Residential Income

Bristol, VA Residential Income Properties for Sale

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Four-Unit Residential Income Property
Updated: Jun 19
Four-Unit Residential Income Property

15424 Majestic Drive, Bristol, VA 24202

$439,000
4,200 sqft 3.58 AC lot
3.58 +/- acre multi‑unit property with all four units currently rented and room to expand
Conveniently located just off Exit 10
Unit #2 includes its own washer & dryer; other units have company‑owned washer/dryer and major appliances
Safety features include fire extinguishers for all four units and two upstairs units with 24‑foot fire escape ladders
Downstairs units include dehumidifiers and have been recently updated
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Mobile Home Park Income Property
Updated: Jul 20
Mobile Home Park Income Property

2634 Island Road, Bristol, VA 24202

$425,000
1,218 sqft 1.65 AC lot
Mobile home park on approx. +/- 1.65 acres with 15 total lots in the City of Bristol
15 individual electric meters and the property is on public sewer; each site has its own water cutoff
Includes a 3BR/1BA residence plus 15 mobile home park lots (8 with mobile homes; 7 vacant lots)
Current lot‑rent structure includes $375 lot rent; 2 of the 7 vacant lots are currently being rented
Public utilities: water is public and sewer is public sewer; seller pays water with renters paying back through rent
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Renovated Duplex with Two 2BR Units
Renovated Duplex with Two 2BR Units

23342-40 Young Drive, Bristol, VA 24202

$374,900
2,436 sqft 0.55 AC lot

Renovated duplex offers two separately laid-out 2-bedroom units, each with eat-in kitchen, laundry, and updated systems.

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LIHTC Multifamily Investment Opportunity
LIHTC Multifamily Investment Opportunity

144 Harbor Lndg, Bristol, VA 24201

$1,750,000
40,960 sqft

Multifamily property in Bristol, VA with 32 units.

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Flex-Use Office and Residential Property
Flex-Use Office and Residential Property

15519 Lee Highway, Bristol, VA 24202

$399,000
2,776 sqft 1.11 AC lot

Single-family home with 2.5 baths on 1.11 acres plus a separate 1,008 sf building, zoned for multiple uses.

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Bristol Multifamily Investment Opportunity
Bristol Multifamily Investment Opportunity

2412,14,16 Bradley Street, Bristol, VA 24201

$425,000
2,817 sqft 0.56 AC lot

Income-producing property near Hard Rock Casino with expansion potential.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

620 Cumberland St, Bristol, VA 24201

Contact for pricing

Renovated mixed-use building with four loft units, each featuring private outdoor space and in-unit laundry appliances.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 7 Active listings in Bristol, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Multifamily Income Property with Six Units
Multifamily Income Property with Six Units

630 Elizabethton Highway, Bluff City, TN 37618

$699,995
6,174 sqft 1.28 AC lot

Six fully occupied, separately metered units offer an investor-ready residential income setup on an MF-zoned site.

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Brick Triplex with Detached Garage
Brick Triplex with Detached Garage

503 Georgia Avenue, Unit 11, Bristol, TN 37620

$350,000
13,939 sqft

Two-story brick triplex with three rental units, individual utility responsibility, and a detached three-car garage.

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Brick Triplex Income Property
Brick Triplex Income Property

503 Georgia Avenue, Bristol, TN 37620

$350,000
0.32 AC lot

Two-story brick triplex with three rental units, appliances included, and unit-specific utility responsibility.

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Income Producing Mobile Home Park
Income Producing Mobile Home Park

4573 Bluff City Hwy, Bluff City, TN 37618

$609,375
14,000 sqft 4.50 AC lot

Mobile home park investment opportunity in Bluff City, Tennessee.

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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.

Bristol, VA Building Lot
Bristol, VA Building Lot

Wallace Pike, Bristol, VA 24202

Contact for pricing
0.28 AC lot

0.28-acre building lot with city utilities in Bristol, VA.

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Residential Lot in Prime Location
Residential Lot in Prime Location

Wallace Pike, Bristol, VA 24202

Contact for pricing
0.32 AC lot

0.28-acre building lot with city utilities, convenient location.

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Residential Lot in Bristol, VA
Residential Lot in Bristol, VA

1100 Rhode Island Avenue, Bristol, VA 24201

Contact for pricing
0.23 AC lot

Prime lot in established Bristol neighborhood, ideal for custom home.

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Land with Road Frontage
Land with Road Frontage

8355 Wagner Road, Bristol, VA 24202

$230,000
28.88 AC lot

29 acres with over 1,000 ft of road frontage.

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Off-Market Properties in Bristol, VA

Consider similar Off-Market properties in Bristol, 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.

132 Mesa Ln
Multifamily properties

132 Mesa Ln, Bristol, VA 24201

Value Estimation by Request
44,833 sqft 7.35 AC lot
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Tbd Lone Eagle Dr
Land

0 Tbd Lone Eagle Dr, Bristol, VA 24202

Value Estimation by Request
0.58 AC lot
View details
28 Flannagan Dr
Multifamily properties

28 Flannagan Dr, Bristol, VA 24202

Value Estimation by Request
10.30 AC lot
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2702 Lee Hwy
Land

2702 Lee Hwy, Bristol, VA 24202

Value Estimation by Request
7.90 AC lot
View details
533 Island Rd
Multifamily properties

533 Island Rd, Bristol, VA 24201

Value Estimation by Request
3,547 sqft 3.39 AC lot
View details
269 Superior Cir
Multifamily properties

269 Superior Cir, Bristol, VA 24201

Value Estimation by Request
4.70 AC lot
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Amy St
Land

0 Amy St, Bristol, VA 24201

Value Estimation by Request
5.69 AC lot
View details
2524 Skyline Rdg
Land

2524 Skyline Rdg, Bristol, VA 24201

Value Estimation by Request
View details

Bristol, VA Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Bristol, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 54,407 square feet of properties for sale, with an estimated market value of $3,812,900.

Sale prices for residential income properties in Bristol, VA start at $374,900, averaging $635,483, and reaching up to $1,750,000 — 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

Multifamily properties 4
Apartment buildings 1
Duplexes 1
Quadplexes 1
Short term rental properties 1

Demographics Overview

Population 28K
Population Growth (5Y) +4.1%
Median Household Income $49,997
College Educated 12.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24202 $407K
24201 $1.6M

Taxes & Financing

Tax Rate (average for all types) 0.40%
Property Tax per SF $10.26 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Bristol fall within the 25,000 to 50,000 square foot range.

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