Coeburn Multifamily Investment
207 NE Diagonal Avenue, Coeburn, VA 24230
COMMERCIAL - Coeburn, VA
Property size:
10,000 SFLot size:
0.50 AcresPrice / SF:
$100/SF- Added:
- Feb 28, 2026
- Days on Market:
- 75
- Last Refresh:
- May 14 at 8:06 pm
Property Features for 207 NE Diagonal Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 005446,014349,007302
- Size
- 10,000 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle, Metal
Listing agent Sarah Sawyers License #333616 (276) 698-8651
Listing office Path Real Estate LLC 18 6th Street, Bristol, VA (423) 377-0577
Listing date Feb 28, 2026
MLS# 9991704
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
- Four separate income‑producing properties offer immediate cash flow and significant upside potential.
- Fully rented brick quadplex provides steady, reliable income from day one.
- Downtown building with a vacant storefront presents a value‑add renovation opportunity.
- Newer duplex with both units rented adds modern appeal and income stability.
- Partially occupied quadplex offers potential to increase income by renting the vacant unit.
- Significant potential for rent increases across all properties due to outdated rental rates.
Overview
This commercial real estate portfolio in Coeburn, VA, presents an investment opportunity with four separate structures. The properties include a brick quadplex that is fully rented, providing immediate income. A large downtown building features a storefront space requiring renovation, offering a value-add opportunity, along with a 3-bedroom apartment that is currently rented. A second quadplex is partially occupied, with 3 of the 4 units rented. A newer duplex, with both units rented, adds modern appeal and income stability. The properties are located at 225 2nd avenue, 402 Queen Street, and 710 Lynncrest. The rents have not been increased recently, indicating potential for future growth through rent adjustments and improvements. This portfolio offers immediate returns and long-term upside for investors. The lot size is 0.5 acres, and the property size is 10000 Square Feet. Taxes are approximate, as the tax rate hasn't yet been determined for the new assessment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Coeburn
- County
- Wise
- State
- Virginia
- Longitude
- -82.467686
- Latitude
- 36.944076
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four properties with immediate income and significant upside potential.
Where is this quadplex located?
The property is located at 207 NE Diagonal Avenue Coeburn, VA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four separate income‑producing properties offer immediate cash flow and significant upside potential.; Fully rented brick quadplex provides steady, reliable income from day one.; Downtown building with a vacant storefront presents a value‑add renovation opportunity.
