Residential Income

Verona, VA Residential Income Properties for Sale

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Multi-Use Quadplex with Multiple Zoning
Updated: Jan 28
Multi-Use Quadplex with Multiple Zoning

140 LEE HWY, Verona, VA 24482

$1,500,000
7,629 sqft 3.15 AC lot
High‑visibility multi‑use property with 4 dwellings and many potential uses; currently occupied with month‑to‑month tenants/employees
Multi‑zoned with SF15, GB, and LB zoning (buyer to confirm zoning details)
Four dwellings can be used as apartments, rentals, or a rooming house, depending on buyer plans
Property is near the new courthouse
GIS shows 6 tax parcels; owner may consider offers on separate pieces of the listing
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High Visibility Multi-Use Property
Updated: Jan 29
High Visibility Multi-Use Property

140 Lee Hwy, Verona, VA 24482

$1,500,000
7,629 sqft
High visibility location with multi‑use and multi‑zoned potential (SF15, GB, LB)
Four dwellings offer various income possibilities such as apartments, rentals, and rooming house
Excellent location near the new courthouse
Six tax parcels included in the sale
Dwellings are in good condition
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Verona, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Historic Quadplex Apartment Building
Historic Quadplex Apartment Building

811 WESTOVER DR, Staunton, VA 24401

$949,000
6,213 sqft 0.65 AC lot

Fully renovated Victorian quadplex with four leased apartments, restored interiors, and private entrances.

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Downtown Brick Building in Staunton
Downtown Brick Building in Staunton

5 FREDERICK ST E, Staunton, VA 24401

$425,000
3,900 sqft 0.05 AC lot

Three-story brick building in downtown Staunton with flexible zoning.

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Doublewide Mobile Home Park
Doublewide Mobile Home Park

15, 17, 25, 37 HAYFIELD LN, Fort Defiance, VA 24437

$1,430,000
7,040 sqft 36.46 AC lot

Four doublewides on shared-well service, currently fully rented, on a large parcel for flexible use.

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Doublewide Park and Acreage
Doublewide Park and Acreage

15,17,25,37 HAYFIELD LN, Fort Defiance, VA 24437

$1,430,000
36.46 AC lot

Fort Defiance acreage with four doublewides and shared well service, currently fully rented.

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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.

Mountain View Equestrian Acreage
Mountain View Equestrian Acreage

BERRY FARM RD lot: 5, Staunton, VA 24401

$299,900
5.79 AC lot

Cleared, gently sloped pasture with an approved entrance and utilities for a private estate or equestrian setup.

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Residential Land Lot with Certified Drainfield
Residential Land Lot with Certified Drainfield

12 CROWN RIDGE BERRY FARM RD lot: 2.38 Acres Crown Ridge Estates Lot 12, Staunton, VA 24401

$169,900
2.37 AC lot

2.38-acre homesite with certified gravity-flow conventional drainfield and public water at the front.

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Residential Building Lots in Staunton, VA
Residential Building Lots in Staunton, VA

104 CARRSBROOK DR lot: 19, Staunton, VA 24401

$87,000
0.34 AC lot

Residential building lots available in Staunton's Carrsbrook subdivision.

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Verona, VA Building Lot
Verona, VA Building Lot

RIFES FORD RD lot: 37K, Verona, VA 24482

$89,900
1.65 AC lot

1.65 acre building lot with river frontage near I-81.

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Off-Market Properties in Verona, VA

Consider similar Off-Market properties in Verona, 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.

Smitty Dr
MOBILE HOME PARK, TRAILER PARK

Smitty Dr, Verona, VA 24482

Value Estimation by Request
12.67 AC lot
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Smitty Dr
MOBILE HOME PARK, TRAILER PARK

Smitty Dr, Verona, VA 24482

Value Estimation by Request
9.47 AC lot
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Meade Park Cir
MOBILE HOME PARK, TRAILER PARK

Meade Park Cir, Verona, VA 24482

Value Estimation by Request
2.88 AC lot
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Verona, VA Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Verona, VA on our real estate platform. These investment opportunities span a total of 15,258 square feet of properties for sale, with an estimated market value of $3,000,000.

Sale prices for residential income properties in Verona, VA start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — 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
Quadplexes 1

Demographics Overview

Population 5,331
Population Growth (5Y) +1.5%
Median Household Income $72,693
College Educated 26.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24482 $1.3M

Taxes & Financing

Tax Rate (average for all types) 0.48%
Property Tax per SF $13.43 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

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