Residential Income

Chilhowie, VA Residential Income Properties for Sale

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Marion, VA Glade Spring, VA Saltville, VA Meadowview, VA Damascus, VA Wytheville, VA Troutdale, VA Broadford, VA
Mobile Home Park with Creek Access
Updated: Jul 9
Mobile Home Park with Creek Access

15586 Bishop Rd., Chilhowie, VA 24319

$359,000
900 sqft 11.82 AC lot
Mobile home park on 11.82 acres with mountain and creek views and Mill Creek passing through one corner
11 single‑wide pads with individual metering for electric and county water, plus 6 septics per original permit applications
Currently 9 mobile homes on site: 3 park‑owned vacant, 1 tenant‑owned occupied (month‑to‑month) at $450/month lot rent, and 5 abandoned/vacant repairable
Metal roof; heating includes electric and forced air; interior features include paneling, with carpet and vinyl flooring
Approximately 725' of road frontage on Bishop Rd. with 2 entrances into the park
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Chilhowie, 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.

Mixed-Use Cornerstone Property
Mixed-Use Cornerstone Property

208 Town Square Street, Glade Spring, VA 24340

$525,000
5,202 sqft 0.18 AC lot

Two-building commercial property with two apartments, offering flexible space for owner-occupants or mixed-use investors.

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Three Singlewide Income Property
Three Singlewide Income Property

28497 Kenwood Dr, Meadowview, VA 24361

$209,900
0.38 AC lot

Three occupied singlewide mobile homes with updated interiors and exterior decks, plus a storage building, offered in an R2-zoned setting.

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Remodeled Multifamily Near Emory & Henry
Remodeled Multifamily Near Emory & Henry

31157 Princeton Avenue, Meadowview, VA 24361

$499,900
1,988 sqft 0.47 AC lot

Four-unit apartment building near Emory & Henry University.

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Mixed-Use Investment Opportunity, Glade Spring
Mixed-Use Investment Opportunity, Glade Spring

33424 Bunker Hill Lane, Glade Spring, VA 24340

$449,000
3,200 sqft 0.50 AC lot

Versatile mixed-use property with apartments and office spaces for sale.

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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.

Residential Corner Home Lot
Residential Corner Home Lot

Chestnutwood Drive lot: 26, Chilhowie, VA 24319

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0.50 AC lot

Corner building lot with public water available and access via a state-maintained road.

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36 Acres of Virginia Wilderness
36 Acres of Virginia Wilderness

513 Beadwood Ln, Damascus, VA 24236

$250,000
36.00 AC lot

Secluded 36-acre property bordering Jefferson National Forest.

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36 Acres in Konnarock, VA
36 Acres in Konnarock, VA

513 Beadwood Lane, Damascus, VA 24236

$250,000
36.00 AC lot

36 acres in Konnarock bordering Jefferson National Forest.

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Half-Acre Wooded Lot in Damascus
Half-Acre Wooded Lot in Damascus

Azen Road, Damascus, VA 24236

$30,000
0.50 AC lot

Wooded lot near Jefferson National Forest, ideal for outdoor adventures.

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Chilhowie, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Chilhowie, VA on our real estate platform. These investment opportunities span a total of 900 square feet of properties for sale, with an estimated market value of $359,000.

Sale prices for residential income properties in Chilhowie, VA start at $359,000, averaging $359,000, and reaching up to $359,000 — 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 1
Multifamily properties 1

Demographics Overview

Population 6,963
Population Growth (5Y) -3.2%
Median Household Income $49,140
College Educated 26.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24319 $370.9K

Taxes & Financing

Tax Rate (average for all types) 0.59%
Property Tax per SF $4.19 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Smyth County

New Delisted

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