Residential Income

South Boston, VA Residential Income Properties for Sale

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Historic Apartment Building with Coin Laundry
Updated: Jul 30
Historic Apartment Building with Coin Laundry

508 Logan Street, South Boston, VA 24592

$775,000
9,056 sqft 0.77 AC lot
Total of 10 income‑producing units across the main Wright House and an additional apartment building
0.77‑acre lot with 9,056 square feet total building area
Historic building constructed in 1910 with wood and vinyl siding
Zoned B2
Common laundry facilities with coin laundry, plus cable TV and additional storage
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Historic Multifamily Property
Updated: Sep 19, 2025
Historic Multifamily Property

1247 Sandy Beach Road, South Boston, VA 24592

$289,000
3,393 sqft 5.47 AC lot
Year built 1820 historic property with metal roof and wood siding
Two‑bedroom cottage conversion with covered front porch, living room, kitchen, and full bath plus two upstairs bedrooms
Detached restored cottage with kitchen, 1 bedroom, 2 bathrooms, and a daylight basement
Historic Irvine’s Ferry legacy building dating to the early 1800s, ready for restoration; features original heart pine floors, 9‑over‑9 windows, and 12‑foot ceilings
Hardwood flooring and heat pump heating
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in South Boston, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Two Adjacent 6-Unit Apartment Properties
Two Adjacent 6-Unit Apartment Properties

2677-& 2689 Old Richmond Road, Danville, VA 24540

$599,900
5,312 sqft 0.95 AC lot

Two adjacent apartment properties with 6 total units and one water meter, offering off-street parking and heat-pump HVAC systems.

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Single-Family Home on Agricultural Land
Single-Family Home on Agricultural Land

1324 Noblin Farm Road, Clarksville, VA 23927

$699,900
2,510 sqft 30.00 AC lot

A single-family home on 30 acres with cleared pasture, road frontage on three sides, and new roof plus solar.

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Tenant-Occupied Duplex Property
Tenant-Occupied Duplex Property

12677 Highway 15 South, Clarksville, VA 23927

Contact for pricing

Tenant-occupied duplex with two existing apartments, offered as-is for sale with agent-assisted showings.

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Multifamily Development Parcel
Multifamily Development Parcel

234 Jenny Ln, Danville, VA 24541

Contact for pricing

Development parcel in Flood Zone X with city-provided water and sewer services.

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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 South Boston
Residential Land in South Boston

Maid Marion Lane, South Boston, VA 24592

Contact for pricing
1.00 AC lot

One-acre residential lot ready for building in South Boston, VA.

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In-Town Residential Wooded Lot
In-Town Residential Wooded Lot

0.46 AC Willingham Avenue, South Boston, VA 24592

Contact for pricing
0.46 AC lot

Wooded residential lot with road frontage, offering a private setting and flexibility for future development in town.

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Residential Land in South Boston
Residential Land in South Boston

4.70 AC Hamilton Boulevard, South Boston, VA 24592

$42,000
4.70 AC lot

4.7-acre parcel ideal for residential development in South Boston, VA.

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Residential Lot in South Boston
Residential Lot in South Boston

725 Lincoln Drive, South Boston, VA 24592

Contact for pricing
0.35 AC lot

Small residential lot in a quiet South Boston neighborhood.

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Off-Market Properties in South Boston, VA

Consider similar Off-Market properties in South Boston, 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.

Waddell Ln
Land

0 Waddell Ln, South Boston, VA 24592

Value Estimation by Request
0.83 AC lot
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Easley St
Land

0 Easley St, South Boston, VA 24592

Value Estimation by Request
0.31 AC lot
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South Boston, VA Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in South Boston, VA on our real estate platform. These investment opportunities span a total of 12,449 square feet of properties for sale, with an estimated market value of $1,064,000.

Sale prices for residential income properties in South Boston, VA start at $289,000, averaging $532,000, and reaching up to $775,000 — 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
Triplexes 1

Demographics Overview

Population 14K
Population Growth (5Y) +7.6%
Median Household Income $48,655
College Educated 24.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24592 $532K

Taxes & Financing

Tax Rate (average for all types) 0.50%
Property Tax per SF $6.65 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Halifax County

New Delisted

Total CRE Inventory on Market (SF)

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