Madison Heights, VA Residential income properties for sale

Updated: May 20

Commercial Land with Parking Lot Authorization

3956 S Amherst, Madison Heights, VA 24572

$899,000

2.27 AC lot

Brick building with shingle roof built in 1953
Zoned commercial; previously used as residential
Public water and public sewer
Oil heating; flooring includes tile, vinyl, and wood
Flat lots; VDOT authorization received to install a parking lot

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Updated: Jun 3

Duplex With Renovated Kitchen

299 Ragland Road, Madison Heights, VA 24572

$268,900

2,039 sqft 2.94 AC lot

Duplex in R2 zoning with heat pump heating and cooling
2.944‑acre lot with off‑street parking
Built in 1998
2039 SF total property size
Renovated kitchen with new cabinets, countertops, and appliances

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Renovated Duplex with Two Units

299 Ragland Road, Madison Heights, VA 24572

$268,900

2,039 sqft

Updated duplex offers turnkey living with the option to offset expenses through rental of the second unit.

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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.

Five-Plex Apartment Building with Porch

507 Madison Street, Lynchburg, VA 24504

$395,000

4,333 sqft 0.19 AC lot

Five-plex apartment building with an open front porch and heat pump HVAC plus window units for cooling.

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Historic Brick Church with Development Potential

1018 Rivermont Avenue, Lynchburg, VA 24504

Contact for pricing

8,493 sqft 1.50 AC lot

Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.

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Historic Duplex in Rivermont District

1511 Rivermont Avenue, Lynchburg, VA 24503

$345,000

1916 stucco duplex in Lynchburg's Rivermont Historic District.

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Corner Lot Automotive & Mixed-Use Property

811 5th St, Lynchburg, VA 24504

$1,500,000

32,544 sqft

Leased apartments and a garage workshop with multiple car lifts support flexible uses on a corner lot with long street frontage.

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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

0 Cherry Lane, Madison Heights, VA 24572

$164,000

12.97 AC lot

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

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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

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

Rothwood Road, Monroe, VA 24574

$75,000

7.54 AC lot

7.54 acre wooded land with road frontage.

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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.

Land

0 Stratford Pl, Madison Heights, VA 24572

Value Estimation by Request

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 $1,436,800.

Sale prices for residential income properties in Madison Heights, VA start at $268,900, averaging $478,933, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
24572	$417K

Neighborhood

Average Price

24572

$417K

Madison Heights, VA Residential Income Properties for Sale

3956 S Amherst, Madison Heights, VA 24572

299 Ragland Road, Madison Heights, VA 24572

299 Ragland Road, Madison Heights, VA 24572