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Rebuilt Multifamily Property
For Sale
$1,064,500

315 Sulpher Spring Rd, Chilhowie, VA 24319

Updated multifamily property with sunrooms in three units and four-zone heating and cooling.

Property Size6,380 SF
Price / SF$166.85
Days on Market202

Property Features for 315 Sulpher Spring Rd

General Information

Standard status Active
Size 6,380 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,690
Listing Agency: Price Richards Residential
Listed By: David Richards · License #VA 0225249039
Source: Exprealty
Added: Jan 15 Changed: Aug 2 Last Checked: Aug 2 at 3:48AM

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 Price Richards Residential

Investment Insights

Based on property information with market context.

This 6,380-square-foot multifamily property has undergone extensive reconstruction, including new plumbing, electrical systems, HVAC, flooring, windows, doors, trim, cabinets, smooth ceilings, interior paint, and a roof. Three units include sunrooms, while the four-zone heating and cooling configuration supports separate climate control across the property.

The property is located at 315 Sulpher Spring Rd in Chilhowie, VA, less than a mile from the interstate. Grocery, drug store, pharmacy, and Dollar General locations are nearby, providing convenient access to everyday retail and services.

Key Highlights

  • 6,380 SF multifamily property
  • Rebuilt with new plumbing, electrical, HVAC, flooring, windows, doors, trim, cabinets, ceilings, paint, and roof
  • Three units have sunrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 24319, VA

6,500
Population
3,100
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
62.4 sq mi
ZIP Area
104
Density / Sq Mi
$49,140
Median Household Income
$39,216
Median Earnings
$775
Median Rent
$145,400
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?
Multifamily property - Updated multifamily property with sunrooms in three units and four-zone heating and cooling.
Where is this multifamily property located?
The property is located at 315 Sulpher Spring Rd Chilhowie, VA.
What is the asking price?
The asking price for this property is $1,064,500.
What are key features of this property?
This property features: 6,380 SF multifamily property; Rebuilt with new plumbing, electrical, HVAC, flooring, windows, doors, trim, cabinets, ceilings, paint, and roof; Three units have sunrooms
More about this property
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