Madison Heights VA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
14.32 Acres
Year built:
1903
Baths:
MLS#:
353802

ADDITIONAL INFORMATION

Investment Opportunity in Amherst County: A Prime Development & Rental Property.Discover a rare investment opportunity in Amherst County, where significant development is underway. This expansive property spans over 14 acres and includes a charming 1900s farmhouse, two duplexes, and one triplex. Currently, there are eight rented units, including the farmhouse, providing immediate income potential.Over 14 acres of land with a 1900s farmhouse, two duplexes, and one triplex.The property boasts eight rented units, offering a steady revenue stream.Located in a rapidly developing area, this property is poised for future growth and value appreciation.Situated just minutes from local amenities such as grocery stores, shops, and restaurants, this property offers convenience and accessibility. The proximity to the 460 bypass and Route 29 ensures a quick and easy commute to Lynchburg, making it an attractive location for tenants and potential buyers.Pond on property

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.21 Acres
Year built:
1998
Baths:
MLS#:
352592

ADDITIONAL INFORMATION

Attention Investors & LARGE Family units! Three spacious doublewides (totaling 10 bedrooms & 6 bathrooms) on just over three acres provides plenty of room for privacy without feeling isolated. Each doublewide has its own septic tank & water/electric. Come discover the beauty of the sunset while sitting next to your firepit! Enjoy the calm of living out of town, while still being close to the conveniences and adventures that Lynchburg, Madison Heights, and Amherst all have to offer! Call to schedule your showing today!

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange ("IDX") program of the Lynchburg Association of REALTORS. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Copyright 2024 Lynchburg Association of Realtors. All rights reserved.




Madison Heights Real Estate

The median home value in Madison Heights, VA is $146,900. This is lower than the county median home value of $156,900. The national median home value is $219,700. The average price of homes sold in Madison Heights, VA is $146,900. Approximately 63.84% of Madison Heights homes are owned, compared to 28.38% rented, while 7.78% are vacant. Madison Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison Heights real estate agent to arrange a tour today!

Madison Heights, Virginia 24572 has a population of 11,180. Madison Heights 24572 is more family-centric than the surrounding county with 25.09% of the households containing married families with children. The county average for households married with children is 24.14%.

The median household income in Madison Heights, Virginia 24572 is $40,329. The median household income for the surrounding county is $49,677 compared to the national median of $57,652. The median age of people living in Madison Heights 24572 is 43.1 years.

Madison Heights Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 44.2 inches per year, with 13.4 inches of snow per year.

Madison Heights Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    65
    30-day change

Madison Heights Schools and Demographics

Education near Madison Heights, VA

Metric City County
High School Graduates 83.51 84.11
College Degree - 2 year 9.14 8.8
College Degree - 4 year 19.15 19.95
Graduate Degree 6.48 6.24
Expenditures per Student 10,301 10,301
Students per Teacher 12.3 13.5

Elementary Schools near Madison Heights, VA

School Grades Students P/T Ratio ZIP
Amelon Elementary School PK - 05 456 14.3 24572
Bedford Hills Elementary School PK - 05 564 16.3 24503
Elon Elementary School PK - 05 279 13.2 24572
Heritage Elementary School PK - 05 443 18.3 24502
Leesville Road Elementary School PK - 05 667 17.1 24502
Linkhorne Elementary School PK - 05 494 15.3 24503
Madison Heights Elementary School PK - 05 512 17.1 24572
Perrymont Elementary School PK - 05 444 15.6 24502
Robert S. Payne Elementary PK - 05 542 18.5 24501
Sheffield Elementary School PK - 05 450 18.4 24502
Tomahawk Elementary School PK - 05 659 17.8 24502

Middle Schools near Madison Heights, VA

School Grades Students P/T Ratio ZIP
Amherst Middle School 06 - 08 363 10.8 24521
Brookville Middle School 06 - 08 690 14.9 24502
Linkhorne Middle School 06 - 08 601 11.6 24503
Monelison Middle School 06 - 08 539 12.1 24572
Paul Laurence Dunbar Mid. for Innovation 06 - 08 664 13.6 24504
Sandusky Middle School 06 - 08 558 10.5 24502

High Schools near Madison Heights, VA

School Grades Students P/T Ratio ZIP
Amherst County High School 09 - 13 1,317 14 24521
Brookville High School 09 - 12 940 14.1 24502
E.C. Glass High 09 - 13 1,412 14.8 24501
Heritage High School 09 - 13 1,038 14.5 24502

Ungraded Schools near Madison Heights, VA

School Grades Students P/T Ratio ZIP
Carl B. Hutcherson Building UG - UG 0 24501
Central VA Training Center PK - 12 0 24572
Central Virginia Gov. School UG - UG 0 24502
Laurel Regional Special Ed Center UG - UG 0 24501
Lynchburg Regional Governor's Stem Academy UG - UG 0 24502

Demographics near Madison Heights, VA 24572

Metric Zip Code City
Neighborhood Type Suburban
Population 11,180 31,819
Population Density 583 67
Median Age 43.1 43.9
People per Household 2.5 2.5
Median Household Income 40,329 49,677
Average Income per Capita 22,731 24,296