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1165 N Independence Ave Independence, VA $ 219,000
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$ 219,000 Get more info
1165 N Independence Ave
$ 219,000
Back to search
Share Save

1165 N Independence Ave

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

Monthly Estimate*

$ 1,383

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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

Triplex

Lot Size

0.48

Year Built

1940

Town/City

Independence

County/Region

Grayson

MLS | Web ID

104564
Features
General
Sewer Public Sewer
Heating Baseboard Electric Heat Pump Ductless Propane Space Heater
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
Zoning RES
Construction Materials Vinyl Siding Dry Wall
Year Built 1940
Property Subtype Triplex
Tax Year 2024
County Grayson
Property Type Residential Income
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
MLS Area Grayson County
Lot Size Units Square Feet
Lot Size Square Feet 20908.8
Elementary School Independence
Tax Annual Amount 754.87
Middle/Junior High School Independence
Property Condition Exterior Condition: Fair Interior Condition: Fair
Virtual Tour tour.usamls.net/1165-N-Independence-Ave-Independence-VA-24348/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Freehold IDX BBO
Other Structures Outbuilding Shed(s)
Electric Separate Meters
Gross Income 26700
Net Operating Income 23378
Structure Type One Building Side by Side
Number Of Units Total 3
Number of Units Leased 3
Insurance Expense 1200
Total Actual Rent 750
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Interior
Interior Amenities Paneling
Basement Crawl Space Other
Flooring Plank Vinyl
Fireplace Features None
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows Vinyl
Above Grade Finished Area 3181
Laundry Features Other
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
Total Fireplaces 0
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Exterior
Parking Features Gravel None
Water Source Public
Lot Size Area 20908.8
Foundation Details Slab See Remarks
Building Area Total 3181
Lot Size Acres 0.48
Waterfront Y/N false
Irrigation Water Rights Y/N false
Fencing Fenced
Road Surface Type Paved
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* Excluded Features
List By
Bhhs- Mountain Sky Properties-Hillsville

Broker

josephdixonrealty@gmail.com

Email

Affordability Calculator

$1,446
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,383
Monthly Property Taxes
$63
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2184402 Elementary School
2184401 Middle School
Grayson County High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2026$219,000 Listed Price

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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

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