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    Castlewood, VA
    Residential Income

    Castlewood, VA Residential Income Properties for Sale

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    Multifamily Property with Guest Cottages
    Updated: Apr 8, 2025
    Multifamily Property with Guest Cottages

    67 Church St, Castlewood, VA 24224

    Contact for pricing
    4,192 sqft
    Three‑bedroom main house built in 1890
    Two remodeled guest cottages included
    First cottage offers approximately 1,408 sq ft, 2 bedrooms, and 2 baths
    Second cottage spans about 816 sq ft across two floors
    Main house features original woodwork and wood floors
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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 Castlewood, 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.

    Multifamily Property with Two Homes
    Multifamily Property with Two Homes

    3645 Dc Caney Ridge Rd, Clintwood, VA 24228

    $223,999
    254,826 sqft 5.80 AC lot

    Two separate residences share a rural property with outbuildings, paved access, and additional open land.

    View details
    Multifamily Property With Two Homes
    Multifamily Property With Two Homes

    3645 Dc Caney Ridge Road, Clintwood, VA 24228

    $223,999
    5.85 AC lot

    Two separate residences share a versatile residential setting with a detached garage, carport, pasture, and additional surveyed land.

    View details
    Coeburn, VA Mobile Home Park
    Coeburn, VA Mobile Home Park

    11741 Albemarle Road, Coeburn, VA 24230

    $150,000
    1.05 AC lot

    Established mobile home park with income potential in Coeburn, VA.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    501 High Ave NE, Coeburn, VA 24230

    Contact for pricing
    7,722 sqft

    Mixed-use building featuring apartments and commercial space for sale.

    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.

    Residential Lot with Mountain Views
    Residential Lot with Mountain Views

    Burke Street, Castlewood, VA 24224

    Contact for pricing
    0.75 AC lot

    Charming lot in Castlewood, VA, ready for your dream home.

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    25 Acres of Land in Castlewood
    25 Acres of Land in Castlewood

    Russian Road, Castlewood, VA 24224

    $115,000
    25.00 AC lot

    25-acre parcel with views, privacy, and building sites.

    View details
    Saint Paul Wooded Land Parcel
    Saint Paul Wooded Land Parcel

    16827 Wise Street, Saint Paul, VA 24283

    $120,000
    7.94 AC lot

    7.94-acre wooded lot with development potential near Gray Hill.

    View details
    Scenic Land with Mountain Views
    Scenic Land with Mountain Views

    Summit Avenue, Lebanon, VA 24266

    Contact for pricing
    1.10 AC lot

    1.1 acres of land near Lebanon, VA, perfect for building.

    View details

    Castlewood, VA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Castlewood, VA on our real estate platform. These investment opportunities span a total of 4,192 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1

    Demographics Overview

    Population 5,330
    Population Growth (5Y) -10.8%
    Median Household Income $47,967
    College Educated 18.3%

    Taxes & Financing

    Tax Rate (average for all types) 0.63%
    Property Tax per SF $16.93 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Russell County

    New Delisted

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