Triplex

Spencer, VA Triplexes for Sale

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Stoneville, NC Martinsville, VA Sandy Ridge, NC Stuart, VA Critz, VA Fieldale, VA Patrick Springs, VA Mayodan, NC
Mixed-Use Commercial Property
Updated: Jul 6
Mixed-Use Commercial Property

43 Old Well Rd, Spencer, VA 24165

$2,500,000
2,115 sqft
High‑visibility mixed‑use property on Rt. 58 with convenience store and in‑store caf area
Gas station infrastructure with two 10,000‑gallon fuel tanks; tanks were recently re‑certified (certification every 3 years)
Residential income includes 3 apartments: one 3BD/1BA owner‑occupied unit plus two 1BD/1BA rental units
Separate brick home with 2BD/1BA, enclosed porch, and its own private driveway
One well and two septic systems servicing the property
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, 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.

Renovated Three-Unit Triplex
Renovated Three-Unit Triplex

845 Hundley Street, Martinsville, VA 24112

$315,000
1,632 sqft

Apartments have individual utility meters, in-unit laundry, and updated appliances.

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Historic District Triplex
Historic District Triplex

434 Allison Ave SW, Roanoke, VA 24016

$324,950
0.15 AC lot

Fully leased three-unit property with covered porches, shared laundry, and professional management near downtown Roanoke.

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Renovated Triplex with Private Laundry
Renovated Triplex with Private Laundry

1316 Chapman Ave Sw, Roanoke, VA 24016

$379,775

Separately metered residences include private laundry, with tenants responsible for electric service.

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Three-Unit Property with Porches
Three-Unit Property with Porches

310 Forest Street, Martinsville, VA 24112

Contact for pricing

Three-unit residential property with fireplaces, a porch, and individually noted interior features.

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Spencer, VA Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 2,115 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for three-family homes in Spencer, VA average $2,500,000 — 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

Short term rental properties 1
Triplexes 1

Demographics Overview

Population 1,633
Population Growth (5Y) +21.0%
Median Household Income $62,206
College Educated 8.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24165 $2.5M

Taxes & Financing

Tax Rate (average for all types) 0.60%
Property Tax per SF $1.23 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

Total CRE Inventory on Market (SF)

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