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Multi-Family Income Property

108 Kitten Lane Rural Retreat, VA 24368

108 Kitten Lane, Rural Retreat, VA, 24368
$650,000
For Sale
$650,000

MULTI_FAMILY - Rural Retreat, VA

Property Size10,000 SF
Lot Size3.68 Acres
Price / SF$65
Days on Market79

Property Features for 108 Kitten Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
16
Bathrooms
4
Rooms
Bedroom 4, Bedroom 8, Bedroom 15, Bedroom 5, Bedroom 6, Bedroom 16, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 12, Bedroom 14, Bedroom 9, Bedroom 11, Bedroom 10, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 13
Window features
Insulated Windows, Vinyl Frames
Fencing
Fenced
Basement
Crawl Space
Appliances
Range, Refrigerator
Standard status
Active
Size
10,000 SF
Lot size
3.68 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2467

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1970
Number of units
7
Flooring type
Laminate, Vinyl
Building materials
Brick, Vinyl Siding, Dry Wall
Roof type
Shingle
Listing Agency BHHS- Mountain Sky Properties, Wytheville
305 N 4th Street Suite B, Bland, VA
Listed by Christopher Fox · License #0225224934
Added: May 1 Checked: Jul 18 at 8:06 am
MLS# 109883 Listing URL

Copyright © 2026 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-family property consists of two duplexes totaling four 2-bedroom, 1-bath units, along with three mobile homes: two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. In addition, there are two tenant-owned mobile homes that contribute lot rent income. All units are individually metered, and public water and sewer service is already in place.

The property sits on Route 11 in Rural Retreat, Virginia. It is approximately 3 minutes from Exit 60 off Interstate 81 and about 10 minutes from Wytheville. The site totals roughly 3.68 acres, offering room for further development or expansion.

Reported current gross annual income is approximately $73,800 with an NOI of approximately $66,105. The property is zoned R.

Key Highlights

  • 3.86‑acre multi‑family property with 7 income‑producing units plus 2 tenant‑owned mobile homes for lot rent income
  • Two duplexes totaling four 2BR/1BA units, plus three mobile homes (two 3BR/2BA and one 2BR/1BA)
  • All units are individually metered with public water and public sewer already in place

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Apartment building - Multi-family property with two duplexes and three mobile homes, plus tenant-owned mobile homes generating lot rent.
Where is this apartment building located?
The property is located at 108 Kitten Lane Rural Retreat, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3.86‑acre multi‑family property with 7 income‑producing units plus 2 tenant‑owned mobile homes for lot rent income; Two duplexes totaling four 2BR/1BA units, plus three mobile homes (two 3BR/2BA and one 2BR/1BA); All units are individually metered with public water and public sewer already in place
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