Apartment Building

Coeburn, VA Apartment Buildings for Sale

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Wise, VA Saint Paul, VA Castlewood, VA Norton, VA Dungannon, VA Dante, VA Clintwood, VA Nickelsville, VA
Brick Apartment Building with Commercial Space
Updated: Sep 28, 2023
Brick Apartment Building with Commercial Space

501 Front Street, Coeburn, VA 24230

$485,000
Three‑story brick apartment building built in 1908
Ground‑floor commercial area plus 1 apartment
Second floor with 4 apartments
Third floor with 1 apartment plus partially built‑out area with stage
Zoned Historical Dist
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Mixed-Use Building with Apartments
Updated: Jun 28, 2023
Mixed-Use Building with Apartments

501 High Ave NE, Coeburn, VA 24230

Contact for pricing
7,722 sqft
Owner will owner‑finance with attractive terms: $95,000 down, $300,000 loan at 6% interest, 30‑year amortization, and a 5‑year balloon.
Property includes 6 apartments and a commercial space, offering diverse income streams.
All 6 apartments are desirable 1/1 units, easily rentable.
Property is vacant, allowing for immediate income generation and tenant placement.
Average rent for 1‑bedroom units ranges from $600-$800, indicating strong rental potential.
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Coeburn, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Ranch Apartment Building with Five Units
Ranch Apartment Building with Five Units

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

$279,900
0.60 AC lot

Five-unit apartment building with public water and sewer, heated and cooled by heat pumps, built in 1990.

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Mixed-Use Apartment Building with Storefront
Mixed-Use Apartment Building with Storefront

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

$149,000
0.20 AC lot

Mixed-use building on 0.2 acres with three 1-bedroom units, one 2-bedroom unit, and a storefront tenant under long-term lease.

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Norton Apartment Building For Sale
Norton Apartment Building For Sale

730 NE Virginia Avenue, Norton, VA 24273

$60,000
5,860 sqft 0.15 AC lot

18-unit apartment building with income potential in Norton, Virginia.

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18-Unit Apartment Building
18-Unit Apartment Building

730 Virginia Ave Ne, Norton, VA 24273

$60,000
5,860 sqft

Apartments offer individual electric metering, multiple walkout entrances, and public water and sewer service.

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Off-Market Properties in Coeburn, VA

Consider similar Off-Market properties in Coeburn, 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.

207 Diagonal NE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

207 Diagonal NE Ave, Coeburn, VA 24230-4010

$525,000
Estimated value
3,968 sqft
View details
419 Frnt E St
APARTMENT HOUSE (UNDER 5 UNITS)

419 Frnt E St, Coeburn, VA 24230

$70,000
Estimated value
9,088 sqft
View details
301 2nd SW St
APARTMENT HOUSE (UNDER 5 UNITS)

301 2nd SW St, Coeburn, VA 24230

$155,000
Estimated value
1,750 sqft
View details
206 2nd SW St
APARTMENT HOUSE (UNDER 5 UNITS)

206 2nd SW St, Coeburn, VA 24230

$160,000
Estimated value
1,702 sqft
View details
201 Diagonal NE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

201 Diagonal NE Ave, Coeburn, VA 24230-4016

$170,000
Estimated value
966 sqft 0.28 AC lot
View details
206 2nd SW St
APARTMENT HOUSE (UNDER 5 UNITS)

206 2nd SW St, Coeburn, VA 24230

$250,000
Estimated value
4,405 sqft
View details
521 Frnt E St
APARTMENT HOUSE (UNDER 5 UNITS)

521 Frnt E St, Coeburn, VA 24230-4026

$250,000
Estimated value
8,128 sqft
View details

Coeburn, VA Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Coeburn, VA on our real estate platform. These investment opportunities span a total of 7,722 square feet of properties for sale, with an estimated market value of $485,000.

Sale prices for two-family homes in Coeburn, VA average $485,000 — 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 7,057
Population Growth (5Y) -19.9%
Median Household Income $56,040
College Educated 18.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24230 $485K

Taxes & Financing

Tax Rate (average for all types) 0.60%
Property Tax per SF $14.84 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wise County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wise County

Office

Residential Income

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