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    Pennington Gap, VA
    Multifamily

    Pennington Gap, VA Multifamily Properties for Sale

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    Saint Charles, VA Jonesville, VA Dryden, VA Keokee, VA Blackwater, VA Duffield, VA Kyles Ford, TN Eidson, TN
    Six-Unit Apartment Building
    Updated: Jul 15
    Six-Unit Apartment Building

    166 Warner Myers Rd, Pennington Gap, VA 24277

    $259,500
    4,620 sqft
    Income‑producing 6‑unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.
    Multifamily property structure provides six separate rental units under one ownership for diversified income streams.
    Designed to support continued tenant demand with convenient access to local employers, schools, shopping, and everyday amenities.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Pennington Gap, 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.

    Small Trailer Park with Three Units
    Small Trailer Park with Three Units

    156 Saturn Drive, Dryden, VA 24243

    $100,000
    60,984 sqft

    Trailer park with three currently occupied units generating monthly income at listed rent amounts.

    View details
    Cabin Short-Term Rental Property
    Cabin Short-Term Rental Property

    0-0 Turner Ln, Evarts, KY 40828

    $220,000
    1 sqft

    Property features 11 cabins for weekend visitors, with city water and sewer and underground electric already connected.

    View details
    Cabin Short-Term Rental Property
    Cabin Short-Term Rental Property

    Turner Lane, Evarts, KY 40828

    $220,000
    1.33 AC lot

    Property includes 11 cabins with varying layouts for 2 to 8 guests, with underground electric and city water/sewer connected.

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    Dryden, VA Income Property
    Dryden, VA Income Property

    156 Saturn Drive, Dryden, VA 24243

    $95,000
    1.40 AC lot

    Income-producing trailer park with three occupied units in Dryden, VA.

    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.

    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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    Tennessee Mountain Retreat Land
    Tennessee Mountain Retreat Land

    409 Dean Road, Unit 14, Mooresburg, TN 37811

    $89,900
    414,255 sqft 9.51 AC lot

    9.51 acres with camper, utilities, and mountain views.

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    Vacant Lot in Coeburn, VA
    Vacant Lot in Coeburn, VA

    Buckingham Road, Coeburn, VA 24230

    Contact for pricing
    0.10 AC lot

    Vacant lot with utilities available, suitable for residential development.

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    Residential Land in Rutledge, TN
    Residential Land in Rutledge, TN

    04 Rocky Branch, Rutledge, TN 37861

    $55,000
    1.71 AC lot

    1.71 acre residential land parcel with owner financing.

    View details

    Pennington Gap, VA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Pennington Gap, VA on our real estate platform. These investment opportunities span a total of 4,620 square feet of properties for sale, with an estimated market value of $259,500.

    Sale prices for multifamily properties in Pennington Gap, VA average $259,500 — 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 6,379
    Population Growth (5Y) -6.9%
    Median Household Income $33,102
    College Educated 11.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.09%
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

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