Residential Income

Montvale, VA Residential Income Properties for Sale

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Income-Producing Multi-Unit Bedford County Property
Updated: Mar 27
Income-Producing Multi-Unit Bedford County Property

1332 Goose Creek Valley Rd, Montvale, VA 24122

$499,000
Income‑producing property: triplex and two singlewide homes on two parcels.
Vacant, fully remodeled 4BR/2BA unit in triplex with strong rental potential ($1,600-$1,800/month).
Current leases in place through 7/31/26 for all occupied units.
Two occupied 2BR/2BA singlewide homes with separate electric service, generating rental income.
Property preliminarily approved for up to 75% commercial financing through Freedom First.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Montvale, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Multifamily Property in Fincastle, VA
Multifamily Property in Fincastle, VA

579-581 Botetourt Road, Fincastle, VA 24090

$365,759
88,862 sqft

Multifamily property with a mix of occupied and vacant units.

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All-Brick Duplex with Private Porches
All-Brick Duplex with Private Porches

536-538 Westview Avenue, Unit 538, Bedford, VA 24523

$330,000

A well-maintained all-brick duplex featuring two identical units with full basements, off-street parking, and separate utilities.

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Mixed-Use Property with Owner Financing
Mixed-Use Property with Owner Financing

1173 Moneta Rd, Bedford, VA 24523

$214,000

High-visibility mixed-use property with owner financing potential.

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Renovated Mixed-Use Historic Building
Renovated Mixed-Use Historic Building

20 S Roanoke St, Fincastle, VA 24090

Contact for pricing

Completely renovated historic building is fully leased, with two residential units at the parking level.

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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 Land in Troutville, VA
Residential Land in Troutville, VA

Dogwood Ln, Troutville, VA 24175

$45,000
0.65 AC lot

Land available in Troutville, VA.

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Picturesque Land in Apple Valley
Picturesque Land in Apple Valley

Meadors Mill Road, Bedford, VA 24523

$289,900
22.05 AC lot

22-acre property with mountain views and stream in Bedford County.

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Picturesque 4-Acre Parcel in Moneta
Picturesque 4-Acre Parcel in Moneta

Stewartsville Rd, Moneta, VA 24121

$95,950
4.00 AC lot

Beautiful 4-acre lot in Bedford County, close to amenities.

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Smith Mountain Lake Land
Smith Mountain Lake Land

Moorman Rd lot: 2, Hardy, VA 24101

$450,000
16.42 AC lot

16.42 acre waterfront land with mountain views.

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Montvale, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Montvale, VA on our real estate platform.

Sale prices for residential income properties in Montvale, VA average $499,000 — 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 1
Single family properties 1
Triplexes 1

Demographics Overview

Population 1,421
Population Growth (5Y) -12.8%
Median Household Income $65,238
College Educated 21.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24122 $499K

Taxes & Financing

Tax Rate (average for all types) 0.82%
Property Tax per SF $25.71 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bedford County

New Delisted

Total CRE Inventory on Market (SF)

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