Multi Family homes for sale & real estate in Franklin County, VA

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ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Value-add mobile home park with expansion potential! Situated on nearly 7 acres, this 7-unit property includes 5 mobile home lots, a 3BR/2BA single-family home, and a 2-car garage—all primed for increased cash flow. Several tenants are below market rent, and with utilities in place, there's room to add more units and boost income (subject to subdividing). A solid investment for those looking to unlock upside through strategic improvements and repositioning. Owner /Agent

$249,900

— beds— baths— sq ft

3004 Fork Mountain Rd, Rocky Mount, VA 24151

Utilities in place • 2 car garage • 6.95 acre lot

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Good investment opportunity w/ this 3 unit brick triplex. Good rental history. Large detached garages offer additional rental opportunity. All 3 units are 1 bed/1 full bath. New well August 2025. Adjacent home also available. Septic pumped 2025. Good views, ample parking in a rural setting.

$269,900

— beds— baths— sq ft

1715 Ball Park Rd, Rocky Mount, VA 24151

Rental history • Detached garages • Rural setting

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
* Investment Opportunity near Town of Rocky Mount * (3)Duplexes #454/464/474 & Single Family Home #434 * ALL SOLD TOGETHER * Seller will not sell separately. Each Duplex offers 2Bed/1Bath with Laundry. Income & Expenses estimated. Each Unit served by designated septic (4)total. All Units share a private well. Single-Family Home #474 is a 3Bed/1Bath with Unfinished Lower. Level Land with Plenty of Parking. Purchaser to verify all information.

$699,900

— beds— baths— sq ft

434/454 & Wrays Chapel Rd, Rocky Mount, VA 24151

2.21 acre lot • 61256 parking spots • Built 1996

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Triplex Opportunity - Perfect for House Hacking or Cash-Flowing Investment $2425/mo rent Looking to live in one unit and let the others pay the mortgage? Or ready to expand your rental portfolio with a cash-flowing property? This triplex checks all the boxes. Apartment 1: A cozy 1-bedroom efficiency currently occupied by long-term month-to-month tenants. Apartment 2: Freshly renovated and rented, this unit features new LVP flooring, fresh paint, and a brand-new range and refrigerator—ready for a new tenant. Apartment 3: Recently renovated and rented, this unit also offers new LVP flooring, fresh paint, and new appliances, including range and refrigerator. All the heavy lifting is

$239,900

— beds— baths— sq ft

5306 Franklin St, Rocky Mount, VA 24151

New appliances • Triplex opportunity • New lvp flooring

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
A rare opportunity to own 50 acres of picturesque countryside featuring two separate homes, ideal for multi-generational living, rental income, or expanded homesteading potential-all with convenient Henry Rd frontage. The main residence is a classic two-story farmhouse offering 5 bedrooms and 2 bathrooms. With original wood flooring, charming vintage touches, and a full-length front porch, this home radiates warmth and character. The second home is a spacious double-wide manufactured home with 3 bedrooms and 2 full bathrooms. Recent updates include new carpet flooring, a new water heater, and a roof just a few years old. The home also features vaulted ceilings in the main living area, a lar

$425,000

— beds— baths2,866 sq ft

6973 Henry Rd #6969, Henry, VA 24102

50 acres • Two separate homes • Henry rd frontage

Property at 14189 Franklin St, Ferrum, VA 24088

$1,199,900

— beds— baths— sq ft

14189 Franklin St, Ferrum, VA 24088

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NEW 21 HRS AGO

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
2 buildings 7 unit townhouse style brick apartment complex within walking distance to the desired Grandin area. Most of the units have been remodeled that feature 2 bedroom 1 bath. Baseboard heat with window AC units. Dumpster contract transfers with the sale of the property.

$770,000

— beds— baths— sq ft

1517 Lexington Ave SW, Roanoke, VA 24015

Walking distance • Remodeled units • Townhouse style

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - NEWLY PAINTED METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN UPSTAIRS AND DOWNSTAIRS WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - NEWLY REFINISHED CLAWFOOT TUB - HARDWOOD FLOORING - ON THE BUS LINE - VIEW ROANOKE STAR FROM YOUR BALCONY! CAN BE CONVERTED BACK TO A SINGLE FAMILY DWELLING BY REINSTALLING A DOORWAY.

$176,450

— beds— baths— sq ft

1202 Melrose Ave NW, Roanoke, VA 24017

Storage in attic • New water heater • Fresh paint inside

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Newly renovated 20 unit apartment complex in the center of Collinsville, convenient to everything. New appliances and HVAC units. On-site laundry facility makes it convenient for your tenants. Rents are market rate, making this property prime for investment and income.

$1,650,000

— beds— baths16,080 sq ft

74,76,78 Halifax Dr, Collinsville, VA 24078

Hvac units • New appliances • Built 1970

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
This well kept brick duplex in the Raleigh Ct/Wasena area has two tenant occupied units each featuring 2BR/1BA. Each unit features a lower level that could be converted to an additional living space, bedroom or office. Beautiful hardwood floors, fresh interior and exterior paint, updated kitchens, cabinetry, and more. Each unit features washer/dryer. Large backyard that is shared with both units. Two car garage. One tenant is paid a year in advance, other is month to month. Ideal opportunity to live in one unit and rent the other or hold as a strong cash flow investment. Roof 5 years old, new hot water heaters, new sewer line and more!

$452,500

— beds— baths— sq ft

1909 Canterbury Rd SW, Roanoke, VA 24015

6,969 sq ft lot • 23700 parking spots • Built 1941

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Nicely updated fourplex. New roof. All units feature 2br/1ba configurations with in unit washers and dryers and central air. Rent roll and inspection reports for all units are in the ''documents'' section of this listing. Please do not disturb the existing tenants. No showings on the occupied units until terms can be negotiated contingent on buyer approval/walk through. Owner provides water, sewer, and landscaping. Multiple properties listed that are adjacent - total of 13 doors.

$660,000

— beds— baths— sq ft

2153 Mulberry St Unit 2153, 2155,2157, 2159, Salem, VA 24153

Owner provides water • Owner provides sewer • Central air

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Nicely updated fourplex. New roof. All units feature 2br/1ba configurations with in unit washers and dryers and central air. Rent roll and inspection reports for the three occupied units are in the ''documents'' section of this listing. Unit 2163 is vacant and undergoing renovation. There is an RVAR box on that unit if you would like to walk through. Please do not disturb the existing tenants in the other units. No showings on the occupied units until terms can be negotiated contingent on buyer approval/walk through. Owner provides water, sewer, and landscaping. Multiple properties listed that are adjacent - total of 13 doors.

$660,000

— beds— baths— sq ft

2161 Mulberry St Unit 2161,2163,2165,2167, Salem, VA 24153

Updated duplex • Owner provides water • Owner provides sewer

Property at 913 Page St Unit A and B, Salem, VA 24153

$330,000

— beds— baths— sq ft

913 Page St Unit A and B, Salem, VA 24153

Property at 916 Pyrtle Dr Unit A, B and C, Salem, VA 24153

$495,000

— beds— baths— sq ft

916 Pyrtle Dr Unit A, B and C, Salem, VA 24153

Property at 559-561 Roanoke Blvd, Salem, VA 24153

$949,950

— beds— baths— sq ft

559-561 Roanoke Blvd, Salem, VA 24153

Property at 113-115 W 1 St St #117, Salem, VA 24153

$949,950

— beds— baths— sq ft

113-115 W 1 St St #117, Salem, VA 24153

Property at 3203 Roundhill Ave NW, Roanoke, VA 24012

$199,999

— beds— baths— sq ft

3203 Roundhill Ave NW, Roanoke, VA 24012

Property at 209 1st St SW, Roanoke, VA 24011

$2,225,000

— beds— baths— sq ft

209 1st St SW, Roanoke, VA 24011

Property at 4622 Grandin Rd SW, Roanoke, VA 24018

$1,795,000

— beds— baths— sq ft

4622 Grandin Rd SW, Roanoke, VA 24018

Property at 44 Joyful Ln, Bassett, VA 24055

$339,000

— beds— baths1,150 sq ft

44 Joyful Ln, Bassett, VA 24055

Property at 1328 Morningside St SE, Roanoke, VA 24013

$207,000

— beds— baths— sq ft

1328 Morningside St SE, Roanoke, VA 24013

Property at 302 1st St SW, Roanoke, VA 24011

$2,875,000

— beds— baths— sq ft

302 1st St SW, Roanoke, VA 24011

Property at 1195 Fairmont Dr, Vinton, VA 24179

$349,500

— beds— baths— sq ft

1195 Fairmont Dr, Vinton, VA 24179

Property at 1613 Loudon Ave NW, Roanoke, VA 24017

$189,950

— beds— baths— sq ft

1613 Loudon Ave NW, Roanoke, VA 24017

Property at 2001 Melrose Ave NW, Roanoke, VA 24017

$172,500

— beds— baths— sq ft

2001 Melrose Ave NW, Roanoke, VA 24017

Property at 1602 Patterson Ave SW, Roanoke, VA 24016

$345,000

— beds— baths— sq ft

1602 Patterson Ave SW, Roanoke, VA 24016

Multi Family Homes for Sale in Franklin County

There are currently 6 multi family homes for sale in Franklin County at a median listing price of $240K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Franklin County stay on the market for 104 days. This map is refreshed with the newest listings in Franklin County every 15 minutes.

In the past month, 48 homes have been sold in Franklin County. In addition to houses in Franklin County, there were also 17 condos, 10 townhouses, and 3 multi-family units for sale in Franklin County last month. Find your dream home in Franklin County using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Franklin County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Franklin County. If you're looking to sell your home in the Franklin County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Franklin County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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