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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 Duffield, VA Nickelsville, VA Blountville, TN
    Two Homes in Gate City
    Updated: Apr 24, 2025
    Two Homes in Gate City

    289 Hilton Road, Gate City, VA 24251

    $315,700
    2,206 sqft 1.00 AC lot
    Property includes two homes on one lot: a 2‑story home plus an extra manufactured/double‑wide home
    Main home includes 5 bedrooms and 2 bathrooms (2‑story layout with basement and dining room)
    Double wide built in 1992 and completely remodeled in 2016, offering 2 bedrooms, 2 full baths, den, living room, eat‑in kitchen, and sun porch
    3 garages on site: 2‑car garage, single‑car garage, and a 2‑car garage with no doors
    Each home has its own septic system; both share a field bed (private sewer with septic tank)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Kingsport Multifamily Investment Opportunity
    Kingsport Multifamily Investment Opportunity

    2008 Bloomingdale Road, Kingsport, TN 37660

    $500,000
    5,100 sqft 0.27 AC lot

    Six-unit multifamily property with value-add potential and existing cash flow.

    View details
    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    532 Tansey Lane, Kingsport, TN 37660

    $300,000
    2,117 sqft 0.35 AC lot

    All-brick fourplex with three two-bedroom and one one-bedroom units, each with an open living and dining layout.

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    All-Brick Four-Unit Residential Building
    All-Brick Four-Unit Residential Building

    532 Tansey Lane, Kingsport, TN 37660

    $300,000
    0.35 AC lot

    Four-unit all-brick property offers three two-bedroom and one one-bedroom units with open living, dining, and kitchen layouts.

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    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.

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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.

    Vacant Lot in Coeburn, VA
    Vacant Lot in Coeburn, VA

    Buckingham Road, Coeburn, VA 24230

    Contact for pricing
    0.10 AC lot

    Vacant lot with utilities available, suitable for residential development.

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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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    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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    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.

    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 start at $315,700, averaging $315,700, and reaching up to $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
    Short term rental properties 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 $882.9K

    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%

    Total CRE Inventory on Market (SF)

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