Multi-Family Investment Opportunity in
1740 Bonham Road, Bristol, VA 24201
- Added:
- Dec 12, 2025
- Days on Market:
- 157
- Last Refresh:
- May 18 at 3:06 pm
Property Features for 1740 Bonham Road
General Information
- Property type
- Commercial Lease
- Property subtype
- Other
- Zoning
- R
- Standard status
- Active
- APN
- 267-1-24
- Size
- 15,000 SF
- Lot size
- 1.58 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1966
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle
Listing agent Emily Thomas License #367784 (423) 429-6011
Listing office KW Kingsport 2 Sheridan Square Suite 200, Johnson City, VA (423) 247-5510
Listing date Dec 12, 2025
MLS# 9989211
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.
HighLights
- Strong income potential with 20 rental units in a well‑established area of Bristol, Virginia.
- Currently operating as a rental property, offering a stabilized multi‑unit asset for immediate income.
- Convenient location near shopping, dining, schools, and major roadways, ensuring consistent rental demand.
- Mix of updated units and opportunities for value‑add through future renovations and rent optimization.
- Multiple buildings on one site allowing for manageable operations and long‑term investment potential.
- Durable construction with brick and vinyl siding, shingle roof, and public water/sewer.
Overview
This multi-family property, located in Bristol, Virginia, features four buildings with a total of 20 rental units. The property is currently operating as a rental, presenting an opportunity for investors seeking to expand their portfolio or acquire a stabilized multi-unit asset. Situated on a 1.58-acre lot, the property is zoned R. Several units have been updated, offering a combination of existing improvements and potential for future value-add through renovations and rent optimization. The location is near shopping, dining, schools, and major roadways, supporting consistent rental demand. The layout, with multiple buildings on one site, allows for manageable operations and long-term investment potential. The property size is 15000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Washington
- State
- Virginia
- Longitude
- -82.129368
- Latitude
- 36.622334
Nearby Similar for Lease
FAQs
What type of property is this?
Apartment building - 20-unit multi-family property for rent in Bristol, Virginia.
Where is this apartment building located?
The property is located at 1740 Bonham Road Bristol, VA.
What is the lease rate?
The lease rate is $3,000,000.
What are key features of this property?
This property features: Strong income potential with 20 rental units in a well‑established area of Bristol, Virginia.; Currently operating as a rental property, offering a stabilized multi‑unit asset for immediate income.; Convenient location near shopping, dining, schools, and major roadways, ensuring consistent rental demand.
