Multifamily

Norton, VA Multifamily Properties for Lease

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Mixed-Use Investment Property in Norton
Updated: Nov 25, 2025
Mixed-Use Investment Property in Norton

1523 Kentucky Ave SE, Norton, VA

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5,102 sqft 0.55 AC lot
Multiple Income Streams: Features two apartments and a manufactured home, all currently generating rental income.
Commercial Space: Includes 2,000 sq/ft of unoccupied commercial space suitable for rental or owner use (retail, office, or wholesale).
Sizeable Units: Apartment sizes are 1,100 sq/ft and 850 sq/ft; the manufactured home is 1,152 sq/ft.
Convenient Location: Situated on Kentucky Avenue in Norton, VA, close to major highways (U.S. 58‑A and U.S. 23).
One apartment includes a two‑car carport.
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Norton, VA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 Properties for Sales.

Multifamily properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Eight-Unit Apartment Building
Eight-Unit Apartment Building

420 Wheatley Street, Kingsport, TN 37660

$880,000/Mo
7,864 sqft 0.57 AC lot

Brick multifamily property with individually metered apartments, public utilities, on-site parking, and an additional storage area.

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Apartment Rental with Terrace Access
Apartment Rental with Terrace Access

9035 Lindholm Drive Unit A3, Huntersville, NC 28078

$1,621/Mo
778 sqft

Apartment unit A3 offered for rent with a private terrace in the Solis Birkdale community.

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Townhome-Style Apartment Unit
Townhome-Style Apartment Unit

9035 Lindholm Drive Unit B3, Huntersville, NC 28078

$2,341/Mo
1,077 sqft

Lease incentives include up to 10 weeks free base rent for move-ins by July 20, plus offer terms may change.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

420 Wheatley St, Kingsport, TN 37660

Contact for pricing
7,864 sqft

Fully occupied apartments offer varied floor plans, separately metered power, and on-site parking.

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Similar Spaces for Sale in Norton, VA

Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

18-Unit Apartment Building
18-Unit Apartment Building

730 NE Virginia Avenue, Norton, VA 24273

$60,000
5,860 sqft 0.15 AC lot

Commercially zoned multifamily property with individually metered electric units and public water and sewer.

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18-Unit Apartment Building
18-Unit Apartment Building

730 Virginia Ave Ne, Norton, VA 24273

$60,000
5,860 sqft

Apartments offer individual electric metering, multiple walkout entrances, and public water and sewer service.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

1523 Kentucky Ave SE, Norton, VA 24273

Contact for pricing
5,102 sqft

Income-producing property combines residential units, a manufactured home, and commercial space with office, storage, and garage areas.

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Norton, VA Multifamily properties Lease Rates & Market Statistics

Explore 1 Multifamily properties listing for lease in Norton, VA on Realmo, a commercial real estate exchange covering the Norton area. The current inventory totals 5,102 square feet of properties.

Norton accounts for 100% of the 1 multifamily properties listing currently available across Norton County. Multifamily properties are one of the more limited space types in Norton, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.

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