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Six-Unit Apartment Building
For Sale
$698,000

15295 Enterprise Rd, Abingdon, VA 24211

Fully leased multifamily property on two parcels with a rear lot.

Property Size7,296 SF
Price / SF$95.67
Days on Market12

Property Features for 15295 Enterprise Rd

General Information

Standard status Active
Size 7,296 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,755
Listing Agency: Matt Smith Realty
Listed By: Lindsay Trudeau · License #0225254617
Source: Exprealty
Added: Aug 5 Changed: Aug 15 Last Checked: Aug 16 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matt Smith Realty

Investment Insights

Based on property information with market context.

This 7,296-square-foot apartment property contains six units, all of which are currently leased. The asset is arranged across two separate parcels and includes a rear lot adjoining the apartment improvements.

Located on Enterprise Road in Abingdon, the property is described as being minutes from Interstate 81, shopping, employment centers, restaurants, and downtown Abingdon.

Key Highlights

  • Six apartment units, all currently leased
  • 7,296 square feet of apartment improvements
  • Property spans two separate parcels

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Nail Salon Law Firm Daycare Center

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

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 24211, VA

9,864
Population
4,748
Households
2.1
Avg Household Size
50
Median Age
37%
College-Educated
92%
High-School Grad
70.2 sq mi
ZIP Area
141
Density / Sq Mi
$84,559
Median Household Income
$47,095
Median Earnings
$985
Median Rent
$280,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully leased multifamily property on two parcels with a rear lot.
Where is this apartment building located?
The property is located at 15295 Enterprise Rd Abingdon, VA.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Six apartment units, all currently leased; 7,296 square feet of apartment improvements; Property spans two separate parcels
More about this property
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