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Five-Unit Multifamily Property
For Sale
$240,000

8091 Wrights Hill Rd, Pound, VA 24279

Five occupied rentals include three singlewide mobile homes and two houses with public water and sewer.

Property Size230,868 SF
Lot Size5.30 Acres
Price / SF$1.04
Days on Market49

Property Features for 8091 Wrights Hill Rd

General Information

Standard status Active
Size 230,868 SF
Lot size 5.30 Acres
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 3BR/2BA, 1 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units 5

Additional Details

Gross Income $26,400
Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: The Realty Shop
Listed By: The Freck Group, Shad Freck, Stephanie M
Source: Livinginjohnsoncity
Added: Jul 14 Changed: Aug 30 Last Checked: Aug 30 at 4:17PM

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 The Realty Shop

Investment Insights

Based on property information with market context.

This multifamily property contains five occupied rental units across a 5.3-acre tract. The improvements comprise three singlewide mobile homes and two houses, creating a mix of residential structures on one property. Each unit is served by public water and sewer, and all five are currently occupied.

Unit layouts range from two to three bedrooms and one to two bathrooms. The mobile homes include heat pumps, with configurations of three bedrooms and one-and-a-half bathrooms, three bedrooms and two bathrooms, and two bedrooms with one bathroom. Both houses offer three bedrooms and one bathroom, with heat pumps as well.

Key Highlights

  • Five occupied rental units on one property
  • 5.3‑acre multifamily tract
  • Unit mix includes 3 singlewide mobile homes and 2 houses

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Dental Office Catering Service Big Box & Wholesale Store Computer & Electronic Repair

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

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 24279, VA

4,693
Population
1,972
Households
2.4
Avg Household Size
42
Median Age
10%
College-Educated
77%
High-School Grad
79.3 sq mi
ZIP Area
59
Density / Sq Mi
$42,344
Median Household Income
$27,884
Median Earnings
$666
Median Rent
$98,900
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 - Five occupied rentals include three singlewide mobile homes and two houses with public water and sewer.
Where is this multifamily property located?
The property is located at 8091 Wrights Hill Rd Pound, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Five occupied rental units on one property; 5.3‑acre multifamily tract; Unit mix includes 3 singlewide mobile homes and 2 houses
More about this property
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