Multifamily

Castlewood, VA Multifamily Properties for Sale

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Multifamily Property with Guest Cottages
Updated: Apr 8, 2025
Multifamily Property with Guest Cottages

67 Church St, Castlewood, VA 24224

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4,192 sqft
Three‑bedroom main house built in 1890
Two remodeled guest cottages included
First cottage offers approximately 1,408 sq ft, 2 bedrooms, and 2 baths
Second cottage spans about 816 sq ft across two floors
Main house features original woodwork and wood floors
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Castlewood, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Multifamily Property with Two Homes
Multifamily Property with Two Homes

3645 Dc Caney Ridge Rd, Clintwood, VA 24228

$223,999
254,826 sqft 5.80 AC lot

Two separate residences share a rural property with outbuildings, paved access, and additional open land.

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Multifamily Property With Two Homes
Multifamily Property With Two Homes

3645 Dc Caney Ridge Road, Clintwood, VA 24228

$223,999
5.85 AC lot

Two separate residences share a versatile residential setting with a detached garage, carport, pasture, and additional surveyed land.

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Coeburn, VA Mobile Home Park
Coeburn, VA Mobile Home Park

11741 Albemarle Road, Coeburn, VA 24230

$150,000
1.05 AC lot

Established mobile home park with income potential in Coeburn, VA.

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

501 High Ave NE, Coeburn, VA 24230

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7,722 sqft

Mixed-use building featuring apartments and commercial space for sale.

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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.

Scenic Land with Mountain Views
Scenic Land with Mountain Views

Summit Avenue, Lebanon, VA 24266

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1.10 AC lot

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

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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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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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Castlewood, VA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Castlewood, VA on our real estate platform. These investment opportunities span a total of 4,192 square feet of properties for sale.

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Demographics Overview

Population 5,330
Population Growth (5Y) -10.8%
Median Household Income $47,967
College Educated 18.3%

Taxes & Financing

Tax Rate (average for all types) 0.63%
Property Tax per SF $16.93 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

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