Multifamily

Norton, VA Multifamily Properties for Sale

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Norton Apartment Building For Sale
Updated: May 27, 2025
Norton Apartment Building For Sale

730 NE Virginia Avenue, Norton, VA 24273

$60,000
5,860 sqft 0.15 AC lot
Great income potential with this 18‑unit apartment building.
18‑unit apartment building.
Each unit has its own electric meter.
Public water and sewer.
Two basement apartments feature walkout access.
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Duplex with Two Two-Bedroom Units
Updated: Apr 11
Duplex with Two Two-Bedroom Units

213 Northwest 9th Street Nw Street, Norton, VA 24273

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Duplex with two separate apartments in Norton, VA.
Each unit includes 2 bedrooms, 1 bathroom, kitchen, and living space.
Private driveway provides dedicated parking with no street parking.
Property is located in a residential section of Norton.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Norton, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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.

Mixed-Use Property in Wise, Virginia
Mixed-Use Property in Wise, Virginia

528 W Main Street, Wise, VA 24293

$325,000
2,462 sqft 0.29 AC lot

Commercial space with apartments in the heart of Wise.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

528 W Main St, Wise, VA 24293

$325,000
2,462 sqft

Mixed-use building with approximately 2,000 sq ft of retail and storage plus two occupied apartments.

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Duplex with Expandable Acreage
Duplex with Expandable Acreage

3516 Goldleaf Drive, Big Stone Gap, VA 24219

$250,000
9.00 AC lot

Two income-producing rental units on 9 acres, zoned B3, offering flexibility for housing and future development.

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Multifamily Investment Opportunity in Big Stone Gap
Multifamily Investment Opportunity in Big Stone Gap

2828 E 4th Avenue, Big Stone Gap, VA 24219

$279,900
0.60 AC lot

Well-maintained, income-generating multifamily property near Union schools.

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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.

Residential Land in Jonancy, KY
Residential Land in Jonancy, KY

Highway 610 W Map# 039-00-00-016.04 lot: Hill, Jonancy, KY 41538

$216,000
35.00 AC lot

35 acres of residential land with development potential.

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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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Residential Land with Mobile Home Hookups
Residential Land with Mobile Home Hookups

Childress Rd, Mouthcard, KY 41548

$130,000
98.00 AC lot

98 acres with a public-maintained driveway, public water, private septic, and three mobile home rental spots.

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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.

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Off-Market Properties in Norton, VA

Consider similar Off-Market properties in Norton, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Hurricane Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Hurricane Rd, Norton, VA 24273

Value Estimation by Request
4,920 sqft 0.23 AC lot
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6500 Norton Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6500 Norton Rd, Norton, VA 24273-4606

Value Estimation by Request
1,934 sqft 0.13 AC lot
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1002 Park NE Ave
MOBILE HOME PARK, TRAILER PARK

1002 Park NE Ave, Norton, VA 24273-1036

Value Estimation by Request
1.95 AC lot
View details
6508 Norton Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6508 Norton Rd, Norton, VA 24273

Value Estimation by Request
1,968 sqft
View details
1253 Main SW Ave
MOBILE HOME PARK, TRAILER PARK

1253 Main SW Ave, Norton, VA 24273-2345

Value Estimation by Request
View details
Main SW Ave
MOBILE HOME PARK, TRAILER PARK

Main SW Ave, Norton, VA 24273

Value Estimation by Request
View details
1639 Main SW Ave
MOBILE HOME PARK, TRAILER PARK

1639 Main SW Ave, Norton, VA 24273-2233

Value Estimation by Request
View details
1519 Kentucky SE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1519 Kentucky SE Ave, Norton, VA 24273

Value Estimation by Request
1,740 sqft
View details
Old Ml Vlg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Old Ml Vlg Rd, Norton, VA 24273

$605,000
Estimated value
6,336 sqft 3.67 AC lot
View details

Norton, VA Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Norton, VA on our real estate platform. These investment opportunities span a total of 5,860 square feet of properties for sale, with an estimated market value of $60,000.

Sale prices for multifamily properties in Norton, VA average $60,000 — 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
Duplexes 1

Demographics Overview

Population 5,860
Population Growth (5Y) -8.0%
Median Household Income $39,797
College Educated 18.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24273 $60K

Total CRE Inventory on Market (SF)

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