Residential Income

Martinsville, VA Residential Income Properties for Sale

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Collinsville, VA Ridgeway, VA Fieldale, VA Bassett, VA Stanleytown, VA Spencer, VA Axton, VA Oaklevel, VA
Duplex with Two Private Units
Updated: Jun 4
Duplex with Two Private Units

12/14 Dunlap Street, Martinsville, VA 24112

$34,900
936 sqft 0.10 AC lot
Two‑unit duplex at 12/14 Dunlap Street
Each unit has one bedroom and one bathroom
Total building size 936 square feet
Built in 1960
Manageable lot with off‑street parking potential
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Recreational Land with Creek
Updated: Jun 17
Recreational Land with Creek

770 Westland Dr, Martinsville, VA 24112

$280,000
78.58 AC lot
78 +/- acre private, secluded parcel in Henry County, VA with mature hardwoods, clearings, and regrowth from a prior clear cut
Horsepasture Creek runs along the rear of the property, with a trail cut through the land for access to different sections of the creek
Two mobile homes on‑site (no titles for the mobile homes) plus well, septic, and electricity available
Includes large workshop with electricity, outbuilding, carport, and detached 2‑car garage
50 ft. easement provides entrance; appointment required and no drive‑bys (do not enter without an agent)
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Mobile Home Community Investment
Mobile Home Community Investment

7, Martinsville, VA 24112

$250,000
7.68 AC lot

Income-generating mobile home community with three on-site homes and additional unoccupied lots on approximately 7.7 acres.

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Mobile Home Community with Apartments
Mobile Home Community with Apartments

36 Evening Star Lane, Martinsville, VA 24112

$1,600,000

Forty-unit mobile home community includes 14 walk-up apartment units and 17 park-owned mobile homes on public utilities.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

97-Unit Multifamily Investment Opportunity
97-Unit Multifamily Investment Opportunity

81 Terry Ct, Collinsville, VA 24078

Contact for pricing
83,940 sqft

Multifamily property with 97 units near Roanoke MSA.

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House and Mobile Home Park
House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000
1,150 sqft

Includes a house plus an established mobile home park in Bassett, VA, with seller-reported monthly cash flow.

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Collinsville Multifamily Investment Opportunity
Collinsville Multifamily Investment Opportunity

79 Ridgemont Circle, Collinsville, VA 24078

Contact for pricing
6,300 sqft

Eight-unit apartment building in Collinsville, Virginia.

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House and Mobile Home Park
House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$328,000

House and established mobile home park with monthly cash flow.

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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.

Residential Lot in Collinsville, VA
Residential Lot in Collinsville, VA

Lackey Rd, Collinsville, VA 24078

$59,000
3.60 AC lot

3.6 acre wooded lot suitable for residential use.

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Fieldale, VA Land Parcel
Fieldale, VA Land Parcel

Lauren Mill Dr, Fieldale, VA 24089

Contact for pricing
0.50 AC lot

Land parcel in Fieldale, VA, perfect for building.

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3-Acre Lot Near US-58
3-Acre Lot Near US-58

Red Oak Road, Martinsville, VA 24112

Contact for pricing
3.12 AC lot

Residential land for sale near Martinsville, Virginia.

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Ridgeway Land Close to Shopping
Ridgeway Land Close to Shopping

Old Sand Rd, Ridgeway, VA 24148

$55,000
11.84 AC lot

11.84 acres near major roads, suitable for development.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, 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.

721 Snow Crk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

721 Snow Crk Rd, Martinsville, VA 24112-8610

Value Estimation by Request
1,664 sqft 1.01 AC lot
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1673 Roundabout Rd
Land

1673 Roundabout Rd, Martinsville, VA 24112

Value Estimation by Request
90.00 AC lot
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Melody Ln
Land

0 Melody Ln, Martinsville, VA 24112

Value Estimation by Request
54.00 AC lot
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1102 Church St
Land

1102 Church St, Martinsville, VA 24112

Value Estimation by Request
4.69 AC lot
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Martinsville VA USA William F Stone Hwy
Multifamily properties

Martinsville VA USA William F Stone Hwy, Martinsville, VA 24112

Value Estimation by Request
113.00 AC lot
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285 Club House Rd
Farms

285 Club House Rd, Martinsville, VA 24112

Value Estimation by Request
40.00 AC lot
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Lawson St
Farms

0 Lawson St, Martinsville, VA 24112

Value Estimation by Request
46.00 AC lot
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Rich Acres School Rd
Land

0 Rich Acres School Rd, Martinsville, VA 24112

Value Estimation by Request
34.00 AC lot
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Martinsville, VA Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Martinsville, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 936 square feet of properties for sale, with an estimated market value of $2,164,900.

Sale prices for residential income properties in Martinsville, VA start at $34,900, averaging $541,225, and reaching up to $1,600,000 — 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 3
Mobile home & RV parks 2
Apartment buildings 1
Duplexes 1
Single family properties 1

Demographics Overview

Population 31K
Population Growth (5Y) +4.5%
Median Household Income $47,059
College Educated 6.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24112 $202.1K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $11.16 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

Total CRE Inventory on Market (SF)

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