Multifamily

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 Mount Pleasant, TN
Four-Unit Residential Income Property
Updated: Jun 19
Four-Unit Residential Income Property

15424 Majestic Drive, Bristol, VA 24202

$439,000
4,200 sqft 3.58 AC lot
3.58 +/- acre multi‑unit property with all four units currently rented and room to expand
Conveniently located just off Exit 10
Unit #2 includes its own washer & dryer; other units have company‑owned washer/dryer and major appliances
Safety features include fire extinguishers for all four units and two upstairs units with 24‑foot fire escape ladders
Downstairs units include dehumidifiers and have been recently updated
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Mobile Home Park Income Property
Updated: Jul 20
Mobile Home Park Income Property

2634 Island Road, Bristol, VA 24202

$425,000
1,218 sqft 1.65 AC lot
Mobile home park on approx. +/- 1.65 acres with 15 total lots in the City of Bristol
15 individual electric meters and the property is on public sewer; each site has its own water cutoff
Includes a 3BR/1BA residence plus 15 mobile home park lots (8 with mobile homes; 7 vacant lots)
Current lot‑rent structure includes $375 lot rent; 2 of the 7 vacant lots are currently being rented
Public utilities: water is public and sewer is public sewer; seller pays water with renters paying back through rent
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Renovated Duplex with Two 2BR Units
Renovated Duplex with Two 2BR Units

23342-40 Young Drive, Bristol, VA 24202

$374,900
2,436 sqft 0.55 AC lot

Renovated duplex offers two separately laid-out 2-bedroom units, each with eat-in kitchen, laundry, and updated systems.

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LIHTC Multifamily Investment Opportunity
LIHTC Multifamily Investment Opportunity

144 Harbor Lndg, Bristol, VA 24201

$1,750,000
40,960 sqft

Multifamily property in Bristol, VA with 32 units.

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Bristol Multifamily Investment Opportunity
Bristol Multifamily Investment Opportunity

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

$425,000
2,817 sqft 0.56 AC lot

Income-producing property near Hard Rock Casino with expansion potential.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 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 Retail/Office
Mixed-Use Building with Retail/Office

2783 Island Road, Blountville, TN 37617

$240,000
600 sqft 0.51 AC lot

Three residential units plus a retail/office lease space fronting Highway 394, offering flexible income-generating use.

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Duplex with Vinyl Siding
Duplex with Vinyl Siding

253 Harr Town Road, Blountville, TN 37617

$229,900
3,024 sqft 0.18 AC lot

Maintenance-friendly vinyl exterior and interior flooring support an occupied duplex suited for a residential income purchase.

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Four-Plex Rental Property For Sale
Four-Plex Rental Property For Sale

620 Cherry Street, Bristol, TN 37620

$379,999
1,502 sqft 0.22 AC lot

Four-unit rental property near downtown Bristol, TN/VA.

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Turnkey Duplex With Two Units
Turnkey Duplex With Two Units

713 Ash Street, Unit 3, Bristol, TN 37620

$215,000
3,100 sqft

Turnkey duplex for sale with separate upstairs entry, laundry hookups, and a main-level unit featuring central heating and cooling.

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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.

Lakefront Land with Development Potential
Lakefront Land with Development Potential

6144 Us Hwy 421, Bristol, TN 37620

$1,240,000
30.80 AC lot

30.8-acre lakefront property with development potential on South Holston Lake.

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Abingdon Land Near South Holston
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
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
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 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.

132 Mesa Ln
Multifamily properties

132 Mesa Ln, Bristol, VA 24201

Value Estimation by Request
44,833 sqft 7.35 AC lot
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28 Flannagan Dr
Multifamily properties

28 Flannagan Dr, Bristol, VA 24202

Value Estimation by Request
10.30 AC lot
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533 Island Rd
Multifamily properties

533 Island Rd, Bristol, VA 24201

Value Estimation by Request
3,547 sqft 3.39 AC lot
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269 Superior Cir
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 9 multifamily properties for sale in Bristol, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 51,631 square feet of properties for sale, with an estimated market value of $3,413,900.

Sale prices for multifamily properties in Bristol, VA start at $374,900, averaging $682,780, and reaching up to $1,750,000 — 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

Apartment buildings 1
Duplexes 1
Quadplexes 1
Short term rental properties 1

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 $407K
24201 $1.6M

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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