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Two-Home Multifamily Property
For Sale
$315,700

289 Hilton Road, Gate City, VA 24251

Multi Family, Gate City, VA

Property Size2,206 SF
Lot Size1.00 Acre
Price / SF$143.11
Days on Market521

Property Features for 289 Hilton Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Rs
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 6, Dining Room, Bedroom 2, Bathroom 3
Parking features RV, Driveway
Window features Double Pane Windows
Patio and Porch features Porch, Patio
Interior features Kitchen/Dining Combo
Basement Concrete
Subdivision Not Listed
Elementary school Hilton
Middle school Gate City
High school Gate City
Directions From Kingsport, turn onto Lynn Garden Dr. Right onto Wadlow Gap, Left onto Bristol Hwy. Left onto Hilton Rd, .2 miles and homes are on the left.
Standard status Active
APN 148 2 1b 2c
Size 2,206 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 1321

Utilities

Utilities Cable Available
Sewer type Private Sewer, Septic Tank
Heating system Propane (Heating), Oil
Cooling system Heat Pump
Water source Public

Building Details

Year built 1946
Floors in Building 2
Number of units 2
Flooring type Carpet, Hardwood, Vinyl
Building materials Masonite
Roof type Metal
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Blue Ridge Properties
Listed By: Angela Rundle · License #333723
Added: Apr 24, 2025 Changed: Sep 14 Last Checked: Sep 26 at 8:06AM
MLS# 9979271

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.

This multifamily property includes a two-story residence with 5 bedrooms and 2 bathrooms, along with a second double-wide home. Built in 1992 and remodeled in 2016, the double-wide provides 2 bedrooms, 2 full bathrooms, a den, living room, eat-in kitchen, and sun porch. The primary residence includes a kitchen and dining combination, with vinyl, hardwood, and carpet flooring throughout the improvements. The property also features patio and porch areas, metal roofing, heat pump cooling, and propane and oil heating.

Located at 289 Hilton Road in Gate City, the property occupies 1 acre and includes three garage structures: a 2-car garage with doors, a single-car garage, and a 2-car garage without doors. Each residence has its own septic system, while the systems share a field bed. Public water and cable availability are also reported. Zoning is Rs.

Key Highlights

  • Two residences on a 1‑acre parcel
  • Primary home offers 5 bedrooms and 2 bathrooms
  • 1992 double‑wide remodeled in 2016

Property Analytics

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Current Use

Multifamily properties

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 24251, VA

8,405
Population
4,388
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
117.2 sq mi
ZIP Area
72
Density / Sq Mi
$44,990
Median Household Income
$41,875
Median Earnings
$643
Median Rent
$133,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Two separate residences with multiple garages, private septic systems, and a one-acre parcel in Scott County.
Where is this multifamily property located?
The property is located at 289 Hilton Road Gate City, VA.
What is the asking price?
The asking price for this property is $315,700.
What are key features of this property?
This property features: Two residences on a 1‑acre parcel; Primary home offers 5 bedrooms and 2 bathrooms; 1992 double‑wide remodeled in 2016
More about this property
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