Renovated kitchen with new cabinets, countertops, and appliances
    • Updated bathroom featuring a tile shower
    • Heat pump heating and heat pump cooling
    Updated: Jun 3
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    Renovated Duplex with Two Units
    $269,900
    2,039 SF
    Renovated Duplex with Two Units

    299 Ragland Road, Madison Heights, VA 24572

    Updated duplex offers turnkey living with the option to offset expenses through rental of the second unit.
    • Duplex built in 1998 with drywall interior and vinyl siding exterior.
    • Recent improvements include new HVAC (heat pump), fresh paint, and new deck.
    • Renovated kitchens with new cabinets, countertops, and appliances.
    • Updated bathroom featuring a tile shower.
    • Vinyl flooring and heat pump heating and cooling in both units.
    Updated: Jun 3
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Historic Inn with Event Space
    $1,450,000
    9,737 SF
    Historic Inn with Event Space

    Boutique inn featuring rental suites and event space.

    404 Cabell Street, Lynchburg, VA 24504

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    Lynchburg Duplex: Income-Producing Property
    $174,900
    1,680 SF
    Lynchburg Duplex: Income-Producing Property

    Fully occupied duplex in Lynchburg, generating $1,700 monthly income.

    2228 Tulip Street, Lynchburg, VA 24504

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    Mixed-Use Property in Lynchburg, VA
    $520,000
    4,526 SF
    Mixed-Use Property in Lynchburg, VA

    Two adjoining buildings with commercial and residential units for sale.

    701-703 5th St, Lynchburg, VA

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    Mixed-Use Property with Rental Upside
    $520,000
    1,235 SF
    Mixed-Use Property with Rental Upside

    Two adjoining buildings with commercial and residential units for sale.

    701 5th St, Lynchburg, VA 24504

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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.

    Undeveloped Land in Madison Heights
    $164,000
    12.97 Acres
    Undeveloped Land in Madison Heights

    12.97 acres of undeveloped land zoned for single-family residences.

    0 Cherry Lane, Madison Heights, VA 24572

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    31.9 Acres Buildable Land
    $579,000
    31.94 Acres
    31.9 Acres Buildable Land

    31.9 acres of prime land in Madison Heights, VA.

    Wright Shop Road, Madison Heights, VA 24572

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    Appomattox Land Parcel For Sale
    $69,900
    4.60 Acres
    Appomattox Land Parcel For Sale

    Two building lots totaling over 4.5 acres near Appomattox.

    Soybean Drive, Appomattox, VA 24522

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    Buildable Lot in Madison Heights
    Contact for pricing
    1.00 Acre
    Buildable Lot in Madison Heights

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

    115 Morgan Road, Madison Heights, VA 24572

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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
    Lot: 0.25 Acres
    Value Estimation by Request
    Stratford Pl

    0 Stratford Pl, Madison Heights, VA 24572

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    Madison Heights, VA Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Madison Heights, VA 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 $539,800.

    Sale prices for residential income properties in Madison Heights, VA start at $269,900, averaging $269,900, and reaching up to $269,900 — 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

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

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

    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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