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Big Stone Gap, VA Apartment Buildings for Sale

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Multifamily Investment Opportunity in Big Stone Gap
Updated: Apr 11
Multifamily Investment Opportunity in Big Stone Gap

2828 E 4th Avenue, Big Stone Gap, VA 24219

$279,900
0.60 AC lot
Immediate cash flow from 5 well‑maintained, seller‑owned and occupied units.
Excellent investment opportunity for seasoned or new investors.
Convenient location with close proximity to Union schools.
Public water and sewer for all units.
Durable construction with vinyl siding, asphalt and metal roof.
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Mixed-Use Multifamily with Storefront
Updated: May 11
Mixed-Use Multifamily with Storefront

201 S 5th Street, Big Stone Gap, VA 24219

$149,000
0.20 AC lot
Multi‑unit income property at 201 and 203 E 5th Street with approximately $2,000/month generated
Includes commercial storefront space with a long‑term tenant in place
Unit mix: three 1‑bedroom apartments plus one 2‑bedroom apartment
Additional large storage area with potential to be converted into another income‑producing unit
One 1‑bedroom apartment previously had fire damage isolated to that unit and will require a full rehab
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Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 2 Active listings in Big Stone Gap, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Riverfront Apartment Building
Historic Riverfront Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000
10,034 sqft 0.60 AC lot

Income-focused multifamily asset with updated units and riverfront views near downtown Kingsport amenities.

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Kingsport Multifamily Investment Opportunity
Kingsport Multifamily Investment Opportunity

1530 Woodland Avenue, Kingsport, TN 37665

$865,000
0.36 AC lot

Six income-producing units across three parcels in Kingsport, Tennessee.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

501 Front Street, Coeburn, VA 24230

$485,000

Three-story mixed-use building on Front Street includes commercial space plus multiple apartments across upper floors.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

501 High Ave NE, Coeburn, VA 24230

$485,000
7,722 sqft

Mixed-use building featuring apartments and commercial space for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Off-Market Properties in Big Stone Gap, VA

Consider similar Off-Market properties in Big Stone Gap, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1106 Wildcat Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1106 Wildcat Rd, Big Stone Gap, VA 24219-3976

Value Estimation by Request
3,447 sqft
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502 Orby Cantrell Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

502 Orby Cantrell Hwy, Big Stone Gap, VA 24219

$2,000,000
Estimated value
1,842 sqft
View details
511 Wood E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

511 Wood E Ave, Big Stone Gap, VA 24219-3062

Value Estimation by Request
4,255 sqft
View details
Cornerstone SE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

Cornerstone SE Ave, Big Stone Gap, VA 24219

Value Estimation by Request
1,120 sqft 0.12 AC lot
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516 6th N St
APARTMENT HOUSE (UNDER 5 UNITS)

516 6th N St, Big Stone Gap, VA 24219-2439

Value Estimation by Request
3,360 sqft
View details
328 Wyandotte E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

328 Wyandotte E Ave, Big Stone Gap, VA 24219-2906

Value Estimation by Request
2,060 sqft
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104 26th S St
APARTMENT HOUSE (UNDER 5 UNITS)

104 26th S St, Big Stone Gap, VA 24219-3702

Value Estimation by Request
2,184 sqft
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615 5th N St
APARTMENT HOUSE (UNDER 5 UNITS)

615 5th N St, Big Stone Gap, VA 24219-2430

Value Estimation by Request
1,976 sqft
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2713 4th E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2713 4th E Ave, Big Stone Gap, VA 24219-3605

Value Estimation by Request
2,117 sqft
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210 1st S St
APARTMENT HOUSE (UNDER 5 UNITS)

210 1st S St, Big Stone Gap, VA 24219-2626

Value Estimation by Request
842 sqft
View details
Midsouth Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Midsouth Rd, Big Stone Gap, VA 24219

Value Estimation by Request
3,808 sqft 4.80 AC lot
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318 Wyandotte E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

318 Wyandotte E Ave, Big Stone Gap, VA 24219-2986

Value Estimation by Request
3,510 sqft
View details
915 Wood W Ave
APARTMENT HOUSE (UNDER 5 UNITS)

915 Wood W Ave, Big Stone Gap, VA 24219-2139

Value Estimation by Request
2,496 sqft 0.47 AC lot
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740 Wood E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

740 Wood E Ave, Big Stone Gap, VA 24219-3022

Value Estimation by Request
1,870 sqft
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322 Wallens Rdg W Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

322 Wallens Rdg W Blvd, Big Stone Gap, VA 24219-2759

Value Estimation by Request
3,700 sqft
View details
4300 Powell Vly Rd
APARTMENT HOUSE (UNDER 5 UNITS)

4300 Powell Vly Rd, Big Stone Gap, VA 24219-4014

Value Estimation by Request
7,368 sqft 14.30 AC lot
View details
325 Pearl E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

325 Pearl E Ave, Big Stone Gap, VA 24219-2980

Value Estimation by Request
2,584 sqft
View details
197 Laurel Rdg
APARTMENT HOUSE (UNDER 5 UNITS)

197 Laurel Rdg, Big Stone Gap, VA 24219-2756

$535,000
Estimated value
6,240 sqft 1.08 AC lot
View details
321 Gilley E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

321 Gilley E Ave, Big Stone Gap, VA 24219-2975

Value Estimation by Request
4,512 sqft 0.23 AC lot
View details
810 6th N St
APARTMENT HOUSE (UNDER 5 UNITS)

810 6th N St, Big Stone Gap, VA 24219-2436

Value Estimation by Request
2,312 sqft
View details
2111 4th E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2111 4th E Ave, Big Stone Gap, VA 24219-3439

Value Estimation by Request
6,018 sqft
View details
2124 4th E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2124 4th E Ave, Big Stone Gap, VA 24219-3472

Value Estimation by Request
4,410 sqft
View details

Big Stone Gap, VA Apartment Buildings Market Trends and Statistics

Explore 30 apartment buildings for sale in Big Stone Gap, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $279,900.

Sale prices for two-family homes in Big Stone Gap, VA start at $279,900, averaging $279,900, and reaching up to $279,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K
Population Growth (5Y) -10.4%
Median Household Income $52,303
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Big Stone Gap submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24219 $214.5K

Taxes & Financing

Tax Rate (average for all types) 1.42%
Tax Rate vs County Average 0.81 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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