Search
Six-Unit Apartment Building
For Sale
$255,000

166 Warner Myers Rd, Pennington Gap, VA 24277

Income-producing six-unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.

Property SizeContact for details
Days on Market56

Property Features for 166 Warner Myers Rd

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 6

Amenities

Window Unit(s)
Baseboard, Electric
Dryer, Range, Refrigerator, Washer
Off Street, On Site

Building Details

Year Built 1984
Tenancy Multi
Listing Agency: Century 21 Virginia Wilder Real Estate
Listed By: D.J. Wilder · License #324242
Source: Evrealestate
Added: Jul 14 Changed: Aug 28 Last Checked: Sep 7 at 5:21AM

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 Century 21 Virginia Wilder Real Estate

Investment Insights

Based on property information with market context.

This six-unit apartment building is an income-producing multifamily asset with six separate rental opportunities under one roof. The property is positioned to appeal to investors looking for diversified unit income within a single building structure.

Conveniently located in Pennington Gap, the building offers easy access to local employers, schools, shopping, and everyday amenities, supporting tenant day-to-day needs.

With six units in place, the property provides a straightforward scale for multifamily ownership, combining multiple units into one investment you can manage as a single asset.

Key Highlights

  • Income‑producing 6‑unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.
  • Multifamily property structure provides six separate rental units under one ownership for diversified income streams.
  • Designed to support continued tenant demand with convenient access to local employers, schools, shopping, and everyday amenities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Law Firm Storage Facility (Bike/Boat/Book/etc) 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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 24277, VA

6,463
Population
2,560
Households
2.5
Avg Household Size
40
Median Age
8%
College-Educated
73%
High-School Grad
53.2 sq mi
ZIP Area
121
Density / Sq Mi
$33,102
Median Household Income
$20,797
Median Earnings
$764
Median Rent
$81,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing six-unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.
Where is this apartment building located?
The property is located at 166 Warner Myers Rd Pennington Gap, VA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Income‑producing 6‑unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.; Multifamily property structure provides six separate rental units under one ownership for diversified income streams.; Designed to support continued tenant demand with convenient access to local employers, schools, shopping, and everyday amenities.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message