Multifamily

Big Stone Gap, VA Multifamily Properties for Sale

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Income-Producing Property in Big Stone Gap
Updated: May 11
Income-Producing Property in Big Stone Gap

207 Garland Loop, Big Stone Gap, VA 24219

$525,000
12.18 AC lot
High‑income potential with existing gross monthly income of approximately $7,200.
Significant upside potential through improvements, additional rentals, and expansion on 12.18 surveyed acres.
28 total lots, including 17 rented mobile homes, 3 lot renters, and 4 vacant lots ready for immediate expansion.
Four lots with older units offer redevelopment or replacement opportunities.
Attractive location with breathtaking wooded surroundings and mountain views, conveniently located near town amenities.
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Income-Producing Mobile Home Park
Updated: May 7
Income-Producing Mobile Home Park

345 S Hamblen Street, Big Stone Gap, VA 24219

$299,900
6.80 AC lot
Income‑producing mobile home park, generating approximately $4,600 monthly.
Significant upside potential with cleared expansion areas and existing utility hookups.
Situated on nearly 7 acres with mountain views and a peaceful setting.
Features 14 total trailer sites, including 3 lot renters.
Convenient location close to shopping, schools, and local amenities.
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Multifamily Investment Opportunity in Big Stone Gap
Multifamily Investment Opportunity in Big Stone Gap

2828 E 4th Avenue, Big Stone Gap, VA 24219

$279,900
0.60 AC lot

Well-maintained, income-generating multifamily property near Union schools.

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Established Mobile Home Park
Established Mobile Home Park

3103 Juneberry Road, Big Stone Gap, VA 24219

$725,000

Fully operational mobile home park with long-term renters.

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Income-Producing Mobile Home Park
Income-Producing Mobile Home Park

4009-4025 Inby Lane, Big Stone Gap, VA 24219

$485,000
8.19 AC lot

Established trailer park with 20 units and income potential.

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Duplex with Expandable Acreage
Duplex with Expandable Acreage

3516 Goldleaf Drive, Big Stone Gap, VA 24219

$250,000
9.00 AC lot

Two income-producing rental units on 9 acres, zoned B3, offering flexibility for housing and future development.

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Mixed-Use Multifamily with Storefront
Mixed-Use Multifamily with Storefront

201 S 5th Street, Big Stone Gap, VA 24219

$149,000
0.20 AC lot

Income-producing property with storefront tenant and four apartments, including one unit requiring full rehab after fire damage.

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Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 7 Active listings in Big Stone Gap, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Property in Wise, Virginia
Mixed-Use Property in Wise, Virginia

528 W Main Street, Wise, VA 24293

$325,000
2,462 sqft 0.29 AC lot

Commercial space with apartments in the heart of Wise.

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Manufactured Home Income Property
Manufactured Home Income Property

10223 Tacoma School Road, Coeburn, VA 24230

$299,000
9.00 AC lot

Nine acres with multiple leased homes and lots, supporting a residential income setup in Wise County, Virginia.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

528 W Main St, Wise, VA 24293

$325,000
2,462 sqft

Mixed-use building with approximately 2,000 sq ft of retail and storage plus two occupied apartments.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

501 Front Street, Coeburn, VA 24230

$485,000

Three-story mixed-use building on Front Street includes commercial space plus multiple apartments across upper floors.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in Coeburn, VA
Vacant Lot in Coeburn, VA

Buckingham Road, Coeburn, VA 24230

Contact for pricing
0.10 AC lot

Vacant lot with utilities available, suitable for residential development.

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Residential Land in Jonancy, KY
Residential Land in Jonancy, KY

Highway 610 W Map# 039-00-00-016.04 lot: Hill, Jonancy, KY 41538

$216,000
35.00 AC lot

35 acres of residential land with development potential.

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Unrestricted Lot in Rogersville, TN
Unrestricted Lot in Rogersville, TN

E Main Street, Rogersville, TN 37857

$49,000
0.42 AC lot

Unrestricted 0.42-acre lot suitable for double-wide homes.

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Scenic Land with Mountain Views
Scenic Land with Mountain Views

Summit Avenue, Lebanon, VA 24266

Contact for pricing
1.10 AC lot

1.1 acres of land near Lebanon, VA, perfect for building.

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Off-Market Properties in Big Stone Gap, VA

Consider similar Off-Market properties in Big Stone Gap, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1106 Wildcat Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1106 Wildcat Rd, Big Stone Gap, VA 24219-3976

Value Estimation by Request
3,447 sqft
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502 Orby Cantrell Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

502 Orby Cantrell Hwy, Big Stone Gap, VA 24219

$2,000,000
Estimated value
1,842 sqft
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511 Wood E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

511 Wood E Ave, Big Stone Gap, VA 24219-3062

Value Estimation by Request
4,255 sqft
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Cornerstone SE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

Cornerstone SE Ave, Big Stone Gap, VA 24219

Value Estimation by Request
1,120 sqft 0.12 AC lot
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516 6th N St
APARTMENT HOUSE (UNDER 5 UNITS)

516 6th N St, Big Stone Gap, VA 24219-2439

Value Estimation by Request
3,360 sqft
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328 Wyandotte E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

328 Wyandotte E Ave, Big Stone Gap, VA 24219-2906

Value Estimation by Request
2,060 sqft
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104 26th S St
APARTMENT HOUSE (UNDER 5 UNITS)

104 26th S St, Big Stone Gap, VA 24219-3702

Value Estimation by Request
2,184 sqft
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615 5th N St
APARTMENT HOUSE (UNDER 5 UNITS)

615 5th N St, Big Stone Gap, VA 24219-2430

Value Estimation by Request
1,976 sqft
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2713 4th E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2713 4th E Ave, Big Stone Gap, VA 24219-3605

Value Estimation by Request
2,117 sqft
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210 1st S St
APARTMENT HOUSE (UNDER 5 UNITS)

210 1st S St, Big Stone Gap, VA 24219-2626

Value Estimation by Request
842 sqft
View details
Midsouth Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Midsouth Rd, Big Stone Gap, VA 24219

Value Estimation by Request
3,808 sqft 4.80 AC lot
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318 Wyandotte E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

318 Wyandotte E Ave, Big Stone Gap, VA 24219-2986

Value Estimation by Request
3,510 sqft
View details
915 Wood W Ave
APARTMENT HOUSE (UNDER 5 UNITS)

915 Wood W Ave, Big Stone Gap, VA 24219-2139

Value Estimation by Request
2,496 sqft 0.47 AC lot
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740 Wood E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

740 Wood E Ave, Big Stone Gap, VA 24219-3022

Value Estimation by Request
1,870 sqft
View details
322 Wallens Rdg W Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

322 Wallens Rdg W Blvd, Big Stone Gap, VA 24219-2759

Value Estimation by Request
3,700 sqft
View details
4300 Powell Vly Rd
APARTMENT HOUSE (UNDER 5 UNITS)

4300 Powell Vly Rd, Big Stone Gap, VA 24219-4014

Value Estimation by Request
7,368 sqft 14.30 AC lot
View details
325 Pearl E Ave
APARTMENT HOUSE (UNDER 5 UNITS)

325 Pearl E Ave, Big Stone Gap, VA 24219-2980

Value Estimation by Request
2,584 sqft
View details

Big Stone Gap, VA Multifamily Properties Market Trends and Statistics

Explore 35 multifamily properties for sale in Big Stone Gap, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,564,800.

Sale prices for multifamily properties in Big Stone Gap, VA start at $250,000, averaging $427,466, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 4
Apartment buildings 2
Duplexes 1

Demographics Overview

Population 10K
Population Growth (5Y) -10.4%
Median Household Income $52,303
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Big Stone Gap submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24219 $387.7K

Taxes & Financing

Tax Rate (average for all types) 1.42%
Tax Rate vs County Average 0.81 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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