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:
Fully rented duplex—one unit on a 12-month lease, the other month-to-month—for built-in stability and flexibility. Each well-maintained unit offers 2 bedrooms and 1 bathroom, renting for $850/month with annual rent increases in place. Conveniently located near numerous area amenities, making it a highly desirable location for strong rental appeal. Delivers immediate positive cash flow with 20% down, ideal for investors seeking turn-key income or house hackers looking to live in one unit while the other pays the majority of the mortgage.

$235,000

— beds— baths— sq ft

85 Wilson St, Rocky Mount, VA 24151

Fully rented duplex • Well maintained unit • 6,098 sq ft lot

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 • 65400 parking spots • Built 1996

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:
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 1715 Ball Park Rd, Rocky Mount, VA 24151

$273,000

— beds— baths— sq ft

1715 Ball Park Rd, Rocky Mount, VA 24151

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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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

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Nicely updated duplex. New roof. Both units feature 2br/1ba configurations with in unit washers and dryers and central air. Unit A is month to month at 999 a month. Unit B is being renovated and available for walk through. Inspection report for unit A is in the ''documents'' section of this listing. Please do not disturb the existing tenant. No showings on occupied unit 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.

$330,000

— beds— baths— sq ft

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

Updated duplex • Owner provides water • Owner provides sewer

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Nicely updated triplex. New roof and gutters. Strong, stable, performing tenants in each unit. All three units feature 2br/1ba configurations with in unit washers and dryers and central air. All units are occupied. Units A & B at $999 a month. Unit C at 995. No existing lease violations. Current inspection reports are in the ''documents'' section of this listing. Please do not disturb the existing tenants. No showings 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.

$495,000

— beds— baths— sq ft

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

Updated triplex • Central air • New roof

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
Duplex in Salem. Main level - $900, upstairs - $850. Rocking chair front porch. 559 has hardwood floors in Great room, 2 bedroom, full bath, Kitchen and Deck. 561 has Living room, Kitchen, 2 bedrooms and full bath. This sale is combined with 113/115/117 W 1st St, Salem, VA 24153 (MLS # 923017)

$949,950

— beds— baths— sq ft

559-561 Roanoke Blvd, Salem, VA 24153

Kitchen • Full bath • Deck

ABOUT THIS HOME
Multi Family Home for sale in Franklin County, VA:
113 - $900, 115 - $750, 117 - $1200. 3 unit townhome in Salem. 2 of them are 2 bedroom 1.5 baths with Great room, Kitchen with dining area, Laundry and 1/2 bath and Patio. Upstairs has 2 bedrooms and full bath. The 3rd unit has Garage, Primary bedroom on 1st floor with full bath, Great room, Kitchen and Dining area, and Patio. Upstairs has Living room and 2 bedrooms and full bath. All units have 2 HVAC systems. This sale is combined with 559-561 Roanoke Blvd, Salem, VA 24153 (MLS# 923016)

$949,950

— beds— baths— sq ft

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

0.26 acre lot • 34200 parking spots • Built 2006

Property at 3203 Roundhill Ave NW Unit A and B, Roanoke, VA 24012

$199,999

— beds— baths— sq ft

3203 Roundhill Ave NW Unit A and B, Roanoke, VA 24012

Property at 2016 Sanford Ave SW, Roanoke, VA 24014

$149,950

— beds— baths— sq ft

2016 Sanford Ave SW, Roanoke, VA 24014

Property at 1624& 1626 E Riverside Dr, Salem, VA 24153

$325,000

— beds— baths— sq ft

1624& 1626 E Riverside Dr, Salem, VA 24153

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 1075 Windstar Cir, Vinton, VA 24179

$184,900

— beds— baths— sq ft

1075 Windstar Cir, Vinton, VA 24179

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 1621 Brandon Ave SW, Roanoke, VA 24015

$299,000

— beds— baths— sq ft

1621 Brandon Ave SW, Roanoke, VA 24015

Property at 44 Joyful Ln, Bassett, VA 24055

$339,000

— beds— baths1,150 sq ft

44 Joyful Ln, Bassett, VA 24055

Property at 722 Morrill Ave SE, Roanoke, VA 24013

$143,750

— beds— baths— sq ft

722 Morrill Ave SE, Roanoke, VA 24013

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 5522 Crestwood Dr Unit & 5524, Cave Spring, VA 24018

$395,000

— beds— baths— sq ft

5522 Crestwood Dr Unit & 5524, Cave Spring, VA 24018

Property at 1613 Loudon Ave NW, Roanoke, VA 24017

$189,950

— beds— baths— sq ft

1613 Loudon Ave NW, Roanoke, VA 24017

Multi Family Homes for Sale in Franklin County

There are currently 7 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 74 days. This map is refreshed with the newest listings in Franklin County every 15 minutes.

In the past month, 55 homes have been sold in Franklin County. In addition to houses in Franklin County, there were also 20 condos, 11 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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