Residential Income

New Market, VA Residential Income Properties for Sale

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Quicksburg, VA Mount Jackson, VA Timberville, VA Stanley, VA Luray, VA Broadway, VA Shenandoah, VA Fort Valley, VA
5-Unit Multifamily Property
Updated: Oct 7
5-Unit Multifamily Property

9200 N CONGRESS Street, New Market, VA 22844

$425,000
5,278 sqft 0.45 AC lot
Five residential units in a 5,278‑square‑foot building
0.448‑acre parcel with a parking lot
Brick construction; built in 2003
Central air conditioning and heat‑pump heating
Located at 9200 N Congress Street in New Market, along the I‑81 corridor
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5-Unit Apartment Building
Updated: Oct 9
5-Unit Apartment Building

New Market, VA 22844

$425,000
5,278 sqft
Five residential units in one apartment building
Approximately 5,278 square feet
Built in 2003
Located on N Congress Street in New Market, Virginia
Access to the I‑81 corridor
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Market, 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.

Six-Bedroom Short-Term Rental Property
Six-Bedroom Short-Term Rental Property

113 W MAIN ST, Stanley, VA 22851

$560,000
3,797 sqft 0.80 AC lot

Main residence and separate cottage provide flexible short-term rental accommodations in a downtown setting.

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Mixed-Use Property With Apartments
Mixed-Use Property With Apartments

208 W MAIN STREET, Stanley, VA 22851

$675,000
9,540 sqft

Combines residential units with restaurant and separate commercial space in a multi-building property.

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New Construction Duplex with Garage
New Construction Duplex with Garage

259 Freemont Circle |, Broadway, VA 22815

$349,900
1,640 sqft

New construction duplex featuring high-end finishes, garage, and mountain views.

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Two-House Residential Income Property
Two-House Residential Income Property

120 & 114 N CENTRAL ST, Broadway, VA 22815

$214,900
1,925 sqft 0.20 AC lot

Two rental dwellings on one lot with month-to-month tenants offer a straightforward income-focused residential setup.

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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.

Farmstead Acreage with Barn
Farmstead Acreage with Barn

CHURCH Street lot: A, Timberville, VA 22853

$300,000
10.22 AC lot

10.22-acre tract with barn, storage structure, and multiple gated entrances, offering flexible residential or agricultural use options.

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Low-Density Residential Development Land
Low-Density Residential Development Land

19.1 acres AMERICAN LEGION DR, Timberville, VA 22853

$467,225
19.10 AC lot

19.1-acre parcel in R-1 zoning, suited for single-family development; mixed-use may be possible with rezoning, per remarks.

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Commercial Land Parcel
Commercial Land Parcel

1 Acres NEW MARKET RD, Timberville, VA 22853

$350,000
1.26 AC lot

Commercial land designated R-5 Planned Residential D and subject to rezoning.

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Residential Lot with Views
Residential Lot with Views

CHURCH Street lot: E, Timberville, VA 22853

$84,000
0.91 AC lot

0.92 acre lot with utilities and development potential.

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New Market, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in New Market, VA on our real estate platform. These investment opportunities span a total of 10,556 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for residential investment properties in New Market, VA average $425,000 — 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 2
Apartment buildings 1

Demographics Overview

Population 4,674
Population Growth (5Y) -3.7%
Median Household Income $63,061
College Educated 26.7%

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $10.18 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shenandoah County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Market fall within the 25,000 to 50,000 square foot range.

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