Residential Income

Spout Spring, VA Residential Income Properties for Sale

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Bassett, VA Appomattox, VA Concord, VA Lynchburg, VA Pamplin, VA Brookneal, VA Gladys, VA Rustburg, VA
Brick Quadplex Apartment Community
Updated: Jun 24
Brick Quadplex Apartment Community

193-221 Cedar Cove Lane, Spout Spring, VA 24593

$1,200,000
13,200 sqft 2.00 AC lot
12‑unit multifamily community (Village Square Apartments) on 2 acres in Appomattox County
Three brick quadplexes with ample parking, each unit with its own private entrance
Units are 2 bedrooms and 1 full bath with a large living room
All‑electric units with central electric cooling and forced warm air–electric heating
Separately metered electricity for each unit; house meter provided for exterior lighting and water supply
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spout Spring, 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.

Renovated Duplex with Two Kitchens
Renovated Duplex with Two Kitchens

299 Ragland Road, Madison Heights, VA 24572

$268,900
2,039 sqft 2.94 AC lot

Updated duplex with new siding, HVAC, decks, and renovated interiors, offering two ready-to-occupy units.

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Duplex with Separate Electric Meters
Duplex with Separate Electric Meters

2228 Tulip Street, Lynchburg, VA 24504

$164,900
1,680 sqft 0.12 AC lot

Fully occupied duplex with separate electric meters for each unit and a single shared water meter.

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Renovated Duplex with Two Units
Renovated Duplex with Two Units

299 Ragland Road, Madison Heights, VA 24572

$269,900
2,039 sqft

Updated duplex offers turnkey living with the option to offset expenses through rental of the second unit.

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Three-Park Mobile Home Community
Three-Park Mobile Home Community

102 Parkwood Dr, Lynchburg, VA 24588

$4,300,000

Portfolio of three mobile home parks featuring park-owned homes, recently serviced septic systems, and mix of well and city water.

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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.

Appomattox, VA Wooded Lot
Appomattox, VA Wooded Lot

0-Lot 7-1 Red House Road, Appomattox, VA 24522

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2.08 AC lot

2.079 ac wooded lot, convenient location.

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Appomattox Wooded Lot For Sale
Appomattox Wooded Lot For Sale

0-Lot 8-1 Red House Road, Appomattox, VA 24522

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2.06 AC lot

2.05 ac wooded lot, convenient location.

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Appomattox Wooded Lot For Sale
Appomattox Wooded Lot For Sale

0-Lot 4-1 Red House Road, Appomattox, VA 24522

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2.18 AC lot

2.179 ac wooded lot, convenient location.

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Appomattox Wooded Lot For Sale
Appomattox Wooded Lot For Sale

0-Lot 6-1 Red House Road, Appomattox, VA 24522

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2.09 AC lot

2.09 ac wooded lot, 9 minutes to Appomattox.

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Spout Spring, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Spout Spring, VA on our real estate platform. These investment opportunities span a total of 13,200 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for residential income properties in Spout Spring, VA start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 2,098
Population Growth (5Y) +0.4%
Median Household Income $75,147
College Educated 23.2%

Taxes & Financing

Tax Rate (average for all types) 1.50%
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Appomattox County

New Delisted

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