Martinsville, VA
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    Martinsville, VA Triplexes for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA
    Martinsville Triplex Investment Opportunity
    $159,900
    598 SF
    Martinsville Triplex Investment Opportunity

    2041 Spruce Street, Martinsville, VA 24112

    Triplex with income potential near Martinsville's amenities.
    • Triplex featuring three 1‑bedroom, 1‑bath units.
    • Immediate income potential with two units currently rented.
    • Convenient location with easy access to shopping, dining, and local amenities.
    • Investment opportunity just outside the city limits of Martinsville.
    • Full basement.
    Updated: May 25
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, 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 Highway Retail & Apartments
    $2,500,000
    2,115 SF
    Mixed-Use Highway Retail & Apartments

    High-visibility Rt. 58 property combining a former gas station convenience store, caf area, showroom, and multiple apartments.

    43 Old Well Rd, Spencer, VA 24165

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    Lynchburg Triplex Investment Opportunity
    $187,900
    1,743 SF
    Lynchburg Triplex Investment Opportunity

    Three units near University of Lynchburg, excellent investment potential.

    500 Stafford Street, Lynchburg, VA 24501

    View details
    Renovation Triplex on Corner Lot
    $48,500
    2,773 SF
    Renovation Triplex on Corner Lot

    Triplex configured with separate meters and entrances, plus pool, sold as-is with utilities currently off.

    1203 Ridge Avenue, Eden, NC 27288

    View details
    Wyndhurst Residential Investment Property
    $295,000
    2,142 SF
    Wyndhurst Residential Investment Property

    Two-level residential property with finished basement in Wyndhurst.

    736 Wyndhurst Dr, Lynchburg, VA 24502

    View details

    Martinsville, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 598 square feet of properties for sale, with an estimated market value of $159,900.

    Sale prices for three-family homes in Martinsville, VA start at $159,900, averaging $159,900, and reaching up to $159,900 — 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

    Duplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Triplexes 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +4.5%
    Median Household Income $47,059
    College Educated 6.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24112 $80K

    Taxes & Financing

    Tax Rate (average for all types) 0.64%
    Property Tax per SF $11.16 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Martinsville city

    New Delisted

    Total CRE Inventory on Market (SF)

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