1165 N Independence Ave Independence, VA $ 219,000
1165 N Independence Ave
$ 219,000
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1165 N Independence Ave

Independence, VA, 24348
$ 219,000
Bedrooms6 Baths1.0 Sq 3,181

Monthly Estimate*

$ 1,348

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Multi-Family Home for sale in Independence, VA

for $219,000 with 6 bedrooms and 1 full bath. This 3,181 square foot home was built in 1940 on a lot size of 0.48.

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!

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Multi-Family Active

Price

$ 219,000

Bedrooms

6

Full Bath

1

Property Type

Multi-Family

Taxes

$ 754

Style

One Building,Side by Side

Lot Size

0.48

Year Built

1940

Town/City

Independence

County/Region

Grayson

MLS | Web ID

104564

Features
Interior
Interior Amenities Paneling
Basement Crawl Space Basement/Foundation Other/See Remarks
Total Fireplaces 0
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Vinyl
Fireplace Y/N N
Above Grade Finished Area 3181
Total Bedrooms 6
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Tax Card
Above Grade Finished Area Source Tax Card
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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General
Sewer Public Sewer
Heating Baseboard Electric Heat Pump Mini Split Propane Space Heater Mini-Splits/Heat Pump
Cooling Electric Mini Split Wall/Window Unit(s)(s) 2 Bdrm-Central A/C
Utilities Natural Gas Not Available
Roof Metal Shingle
Appliances Range Refrigerator Electric Water Heater 2 Bdrm-Stove 2 Bdrm-Refrigerator
Zoning RES
Construction Materials Vinyl Siding Dry Wall
Year Built 1940
Electric Separate Meters
Property Subtype Triplex
Tax Year 2024
Gross Income 26700
Waterfront Features None
County Grayson
Net Operating Income 23378
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions From intersection of US-21 N/N Independence Ave & US-58 W/Main St. Head north on US-21 approximately 2 miles property on right.
High School Grayson County
City Independence
Number Of Units Total 3
MLS Area Grayson County
Lot Size Units Square Feet
Lot Size Square Feet 20908.8
Carport Y/N N
Number of Units Leased 3
Elementary School Independence
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 754.87
Showing Instructions 24 Hour Notice Appointment Only Call Listing Agent Call Listing Office Lockbox Occupied Schedule Through Navica Text Listing Agent
Home Warranty Y/N N
Middle/Junior High School Independence
Property Condition Exterior Condition: Fair Interior Condition: Fair
Additional Parcels Y/N N
Virtual Tour tour.usamls.net/1165-N-Independence-Ave-Independence-VA-24348/unbranded
Structure Type One Building Side by Side
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 750
Freehold IDX BBO
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Exterior
Water Source Public
Lot Size Area 20908.8
Foundation Details Slab Basement/Foundation Other/See Remarks
Spa N
Building Area Total 3181
Lot Size Acres 0.48
Road Surface Type Paved
Waterfront Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Bhhs- Mountain Sky Properties-Hillsville

Broker

josephdixonrealty@gmail.com

Email

Affordability Calculator

$1,411
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,348
Monthly Property Taxes
$63
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875369 Elementary School
1875330 Middle School
Grayson County High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$219,000 Listed Price

Map


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1165 N Independence Ave, Independence, VA, 24348 is a Multi-Family Home for sale at $219,000 with 3,181 sqft and a lot size of 0.48. 1165 N Independence Ave has 6 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 24348 which is in Independence, VA