Wytheville, VA
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    Wytheville, VA Multifamily Properties for Sale

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    Crockett, VA Max Meadows, VA Rural Retreat, VA
    Versatile Multi-Family Investment Opportunity
    $525,000
    640 SF
    Versatile Multi-Family Investment Opportunity

    134/190 Galilee Church Road, Wytheville, VA 24382

    Multi-family property on 8.29 acres with income potential.
    • Multi‑family property on 8.29 partially fenced acres with a brand‑new 2024 main home plus 5 mobile homes
    • 2024 main home: 1 bed, 1 bath, 640 SF, with closed‑cell spray foam insulation in walls and floors
    • Main home utilities include 200‑amp electrical service and propane heating with a wood stove backup; electric water heater included
    • Each residence has its own individual electric meter for simplified billing and management
    • Infrastructure includes 8 septic systems with 4 leach fields; recently up to code and inspected/approved by the health department
    Updated: May 31
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    Income-Generating Property on 8+ Acres
    $525,000
    8.29 Acres
    Income-Generating Property on 8+ Acres

    134/190 Galilee Church Road, Wytheville, VA 24382

    8.29 acres with 10 mobile homes and 1 house.
    • 8.29 acres outside town limits offering income potential from 10 mobile homes and 1 house.
    • Existing infrastructure includes town water and individual electric meters.
    • Generate immediate income from 5 rentable units and new construction, with potential for remodeling.
    • Enjoy lower taxes and fewer restrictions due to location outside town limits, combined with town water convenience.
    • Existing fencing suitable for animals/livestock, offering potential for diverse income streams.
    Updated: Apr 29
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Wytheville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    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

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    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

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    Updated Triplex Near Downtown Pulaski
    $249,900
    0.10 Acres
    Updated Triplex Near Downtown Pulaski

    Updated triplex near downtown Pulaski with strong cash flow.

    238 Third Street, Pulaski, VA 24301

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    Brick Multifamily Building with 2-Bed Units
    $625,000
    7,000 SF
    Brick Multifamily Building with 2-Bed Units

    Six two-bedroom units in a low-maintenance brick building with updates including a newer roof and sewer line.

    131 5TH Street, Pulaski, VA 24301

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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.

    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

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    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

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    Wooded Corner Lot in Fancy Gap
    Contact for pricing
    0.40 Acres
    Wooded Corner Lot in Fancy Gap

    Wooded corner lot near Blue Ridge Parkway and Fancy Gap.

    Apache Trail lot: 8, Fancy Gap, VA 24328

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    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

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    Off-Market Properties in Wytheville, VA

    Consider similar Off-Market properties in Wytheville, 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.

    610 North St
    Multifamily properties
    Lot: 0.40 Acres
    Value Estimation by Request

    610 North St, Wytheville, VA 24382

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    775 Franklin St
    Multifamily properties
    Lot: 0.50 Acres
    Value Estimation by Request

    775 Franklin St, Wytheville, VA 24382

    View details
    205 Fairfield Ln
    Multifamily properties
    4,696 SF Lot: 0.38 Acres
    Value Estimation by Request

    205 Fairfield Ln, Wytheville, VA 24382

    View details
    3782 Lee Hwy
    Multifamily properties
    4,320 SF Lot: 0.75 Acres
    Value Estimation by Request

    3782 Lee Hwy, Wytheville, VA 24382

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    Wytheville, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 6 multifamily properties for sale in Wytheville, VA on our real estate platform. These investment opportunities span a total of 640 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for multifamily properties in Wytheville, VA start at $525,000, averaging $525,000, and reaching up to $525,000 — 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

    Mobile home & RV parks 2

    Demographics Overview

    Population 15K
    Population Growth (5Y) +9.9%
    Median Household Income $52,234
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24382 $525K

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $47.10 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

    Retail

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