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    Gate City, VA
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    Gate City, VA Multifamily Properties for Sale

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    Weber City, VA Kingsport, TN Church Hill, TN Fort Blackmore, VA Hiltons, VA Nickelsville, VA Duffield, VA Blountville, TN
    Duplex with Three Garages
    Updated: Apr 24, 2025
    Duplex with Three Garages

    289 Hilton Road, Gate City, VA 24251

    $315,700
    2,206 sqft 1.00 AC lot
    One‑acre lot with two separate residences
    Primary home described as two‑story with five bedrooms and two bathrooms plus basement
    Double wide built in 1992 and completely remodeled in 2016
    Three garages: two‑car with doors, single‑car, and two‑car without doors
    Each home has its own septic system; field bed is shared
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    2008 Bloomingdale Road, Kingsport, TN 37660

    $500,000
    5,100 sqft 0.27 AC lot

    Six matching two-bedroom layouts provide a consistent residential configuration across the property.

    View details
    Kingsport Multifamily Investment Opportunity
    Kingsport Multifamily Investment Opportunity

    1530 Woodland Avenue, Kingsport, TN 37665

    $865,000
    0.36 AC lot

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

    View details
    96-Unit LIHTC Apartment Building
    96-Unit LIHTC Apartment Building

    901 Larry Neil Way, Kingsport, TN 37660

    Contact for pricing

    Affordable housing community operating under the LIHTC program near downtown Kingsport.

    View details
    72-Unit LIHTC Apartment Community
    72-Unit LIHTC Apartment Community

    893 New Beason Well Rd, Kingsport, TN 37660

    $6,120,000

    Established multifamily community with two- and three-bedroom residences and resident-focused on-site amenities.

    View details

    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

    Contact for pricing
    1.10 AC lot

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

    View details
    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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    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.

    View details
    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.

    View details

    Gate City, VA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Gate City, VA on our real estate platform. These investment opportunities span a total of 2,206 square feet of properties for sale, with an estimated market value of $315,700.

    Sale prices for multifamily properties in Gate City, VA average $315,700 — 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

    Duplexes 1

    Demographics Overview

    Population 7,976
    Population Growth (5Y) -5.1%
    Median Household Income $44,990
    College Educated 24.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24251 $315.7K

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $8.86 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Scott County

    New Delisted

    Total CRE Inventory on Market (SF)

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