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    Galax, VA Fries, VA Elk Creek, VA Sparta, NC Ennice, NC Piney Creek, NC Mouth Of Wilson, VA Grassy Creek, NC
    Independence, VA Triplex Investment
    Updated: Jan 13
    Independence, VA Triplex Investment

    1165 N Independence Ave, Independence, VA 24348

    $219,000
    3,181 sqft 0.48 AC lot
    Tri‑plex with 3 units; each unit is 2 bed / 1 bath and furnished with a stove and refrigerator
    Current rents: Apt A $750/mo, Apt B $725/mo, Apt C $750/mo; gross annual income reported at $26,700
    Tenants pay their own water, sewer, and power; public water and public sewer services are listed
    Apt A has a new mini‑split installed and is leased for $750/mo
    Apt B has central heating and is rented at $725/mo
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Showroom
    Mixed-Use Building with Showroom

    84 W Main Street, Pulaski, VA 24301

    $149,950
    8,100 sqft

    Two-level mixed-use building offers a remodeled main showroom and an upper level framed for apartments.

    View details
    Three Townhome Investment Portfolio
    Three Townhome Investment Portfolio

    108 Melody Lane, Unit 1, Bristol, TN 37620

    $395,000
    4,299 sqft

    Three townhomes are sold together on one parcel, each with two bedrooms, two full baths, patios, and dedicated laundry/storage space.

    View details
    Updated Triplex Investment
    Updated Triplex Investment

    238 Third Street NW, Pulaski, VA 24301

    $249,900
    0.10 AC lot

    Updated triplex offering two 1-bedroom, 1-bath units and one efficiency with full bath.

    View details
    Three Townhome Portfolio with Parking
    Three Townhome Portfolio with Parking

    108 Melody Lane (D-1,D-2,D-3), Bristol, TN 37620

    $395,000
    4,299 sqft 0.30 AC lot

    Three townhomes are sold together on one parcel in the Holston Villas community.

    View details

    Independence, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Independence, VA on our real estate platform. These investment opportunities span a total of 3,181 square feet of properties for sale, with an estimated market value of $219,000.

    Sale prices for three-family homes in Independence, VA average $219,000 — 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

    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 5,095
    Population Growth (5Y) +15.6%
    Median Household Income $42,408
    College Educated 18.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24348 $219K

    Taxes & Financing

    Tax Rate (average for all types) 0.57%
    Property Tax per SF $8.04 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

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