Montgomery County, VA Residential income properties for sale

Updated: Aug 7

Elevator-Served Hotel Property

205 205 S Main Street, Blacksburg, VA 24060

$5,950,000

23,940 sqft

34 existing guest units across three floors
23,940‑square‑foot hospitality property built in 2008
Elevator access, central corridor layout, and two stairwells
Covered parking and modernized common areas
Consistent unit dimensions and stacked plumbing

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This listing looks promising.

Here's a quick look at some key insights for

205 205 S Main Street, Blacksburg, VA 24060

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$301K
Annual
Price @ 7% Cap

$4.3M
Suggested
Property Type

Commercial (General)
Built 2008

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Updated: Aug 1

Duplex With Private Decks

1548 Gallimore Street, Christiansburg, VA 24073

$282,500

2,016 sqft 0.60 AC lot

0.599‑acre lot with paved driveway and large front yard
Two units totaling 2,016 SF, each with 3 bedrooms and 1.5 baths
Upper and lower units recently renovated with new paint and LVP flooring
Washer and dryer convey with each unit
Private deck space for each unit plus a storage shed

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Duplex Property with Two Brick Homes

2351 Reese Mountain Rd, Elliston, VA 24087

$449,900

7.20 AC lot

Duplex property with two brick homes, central air, a whole-house generator, and mostly fenced grounds.

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Commercial Development Land Adjacent to Hospital

3730 S Main Street, Blacksburg, VA 24060

$3,785,000

8.00 AC lot

Approximately 8 acres zoned for commercial development, adjacent to Lewis-Gale Montgomery Regional Hospital on US 460.

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Elevator-Served Hospitality Building

205 S Main St, Blacksburg, VA 24060

Contact for pricing

23,940 sqft

Three-story inn with central corridor layout, elevator access, dual stairwells, and covered on-site parking.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Montgomery County, VA, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Large Land Assemblage in Blacksburg

Hidden Valley Dr, Blacksburg, VA 24060

$3,880,500

59.30 AC lot

421+/- acres of contiguous land available in Blacksburg, Virginia.

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Large Land Assemblage in Blacksburg

Toms Creek Rd, Blacksburg, VA 24060

$9,401,990

144.62 AC lot

421+/- acres of land available in Blacksburg, Virginia.

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Redevelopment Opportunity: Former Drive-In Theater

275 STARLIGHT DR SE, Christiansburg, VA 24073

Contact for pricing

4.15 AC lot

4.15-acre site with redevelopment potential in Christiansburg, Virginia.

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Large Land Tract in Blacksburg

Farmingdale Ln, Blacksburg, VA 24060

$5,747,500

88.57 AC lot

88.57 acres available for workforce housing development.

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Off-Market Properties in Montgomery County, VA

Consider similar Off-Market properties in Montgomery County, 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 Triangle St, Blacksburg, VA 24060

Value Estimation by Request

10.03 AC lot

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Land

0 Clay St, Blacksburg, VA 24060

Value Estimation by Request

43.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

5215 Brookman Dr, Elliston, VA 24087-3413

$265,000

Estimated value

2.80 AC lot

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MOBILE HOME PARK, TRAILER PARK

2834 Peppers Fry NW Rd, Christiansburg, VA 24073-6716

$355,000

Estimated value

2,040 sqft 45.31 AC lot

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Montgomery County, VA Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Montgomery County, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 49,896 square feet of properties for sale, with an estimated market value of $10,467,400.

Sale prices for residential income properties in Montgomery County, VA start at $282,500, averaging $2,616,850, and reaching up to $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.