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Gate City, VA Multifamily Properties for Sale

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Mixed-Use Investment Opportunity
Pending
$299,900
7,600 SF

Mixed-Use Investment Opportunity

132 W Jackson St, Gate City, VA 24251

Mixed-use property with income potential in historic downtown Gate City.

  • Mixed‑use investment package with multiple income streams and value‑add potential in historic downtown Gate City.
  • Two commercial storefronts (one finished, one ready for build‑out) offering excellent visibility near the courthouse.
  • Two existing income‑producing apartments plus potential for a third unit or expanded commercial space.
  • Unique opportunity to own a substantial portion of downtown Gate City's commercial corridor; properties rarely available together.
  • Gutted upper level at 132 ready for renovation, allowing for flexible use as an apartment, commercial space, studio, or storage.
Updated: Jan 1
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Two Homes in Gate City
$315,700
2,206 SF

Two Homes in Gate City

289 Hilton Rd, Gate City, VA 24251

Two homes on a one-acre lot in Gate City, VA.

  • Two Homes on One Lot: Includes a 2‑story home and a remodeled double‑wide.
  • Multiple Garages: Features a 2‑car garage with doors, a single‑car garage, and another 2‑car garage.
  • 5‑Bedroom Home: The main 2‑story home offers 5 bedrooms and 2 bathrooms.
  • Remodeled Double Wide: The double wide includes 2 bedrooms, 2 full baths, den, living room, eat‑in kitchen, and sun porch.
  • Individual Septic Systems: Each home has its own septic system.
Updated: Dec 31, 2025
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Mixed-Use Property in Gate City
$149,900
3,396 SF

Mixed-Use Property in Gate City

Mixed-use property with commercial space and two apartments.

138 W Jackson St, Gate City, VA 24251
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Kingsport Multifamily Investment Opportunity
$865,000
0.36 Acres

Kingsport Multifamily Investment Opportunity

Six income-producing units across three parcels in Kingsport, Tennessee.

1530 Woodland Ave, Kingsport, TN 37665
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Kingsport Multi-Family Investment Opportunity
$239,900
0.17 Acres

Kingsport Multi-Family Investment Opportunity

Multi-family property with three rental units in Kingsport, Tennessee.

1108 &1110 Fairview Ave, Kingsport, TN 37660
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Versatile Surgoinsville Mixed-Use Property
$399,000
2,880 SF

Versatile Surgoinsville Mixed-Use Property

Multi-functional property with residential, commercial, and recreational potential.

2588 Carters Valley Rd, Surgoinsville, TN 37873
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Surgoinsville Multifamily Investment Opportunity
Pending
$749,000
4,850 SF

Surgoinsville Multifamily Investment Opportunity

Multifamily property with income potential in Surgoinsville, Tennessee.

154 Shadow Wood Ln, Surgoinsville, TN 37873
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Gate City, VA Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Gate City, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 52,708 square feet of properties for sale, with an estimated market value of $615,600.

Prices for multifamily properties in Gate City, VA start at $299,900, averaging $307,800, and reaching up to $315,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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