Bristol, VA Multifamily Properties for Sale

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Abingdon, VA Bluff City, TN Blountville, TN Mendota, VA Lebanon, VA Piney Flats, TN Elizabethton, TN Kingsport, TN

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Updated: Jun 19

Rented Quadplex with Acreage

15424 Majestic Drive, Bristol, VA 24202

$439,000

4,200 sqft 3.58 AC lot

All four units are currently rented
3.58 +/- acres with 4,200 square feet of property size
R1 zoning with room to expand
Lower‑level units have been recently updated
Two upper units include 24‑foot fire escape ladders

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Updated: Jul 20

Grandfathered Mobile Home Park

2634 Island Road, Bristol, VA 24202

$425,000

1,218 sqft 1.65 AC lot

1.65‑acre mobile home park with 15 total sites
Eight sites have mobile homes; seven are designated lots
Six seller‑owned homes and two individually owned homes are on‑site
3‑bedroom, 1‑bath residence measuring 1,218 square feet
Grandfathered status with the City of Bristol under Commercial Use zoning

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Renovated Duplex with Deck

23342-40 Young Drive, Bristol, VA 24202

$374,900

2,436 sqft 0.55 AC lot

Renovated duplex on a 0.55-acre lot with two tenant-occupied units, updated HVAC and kitchens, plus a deck.

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Grandfathered Mobile Home Park

2634 Island Rd, Bristol, VA 24202

$425,000

1,218 sqft 1.65 AC lot

Established park with individual utility metering, sewer service, and an on-site residential dwelling.

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Remodeled Duplex with Creekside Setting

13590 Sinking Creek Road, Bristol, VA 24202

$400,000

0.58 AC lot

Two updated residential units include modern finishes, new appliances, and separate outdoor storage.

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Triplex with Decks and Expansion Space

2412,14,16 Bradley Street, Bristol, VA 24201

$425,000

2,817 sqft 0.56 AC lot

Triplex on 0.56 acres with three leased residences, decks, and partially updated space for an additional studio.

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Remodeled Duplex with Storage Building

13590 Sinking Creek Rd, Bristol, VA 24202

$400,000

25,265 sqft

Two leased units feature updated interiors, modern finishes, and new appliances.

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Three-Unit Property Near Casino

2412,14,16 Bradley St, Bristol, VA 24201

Contact for pricing

2,817 sqft

Three separate residences offer a multifamily configuration near Hard Rock Casino & Hotel Bristol.

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Residential Income Apartment Building

132 Mesa Lane, Bristol, VA 24201

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44,833 sqft

For-sale apartment building located off Euclid Avenue and Lee Highway with convenient access to I-81.

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Townhome-Style Apartment Community

19440 Manchester Dr, Bristol, VA 24202

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Manchester 242 Apartments offers 31 total units, including townhouses with 2 bedrooms and 1.5 baths.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 Active listings in Bristol, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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 Building with Lofts

16,18,20 6th Street, Bristol, TN 37620

$1,200,000

10,350 sqft

Six lofts and three leased commercial spaces combine residential and business uses in downtown Bristol.

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Brick Apartment Building

5129 Bluff City Highway, Bluff City, TN 37618

$849,000

8,000 sqft 0.57 AC lot

Five-unit property with washer/dryer hookups and tenant-paid utilities in a commercial-zoned setting.

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Brick Triplex with Detached Three-Car Garage

503 Georgia Avenue, Bristol, TN 37620

$350,000

0.32 AC lot

Brick two-story triplex built in 1947 with window AC units and a detached three-car garage.

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Income Producing Mobile Home Park

4573 Bluff City Hwy, Bluff City, TN 37618

Contact for pricing

14,000 sqft 4.50 AC lot

Mobile home park investment opportunity in Bluff City, Tennessee.

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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.

Abingdon Land Near South Holston

1.80 AC Twin Oaks Rd lot: 1, Abingdon, VA 24211

$54,900

1.80 AC lot

1.8-acre building lot near amenities and South Holston Lake.

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Abingdon, VA Building Lot

1.77 AC Twin Oaks Rd lot: 2, Abingdon, VA 24211

$54,900

1.77 AC lot

1.77-acre building lot near South Holston Lake.

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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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Residential Lot Near Watauga Lake

262 Stout Branch Road, Mountain City, TN 37683

$69,900

22,215 sqft 0.50 AC lot

Level lot with utilities, no restrictions, near Roan Creek.

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Off-Market Properties in Bristol, VA

Consider similar Off-Market properties in Bristol, 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.

Multifamily properties

132 Mesa Ln, Bristol, VA 24201

Value Estimation by Request

44,833 sqft 7.35 AC lot

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Multifamily properties

28 Flannagan Dr, Bristol, VA 24202

Value Estimation by Request

10.30 AC lot

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Multifamily properties

533 Island Rd, Bristol, VA 24201

Value Estimation by Request

3,547 sqft 3.39 AC lot

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Multifamily properties

269 Superior Cir, Bristol, VA 24201

Value Estimation by Request

4.70 AC lot

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Bristol, VA Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Bristol, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 84,804 square feet of properties for sale, with an estimated market value of $2,888,900.

Sale prices for multifamily properties in Bristol, VA start at $374,900, averaging $412,700, and reaching up to $439,000 — 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

Demographics Overview

Population 28K

Population Growth (5Y) +4.1%

Median Household Income $49,997

College Educated 12.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
24202	$410.7K
24201	$425K

Taxes & Financing

Tax Rate (average for all types) 0.40%

Property Tax per SF $10.26 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Bristol fall within the 25,000 to 50,000 square foot range.

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