Martinsville, VA Residential income properties for sale

Updated: Aug 6

8-Unit Renovated Apartment Building

1300 Spruce Street, Martinsville, VA 24112

$649,000

5,040 sqft 0.80 AC lot

8‑unit apartment building with six 2‑bedroom units and two 1‑bedroom units
All 8 units have 1 bath; water and electric are individually metered
Recently renovated 5,040‑square‑foot building on 0.801 acres
Built in 1929
On‑site parking included

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Updated: Jun 19

14-Lot Mobile Home Community

7, Martinsville, VA 24112

$250,000

7.68 AC lot

14 total mobile home lots
Three seller‑owned homes located on‑site
Several lots are currently unoccupied
Mobile home community in Martinsville, VA
Unoccupied lots remain available for future development

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Mixed-Use Property with Workshop

610 South Memorial Boulevard, Martinsville, VA 24112

Contact for pricing

3,318 sqft

Includes a garage/workshop and two apartments within a commercial mixed-use property.

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Updated Multifamily Property

551 Dillard Street, Martinsville, VA 24112

Contact for pricing

Recent interior upgrades and utility improvements support rental readiness.

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Three-Unit Property with Porches

310 Forest Street, Martinsville, VA 24112

Contact for pricing

Three-unit residential property with fireplaces, a porch, and individually noted interior features.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 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.

12-Unit Apartment Portfolio

575 Colonial Hill Dr, Bassett, VA 24055

$925,000

3,176 sqft

Eight-property package combines an apartment building with single-family residences and existing tenant occupancy.

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Adjacent Mixed-Use Buildings

544 Morgan Road, Eden, NC 27288

Contact for pricing

6,000 sqft

Two-building property combines commercial storefronts with residential apartments and six occupied units.

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Two-Story Apartment Building

200 Moir Street, Eden, NC 27288

Contact for pricing

11,000 sqft

Rezoned for multiple-unit use with authorization for as many as 20 residential units.

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House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000

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.

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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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

Red Oak Road, Martinsville, VA 24112

Contact for pricing

3.12 AC lot

Residential land for sale near Martinsville, Virginia.

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Unimproved Land in Bassett, VA

Bassett Heights Ext, Bassett, VA 24055

Contact for pricing

0.40 AC lot

Unimproved land with public water access and small creek.

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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.

APARTMENT HOUSE (UNDER 5 UNITS)

721 Snow Crk Rd, Martinsville, VA 24112-8610

Estimated value:

$240,000

1,664 sqft 1.01 AC lot

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Land

1673 Roundabout Rd, Martinsville, VA 24112

Estimated value:

by Request

90.00 AC lot

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Land

0 Melody Ln, Martinsville, VA 24112

Estimated value:

by Request

54.00 AC lot

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Land

1102 Church St, Martinsville, VA 24112

Estimated value:

by Request

4.69 AC lot

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Multifamily properties

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

Estimated value:

by Request

113.00 AC lot

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Farms

285 Club House Rd, Martinsville, VA 24112

Estimated value:

by Request

40.00 AC lot

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Farms

0 Lawson St, Martinsville, VA 24112

Estimated value:

by Request

46.00 AC lot

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Land

0 Rich Acres School Rd, Martinsville, VA 24112

Estimated value:

by Request

34.00 AC lot

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Martinsville, VA Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Martinsville, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,358 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for residential income properties in Martinsville, VA start at $250,000, averaging $449,500, and reaching up to $649,000 — 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
24112	$368.5K

Neighborhood

Average Price

24112

$368.5K