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Brick Five-Unit Apartment Building
For Sale
$199,900
Pending

112 Dale Street, Wise, VA 24293

MULTI_FAMILY - Wise, VA

Property Size3,429 SF
Lot Size1.20 Acres
Days on Market99

Property Features for 112 Dale Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RB
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 6
Parking features Driveway
Elementary school Wise Elementary
Middle school L. F. Addington
High school Central (Wise, Va)
Directions From Inn at Wise. Turn left onto Birchfield RD. Make a left onto Dale ST. Property on left
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
Listed By: Robert Smith · License #0225262208, 384142
Added: May 6 Changed: Aug 3 Last Checked: Aug 12 at 2:06AM
MLS# 9994996

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.

Brick five-unit apartment complex on a 1.2-acre lot in Wise, Virginia. Built in 1962, the property is improved with a metal roof and electric heating, and cooled with window unit(s). Flooring is listed as laminate, and parking is provided via a driveway.

The current unit mix includes eight bedrooms and four bathrooms based on the room listing. The property does require TLC: one unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. The remaining units are set up for updates and improvements.

Located in the heart of Wise near UVA Wise, local schools, shopping, dining, and other amenities, the building is positioned for steady rental demand. Public water and public sewer are both provided to the property, supporting day-to-day operations across the multi-unit layout.

Key Highlights

  • Brick five‑unit apartment complex on 1.2 acres in Wise, VA
  • Zoned RB with public water and public sewer
  • Built in 1962 with metal roof and electric heating

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Grocery & Convenience Store Locksmith HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 24293, VA

9,442
Population
4,642
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
84%
High-School Grad
56.6 sq mi
ZIP Area
167
Density / Sq Mi
$53,970
Median Household Income
$36,643
Median Earnings
$801
Median Rent
$119,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Zoned RB, the brick apartment complex totals 1.2 acres with public water and sewer.
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: Brick five‑unit apartment complex on 1.2 acres in Wise, VA; Zoned RB with public water and public sewer; Built in 1962 with metal roof and electric heating
More about this property
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