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Wise VA Multifamily Investment Opportunity

112 Dale Street Wise, VA 24293

112 Dale Street, Wise, VA, 24293
$199,900
Pending
For Sale
$199,900
Pending

MULTI_FAMILY - Wise, VA

Property Size3,429 SF
Lot Size1.20 Acres
Days on Market72

Property Features for 112 Dale Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
Parking features
Driveway
Standard status
Pending
APN
013403
Size
3,429 SF
Lot size
1.20 Acres

Taxes and HOA fees

Tax Annual Amount
1379

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1962
Number of units
5
Flooring type
Laminate
Building materials
Brick
Roof type
Metal
Listing Agency Park Hill Realty Group, LLC
208 Cherokee Street, KINGSPORT, VA
Listed by Robert Smith · License #0225262208, 384142
Added: May 6 Checked: Jul 16 at 8:06 pm
MLS# 9994996 Listing URL

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 five-unit apartment complex, situated on over an acre of land in Wise, Virginia, presents an investment opportunity. The property is conveniently located near UVA Wise, local schools, shopping, dining, and other amenities. The property requires some improvements, offering a value-add opportunity. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. The remaining units are ready for updates and improvements. The property offers location, acreage, and income potential.

Key Highlights

  • 5‑unit apartment complex on over 1 acre of land in Wise
  • One unit is currently occupied and producing income; other units are ready for updates
  • One unit previously experienced a fire and will require rehabilitation

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Electrical Service Furniture & Home Goods Grocery & Convenience Store Locksmith HVAC Service Carpet & Flooring Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit apartment complex on over an acre near UVA Wise.
Where is this apartment building located?
The property is located at 112 Dale Street Wise, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 5‑unit apartment complex on over 1 acre of land in Wise; One unit is currently occupied and producing income; other units are ready for updates; One unit previously experienced a fire and will require rehabilitation
Contact an agent
More about this property
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