Multifamily

Norton, VA Multifamily Properties for Sale

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Wise, VA Big Stone Gap, VA Coeburn, VA Dungannon, VA Appalachia, VA Eolia, KY Fort Blackmore, VA Pound, VA
18-Unit Apartment Building
Updated: May 27, 2025
18-Unit Apartment Building

730 NE Virginia Avenue, Norton, VA 24273

$60,000
5,860 sqft 0.15 AC lot
18‑unit apartment building on a 0.15‑acre parcel
5,860 square feet; built in 1920
COMMERCIAL zoning in Norton, VA 24273
Each unit has its own electric meter
Two basement apartments with walkout access to Virginia Ave
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18-Unit Apartment Building
Updated: May 27, 2025
18-Unit Apartment Building

730 Virginia Ave Ne, Norton, VA 24273

$60,000
5,860 sqft
18‑unit apartment building with 5,860 square feet of property size
Each unit has its own electric meter
Two basement apartments include walkout access to Virginia Ave
First- and second‑floor units have walkout access to Eighth St. and Kline Ave.
Vinyl siding, stone foundation, shingled roof, and baseboard heat
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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

1523 Kentucky Ave SE, Norton, VA 24273

Contact for pricing
5,102 sqft

Income-producing property combines residential units, a manufactured home, and commercial space with office, storage, and garage areas.

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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 18 Potential Opportunities for your consideration. Besides 3 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 2 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.

Storefront Property with Apartments
Storefront Property with Apartments

528 W Main Street, Wise, VA 24293

$325,000
2,462 sqft 0.29 AC lot

Retail and storage space with two occupied apartments, paved parking, and R-B zoning in 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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Mobile Home Park With Pasture
Mobile Home Park With Pasture

10223 Tacoma School Road, Coeburn, VA 24230

$299,000
9.00 AC lot

Residential income property with multiple manufactured homes, rented lots, and public water service.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

501 Front Street, Coeburn, VA 24230

$485,000

Historic District asset combining street-level commercial space with six apartments and a partially finished upper-level area.

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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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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

Estimated value:
$290,000
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

Estimated value:
$230,000
1,934 sqft 0.13 AC lot
View details
1002 Park NE Ave
MOBILE HOME PARK, TRAILER PARK

1002 Park NE Ave, Norton, VA 24273-1036

Estimated value:
$345,000
1.95 AC lot
View details
6508 Norton Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6508 Norton Rd, Norton, VA 24273

Estimated value:
$160,000
1,968 sqft
View details
1253 Main SW Ave
MOBILE HOME PARK, TRAILER PARK

1253 Main SW Ave, Norton, VA 24273-2345

Estimated value:
by Request
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Main SW Ave
MOBILE HOME PARK, TRAILER PARK

Main SW Ave, Norton, VA 24273

Estimated value:
by Request
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1639 Main SW Ave
MOBILE HOME PARK, TRAILER PARK

1639 Main SW Ave, Norton, VA 24273-2233

Estimated value:
$145,000
View details
1519 Kentucky SE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1519 Kentucky SE Ave, Norton, VA 24273

Estimated value:
$215,000
1,740 sqft
View details
Old Ml Vlg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Old Ml Vlg Rd, Norton, VA 24273

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

Norton, VA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Norton, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,822 square feet of properties for sale, with an estimated market value of $120,000.

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 2

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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