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    Property profile & analytics

    775 Franklin St Wytheville, VA 24382

    • Apartment buildings
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 775 Franklin St

    Year built
    2007
    Lot size
    0.50 lot acres
    Property type
    Apartment buildings

    Description

    This fully occupied five-unit apartment complex in Wytheville, VA, presents a compelling investment opportunity. Located at 775 W Franklin St, Wytheville, VA 24382, this Class C property, built in 2007, sits on a half-acre lot. Each of the five units boasts two bedrooms and two and a half bathrooms, featuring spacious master bedrooms and a single-car garage. Additional amenities include covered patios and guest parking. Separate electrical and water/sewer meters for each unit simplify management and billing. The property's current full occupancy ensures immediate rental income, making it an attractive, hassle-free investment. This well-maintained complex offers a strong return on investment. The asking price is $730,000. This income-producing property is ideal for investors seeking a steady stream of rental revenue. Don't miss this chance to acquire a turnkey multifamily investment in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wytheville
    County
    Wythe
    State
    Virginia
    Longitude
    -81.0878
    Latitude
    36.9432

    Comparable in this City

    • Value Estimation by Request
      4,320 SF

      3782 Lee Hwy

      Multifamily properties • 4,320 SF
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      0.40 Acres

      610 North St

      Multifamily properties • 0.40 Acres
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      4,696 SF

      205 Fairfield Ln

      Multifamily properties • 4,696 SF
      205 Fairfield Ln, Wytheville, VA 24382
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      29.94 Acres

      Tbd George James Dr

      Land • 29.94 Acres
      0 Tbd George James Dr, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      8,000 SF

      198 Commonwealth Dr

      Restaurants • 8,000 SF
      198 Commonwealth Dr, Wytheville, VA 24382
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    • Value Estimation by Request
      99,745 SF

      800 Main St

      Lifestyle centers • 99,745 SF
      800 Main St, Wytheville, VA 24382
      View Details

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    Similar Nearby for Lease

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    775 Franklin St
    Wytheville, VA 24382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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