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    Marion, VA
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    Marion, VA Multifamily Properties for Sale

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    Wytheville, VA Coral Gables, FL Atkins, VA Sugar Grove, VA Chilhowie, VA Rural Retreat, VA Troutdale, VA Saltville, VA
    Mixed-Use Property with Student Suites
    Updated: Aug 4
    Mixed-Use Property with Student Suites

    1046 Terrace Drive, Marion, VA 243554

    $850,000
    8,250 sqft 0.69 AC lot
    8250 sq.ft. mixed‑use property on 0.69 acres
    Four suites designed for two students each, with private baths and shared living areas
    Main‑level residential rentals currently at full capacity with 2‑year lease terms
    Lower level includes multiple offices, storage, 2 half baths, and 2 kitchenettes
    R3 zoning with public water and public sewer
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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 Marion, 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.

    Mobile Home Park with Creek Frontage
    Mobile Home Park with Creek Frontage

    15586 Bishop Rd., Chilhowie, VA 24319

    $345,000
    900 sqft 11.82 AC lot

    A rural park with multiple pads, mixed home conditions, and public water service.

    View details
    Rebuilt Multifamily Property
    Rebuilt Multifamily Property

    315 Sulpher Spring Rd, Chilhowie, VA 24319

    $1,064,500
    6,380 sqft

    Updated multifamily property with sunrooms in three units and four-zone heating and cooling.

    View details
    Mobile Home Park Investment Opportunity
    Mobile Home Park Investment Opportunity

    730 Burley Dr, Saltville, VA 24370

    Contact for pricing
    1,120 sqft 13.64 AC lot

    Mobile home park with expansion potential in Smyth County, VA.

    View details
    Mobile Home Park Investment Opportunity
    Mobile Home Park Investment Opportunity

    730 Burley Dr, Saltville, VA

    Contact for pricing
    13.64 AC lot

    Mobile home park for sale in Smyth County, Virginia.

    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.

    Fenced Mobile Home & RV Park
    Fenced Mobile Home & RV Park

    134/190 Galilee Church Road, Wytheville, VA 24382

    $525,000
    8.29 AC lot

    Fenced mobile home and RV park with public water, septic systems, and multiple units outside town limits.

    View details
    Unrestricted Land with River Frontage
    Unrestricted Land with River Frontage

    no # Edna Perry Road, Crumpler, NC 28617

    $215,000
    20.67 AC lot

    20+ acres of unrestricted land with New River frontage.

    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
    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

    Marion, VA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Marion, VA on our real estate platform. These investment opportunities span a total of 8,250 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for multifamily properties in Marion, VA average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -9.4%
    Median Household Income $42,076
    College Educated 27.1%

    Taxes & Financing

    Tax Rate (average for all types) 0.58%
    Property Tax per SF $7.95 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Smyth County

    New Delisted

    Total CRE Inventory on Market (SF)

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