For sale

1165 N Independence Avenue

Independence, VA 24348

$219,000

  • 6beds
  • 3baths
  • 3,181sq ft
  • 0.48acres
  • 1940built

Listed by Joseph Dixon, Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv

About this home.

Great Tri-plex investment opportunity located just outside of Independence, Va. Each unit is a 2 bed 1 bath furnished with a stove and fridge. Tenants are responsible for their own water, sewer, and power. Apt A has a new mini split and is leased for 750/month. Apt B has central heating and is rented at 725/month. Apt C has a recently added heat pump, a newer roof, and is currently rented at 750/month. Less than 3 minutes to town, very close to local hardware stores, shopping, and dining. This property currently has a gross annual income of $26,700. Call today and don't miss a chance to own this income producing property!

Facts and features.

The home

Type
Multi-family (Triplex)
Style
Ranch
Levels
One

Inside

Basement
Crawl Space
Fireplaces
None
Flooring
Plank, Vinyl
Appliances
Range, Refrigerator, Electric Water Heater
Interior features
Paneling

Outside and lot

Garage
None
Exterior
Vinyl Siding, Dry Wall
Roof
Metal, Shingle
Zoning
RES

Utilities

Heating
Baseboard, Electric, Heat Pump, Ductless, Propane, Space Heater
Cooling
Electric, Mini Split, Wall/Window Unit(s)(s), 2 Bdrm-Central A/C
Water source
Public
Sewer
Public Sewer

Community

HOA dues
None
County
Grayson County

The listing

Source
New River Valley Association of REALTORS® MLS #426190

Price and status history.

302

days on market

DateEventPrice
Jan 15, 2026Listed for sale$219,000

Price per square foot

This home$69
Regional multi-family median$126

Asking price per finished square foot, compared with the median of 14 multi-familys sold in the region in the last 12 months. 46% below the median.

Location.

1165 N Independence Avenue, Independence, VA 24348

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$1,270/mo

Principal and interest
$1,107
Property tax
$63
Home insurance
$100
HOA dues
None listed

Loan amount $175,200

Example rate only. Change it to the rate a lender offers you.

From the listing, 2024 taxes. Taxes can change after a sale.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Joseph Dixon, Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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