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    Norton, VA Multifamily Properties for Sale

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    Wise, VA Big Stone Gap, VA Coeburn, VA
    Norton Apartment Building For Sale
    $60,000
    5,860 SF
    Norton Apartment Building For Sale

    730 NE Virginia Avenue, Norton, VA 24273

    18-unit apartment building with income potential in Norton, Virginia.
    • 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.
    Updated: May 27, 2025
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    Mixed-Use Investment Property in Norton
    $275,000
    5,102 SF
    Mixed-Use Investment Property in Norton

    1523 Kentucky Ave SE, Norton, VA

    Income property with apartments, home, and commercial space.
    • Multiple Income Streams: Features two apartments and a manufactured home, all currently generating rental income.
    • Commercial Space: Includes 2,000 sq/ft of unoccupied commercial space suitable for rental or owner use (retail, office, or wholesale).
    • Sizeable Units: Apartment sizes are 1,100 sq/ft and 850 sq/ft; the manufactured home is 1,152 sq/ft.
    • Convenient Location: Situated on Kentucky Avenue in Norton, VA, close to major highways (U.S. 58‑A and U.S. 23).
    • One apartment includes a two‑car carport.
    Updated: Dec 15, 2024
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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, VA
    $325,000
    4,482 SF
    Mixed-Use Property in Wise, VA

    Retail space and apartments in the heart of Wise, Virginia.

    528 W Main Street, Wise, VA 24293

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    Mixed-Use Property in Wise, Virginia
    $325,000
    2,462 SF
    Mixed-Use Property in Wise, Virginia

    Commercial space with apartments in the heart of Wise.

    528 W Main Street, Wise, VA 24293

    View details
    Income-Producing Mobile Home Park
    $65,000
    0.87 Acres
    Income-Producing Mobile Home Park

    Established trailer park with income potential and opportunity for growth.

    11730 Essex Road, Coeburn, VA 24230

    View details
    Historic Mixed-Use Building Opportunity
    $485,000
    Historic Mixed-Use Building Opportunity

    A three-story building combining ground-floor commercial space with multiple apartments in a historic downtown district.

    501 Front Street, Coeburn, VA 24230

    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.

    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

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    Residential Land in Jonancy, KY
    $216,000
    35.00 Acres
    Residential Land in Jonancy, KY

    35 acres of residential land with development potential.

    00 Highway 610 West Map# 039-00-00-016.04, Jonancy, KY 41538

    View details
    Scenic Land with Mountain Views
    Contact for pricing
    1.10 Acres
    Scenic Land with Mountain Views

    1.1 acres of land near Lebanon, VA, perfect for building.

    Summit Avenue, Lebanon, VA 24266

    View details
    Secluded Land Near Spearhead Trail
    $39,900
    5.00 Acres
    Secluded Land Near Spearhead Trail

    5-acre tract near Spearhead Trail with development potential.

    3630 Combs Ridge Road, Honaker, VA 24260

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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)
    4,920 SF Lot: 0.23 Acres
    Value Estimation by Request

    Hurricane Rd, Norton, VA 24273

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    6500 Norton Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,934 SF Lot: 0.13 Acres
    Value Estimation by Request

    6500 Norton Rd, Norton, VA 24273-4606

    View details
    1002 Park NE Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.95 Acres
    Value Estimation by Request

    1002 Park NE Ave, Norton, VA 24273-1036

    View details
    6508 Norton Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,968 SF
    Value Estimation by Request

    6508 Norton Rd, Norton, VA 24273

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

    1253 Main SW Ave, Norton, VA 24273-2345

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

    Main SW Ave, Norton, VA 24273

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

    1639 Main SW Ave, Norton, VA 24273-2233

    View details
    1519 Kentucky SE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,740 SF
    Value Estimation by Request

    1519 Kentucky SE Ave, Norton, VA 24273

    View details
    Old Ml Vlg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,336 SF Lot: 3.67 Acres
    Estimated value
    $605,000

    Old Ml Vlg Rd, Norton, VA 24273

    View details

    Norton, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 11 multifamily properties for sale in Norton, VA on our real estate platform. These investment opportunities span a total of 10,962 square feet of properties for sale, with an estimated market value of $335,000.

    Sale prices for multifamily properties in Norton, VA start at $60,000, averaging $167,500, and reaching up to $275,000 — 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 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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