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    Rural Retreat, VA Multifamily Properties for Sale

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    Crockett, VA Atkins, VA Sugar Grove, VA
    Income-Producing Multifamily Property on 3.68 Acres
    $650,000
    10,000 SF
    Income-Producing Multifamily Property on 3.68 Acres

    108 Kitten Lane, Rural Retreat, VA 24368

    Seven units plus lot rent income near Interstate 81.
    • Strong existing cash flow with an NOI of approximately $66,105 and gross annual income of approximately $73,800.
    • 3.86 acres of land offering tremendous opportunity for future development or expansion.
    • Seven income‑producing units (four 2‑bedroom, 1‑bath units; two 3‑bedroom, 2‑bath units; and one 2‑bedroom, 1‑bath unit) plus lot rent income from two tenant‑owned mobile homes.
    • Excellent accessibility, located directly on Route 11, 3 minutes from Exit 60 off Interstate 81, and 10 minutes from Wytheville.
    • All units are individually metered with public water and sewer, simplifying management.
    Updated: May 1
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rural Retreat, 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.

    Galax Multifamily Investment Opportunity
    $339,000
    3,045 SF
    Galax Multifamily Investment Opportunity

    Four-unit property with long-term and short-term rental income potential.

    508 W Stuart Dr, Galax, VA 24333

    View details
    Versatile Multi-Family Investment Opportunity
    $525,000
    640 SF
    Versatile Multi-Family Investment Opportunity

    Multi-family property on 8.29 acres with income potential.

    134/190 Galilee Church Road, Wytheville, VA 24382

    View details
    Income-Generating Property on 8+ Acres
    $525,000
    8.29 Acres
    Income-Generating Property on 8+ Acres

    8.29 acres with 10 mobile homes and 1 house.

    134/190 Galilee Church Road, Wytheville, VA 24382

    View details
    Three-Level Downtown Commercial Building
    $350,000
    7,060 SF
    Three-Level Downtown Commercial Building

    Three levels with high-ceiling main space and finished upper office area, near downtown civic and entertainment uses.

    105 E Grayson St, Galax, VA 24333

    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 Land with River Frontage
    $250,000
    20.67 Acres
    Unrestricted Land with River Frontage

    20+ acres of unrestricted land with New River frontage.

    no # Edna Perry Road, Crumpler, NC 28617

    View details
    Getaway Near Blue Ridge Parkway
    $38,900
    0.20 Acres
    Getaway Near Blue Ridge Parkway

    RV and bunk house near Blue Ridge Parkway and Music Center.

    4 Starview Ln. lot: 6, Galax, VA 24333

    View details
    200 Acres of Opportunity
    $5,500,000
    202.00 Acres
    200 Acres of Opportunity

    200 acres ideal for RV park, campground, or development.

    Rt 460 Crumpecker Hill, Princeton, WV 24740

    View details
    Warrensville Land with River Frontage
    $75,000
    11.17 Acres
    Warrensville Land with River Frontage

    11+ acre property with river frontage and mountain views.

    Ed Little Road, Warrensville, NC 28693

    View details

    Rural Retreat, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Rural Retreat, VA on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for multifamily properties in Rural Retreat, VA start at $650,000, averaging $650,000, and reaching up to $650,000 — 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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    Demographics Overview

    Population 5,372
    Population Growth (5Y) -0.9%
    Median Household Income $66,234
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24368 $650K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $63.07 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wythe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wythe County

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