Triplex

Spencer, VA Triplexes for Sale

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Mixed-Use Highway Retail & Apartments
Updated: Jun 11
Mixed-Use Highway Retail & Apartments

43 Old Well Rd, Spencer, VA 24165

$2,500,000
2,115 sqft 1.02 AC lot
High‑visibility commercial property on Rt. 58 with highway‑front showroom and sales lot
Includes former gas station setup and convenience store with in‑store caf area (currently not selling fuel)
Mixed residential income: one 3BR/1BA owner‑occupied apartment plus two 1BR/1BA rental apartments
Separate brick home on‑site with 2BR/1BA, enclosed porch, and private driveway
Year built: 1950
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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.

Triplex with Three Residential Units
Triplex with Three Residential Units

1505 Juniper Street, Durham, NC 27703

$879,999
3,881 sqft 0.17 AC lot

Fully leased triplex in Durham with three unit layouts and recent lease renewals for continued rental stability.

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Lynchburg Triplex Investment Opportunity
Lynchburg Triplex Investment Opportunity

500 Stafford Street, Lynchburg, VA 24501

$187,900
1,743 sqft 0.17 AC lot

Three units near University of Lynchburg, excellent investment potential.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

927 Berkeley Street, Durham, NC 27705

$390,000
1,795 sqft 0.16 AC lot

Triplex on one parcel includes a 2-unit duplex and a detached cottage, with one duplex unit currently vacant.

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Wyndhurst Residential Investment Property
Wyndhurst Residential Investment Property

736 Wyndhurst Dr, Lynchburg, VA 24502

$295,000
2,142 sqft

Two-level residential property with finished basement in Wyndhurst.

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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 start at $2,500,000, averaging $2,500,000, and reaching up to $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

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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