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    Willis, VA Residential Income Properties for Sale

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    Dugspur, VA Laurel Fork, VA Meadows Of Dan, VA
    Remodeled Duplex in Willis, VA
    $189,000
    Remodeled Duplex in Willis, VA

    5656 Floyd Highway, Willis, VA 24380

    Remodeled duplex with two units in Willis, Virginia.
    • Investment opportunity with two separate units.
    • Unit A: 3 bedrooms / 1.5 bathrooms; Unit B: 2 bedrooms / 1 bathroom.
    • Individual electric meters for each unit.
    • Remodeled structure.
    • Walking distance to Willis Village Mart, Jim's Grill, post office, and bank.
    Updated: Oct 1, 2024
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    General Commercial
    $179,000
    2,088 SF
    General Commercial

    110 Merifield Road, Willis, VA 24380

    Duplexes · 2,088 SF
    • Proven cash flow investment property generating approximately $24,600 annually.
    • Remodeled and updated in 2021 (exterior) and 2022 (interior).
    • Features two units: one 1 BDR/1 BTH and one 2 BDR/1 BTH.
    • Currently occupied with tenants agreeable to stay.
    • Split units provide individual heat and air conditioning.
    Updated: Sep 25, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Willis, 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.

    Side-by-Side Multifamily Portfolio
    $1,600,000
    8,263 SF
    Side-by-Side Multifamily Portfolio

    Five R-4 zoned homes with current rental income and walkability to Radford University.

    1201 - 1217 Fairfax Street, Radford, VA 24141

    View details
    Radford Triplex with Updated Unit
    $214,900
    2,104 SF
    Radford Triplex with Updated Unit

    Triplex with two separate utility metered units plus a recently refreshed two-bedroom apartment ready for occupancy.

    1201 4TH Street, Radford, VA 24141

    View details
    Historic Mixed-Use Building
    $249,000
    0.12 Acres
    Historic Mixed-Use Building

    Historic building with restored interior details, flexible office and residential layout, and a central tower with views.

    110 N Washington Avenue, Pulaski, VA 24301

    View details
    East Main Street Redevelopment Opportunity
    $725,000
    12,760 SF
    East Main Street Redevelopment Opportunity

    Versatile 12,500 SF building with redevelopment potential on Main Street.

    65 E Main St, Pulaski, VA 24301

    View details

    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.

    Pasture Land in Willis, VA
    $229,900
    22.65 Acres
    Pasture Land in Willis, VA

    22.65 acres of level pasture ground near Floyd and Hillsville.

    Firehouse Road, Willis, VA 24380

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    28.5 Acres in Laurel Fork
    $75,000
    28.50 Acres
    28.5 Acres in Laurel Fork

    28.5 acre tract ideal for dream home or recreation.

    619 Shady Ln. lot: 1, Laurel Fork, VA 24352

    View details
    Wooded Building Lot in HOA Community
    $50,600
    2.52 Acres
    Wooded Building Lot in HOA Community

    Wooded 2.519-acre lot with underground utilities and a perk approval, subject to HOA and deed restrictions.

    Edgeview Drive lot: 8, Meadows Of Dan, VA 24120

    View details
    Recreational Hunting Land with Creek
    $599,000
    187.43 Acres
    Recreational Hunting Land with Creek

    187-acre woodland tract with mature hardwoods, ridge views, and Poorhouse Creek for hunting and recreation use.

    Jeb Stuart Hwy, Meadows Of Dan, VA 24120

    View details

    Willis, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Willis, VA on our real estate platform. These investment opportunities span a total of 2,088 square feet of properties for sale, with an estimated market value of $179,000.

    Sale prices for residential income properties in Willis, VA start at $179,000, averaging $179,000, and reaching up to $179,000 — 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

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 2,998
    Population Growth (5Y) +15.3%
    Median Household Income $50,246
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24380 $184K

    Taxes & Financing

    Tax Rate (average for all types) 0.65%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Willis, VA

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