Advertise
    Marion, VA
    Multifamily

    Marion, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Wytheville, VA Atkins, VA Chilhowie, VA Sugar Grove, VA Saltville, VA Troutdale, VA Broadford, VA Ceres, VA
    Mixed-Use Property with Student Suites
    Updated: Aug 22
    Mixed-Use Property with Student Suites

    1046 Terrace Drive, Marion, VA 243554

    $850,000
    8,250 sqft 0.69 AC lot
    8,250‑square‑foot building on 0.69 acres
    Four student suites accommodate two students each
    Private baths, closets and study areas in the student suites
    Lower‑level healthcare office includes multiple offices, storage, two half baths and two kitchenettes
    Student suites have two‑year lease terms and were at full capacity
    View details
    Mixed-Use Student Housing Property
    Updated: Jul 1, 2024
    Mixed-Use Student Housing Property

    1046 Terrace Drive, Marion, VA 24354

    $850,000
    8,250 sqft
    8,250‑square‑foot mixed‑use property at 1046 Terrace Drive
    Four main‑level suites accommodate 2 students each, totaling 8 rentals
    Private bathrooms, closets, study areas, and shared kitchen/living/dining spaces
    Lower‑level health care office includes multiple offices, storage, 2 half baths, and 2 kitchenettes
    Main‑level rentals carry 2‑year lease terms and are currently at full capacity
    View details
    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 10 Potential Opportunities for your consideration. Besides 2 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

    $330,000
    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.

    Mobile Home Park with Existing Homes
    Mobile Home Park with Existing Homes

    134/190 Galilee Church Road, Wytheville, VA 24382

    $525,000
    8.29 AC lot

    Income-producing property with multiple residential structures, public water, septic infrastructure, fencing, and four detached outbuildings.

    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

    $47,900
    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

    $48,900
    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 2 multifamily properties for sale in Marion, VA on our real estate platform. These investment opportunities span a total of 16,500 square feet of properties for sale, with an estimated market value of $1,700,000.

    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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24354 $850K

    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)

    Need Help?

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

    Contact Us

    Browse Multifamily properties for Sale Near Marion, VA

    Popular Searches in Marion, VA

    Popular Categories

    Most Searched ZIP Codes in Marion, VA

    • 24354
    • 243554

    Featured Marion Real Estate Agencies

    Realmo connects you with licensed Marion CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Appalachian Realty Co. Inc.
    123 W Main St. Marion, VA 24354
    Phone: 12767835173
    www.appalachianrealtors.com/default.asp
    Why this one?
    Saved
    Reason not saved — we won't ask again

    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!