Add Listing
    Gate City, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Gate City, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Weber City, VA Kingsport, TN Hiltons, VA
    Landmark Gate City Mixed-Use Property
    $1,450,000
    24,345 SF

    Landmark Gate City Mixed-Use Property

    114 W Jackson Street, Gate City, VA 24251

    Large, historic building with commercial, residential, and mixed-use potential.

    • Landmark 24,000+ sq. ft. building with unlimited potential in historic Gate City.
    • Turnkey restaurant with a liquor license covering 6,000 square feet and all equipment only 1 year old.
    • Substantial recent renovations including new electrical, plumbing, sewer line, air conditioning, facade restoration, windows, and seven bathrooms.
    • Includes a 2,200 sq. ft. owner's apartment with three bedrooms and two baths.
    • Unique entertainment and hospitality spaces including a concert stage, dance floor, lounge, vendor booths, and a model race car track.
    Updated: Mar 24
    View details
    Two Homes in Gate City
    $315,700
    2,206 SF

    Two Homes in Gate City

    289 Hilton Road, 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: Apr 24, 2025
    View details
    Spacious Mixed-Use Redevelopment Opportunity
    $250,000
    22,074 SF

    Spacious Mixed-Use Redevelopment Opportunity

    Large commercial building with apartments, ideal for mixed-use development.

    143 W Jackson Street, Gate City, VA 24251
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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
    $500,000
    5,100 SF

    Kingsport Multifamily Investment Opportunity

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

    2008 Bloomingdale Road, Kingsport, TN 37660
    View details
    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 Avenue, Kingsport, TN 37665
    View details
    Kingsport Multi-Family Investment Opportunity
    $234,995
    0.17 Acres

    Kingsport Multi-Family Investment Opportunity

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

    1108 Fairview Avenue, Kingsport, TN 37660
    View details
    Kingsport Investment Opportunity
    $234,995
    0.17 Acres

    Kingsport Investment Opportunity

    Two buildings with three rental units in Kingsport, Tennessee.

    1108 Fairview Avenue, Kingsport, TN 37660
    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.

    Land with Mountain and Pasture Views
    $43,900
    0.50 Acres

    Land with Mountain and Pasture Views

    Residential lot with utilities, mountain views, and pasture surroundings.

    337 Johnson Cemetery Road lot: 14, Blountville, TN 37617
    View details
    Vacant Lot in Coeburn, VA
    Contact for pricing
    0.10 Acres

    Vacant Lot in Coeburn, VA

    Vacant lot with utilities available, suitable for residential development.

    Buckingham Road, Coeburn, VA 24230
    View details
    Lakefront Land with Development Potential
    $1,240,000
    30.80 Acres

    Lakefront Land with Development Potential

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

    6144 Us Hwy 421, Bristol, TN 37620
    View details
    Unrestricted Lot in Rogersville, TN
    $49,000
    0.42 Acres

    Unrestricted Lot in Rogersville, TN

    Unrestricted 0.42-acre lot suitable for double-wide homes.

    E Main Street, Rogersville, TN 37857
    View details

    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 48,625 square feet of properties for sale, with an estimated market value of $2,015,700.

    Sale prices for multifamily properties in Gate City, VA start at $250,000, averaging $671,900, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 1
    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 median listing prices of real estate assets

    Neighborhood Average Price
    24251 $671.9K

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Gate City, VA

    Popular Categories

    Most Searched ZIP Codes in Gate City, VA

    • 24251

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!