Residential Income

Chilhowie, VA Residential Income Properties for Sale

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Glade Spring, VA Marion, VA Saltville, VA Houston, TX Meadowview, VA Damascus, VA Wytheville, VA Troutdale, VA
Mobile Home Park with Creek Frontage
Updated: Jul 19
Mobile Home Park with Creek Frontage

15586 Bishop Rd., Chilhowie, VA 24319

$345,000
900 sqft 11.82 AC lot
11.82‑acre mobile home park with 11 single‑wide pads
Approximately 725 feet of road frontage on Bishop Rd. with 2 park entrances
Mill Creek passes through one corner of the property
9 mobile homes on site, including 3 park‑owned units and 5 vacant or abandoned homes
Large metal garage divided into 4 units
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Rebuilt Multifamily Property
Updated: Jan 15
Rebuilt Multifamily Property

315 Sulpher Spring Rd, Chilhowie, VA 24319

$1,064,500
6,380 sqft
6,380 SF multifamily property
Rebuilt with new plumbing, electrical, HVAC, flooring, windows, doors, trim, cabinets, ceilings, paint, and roof
Three units have sunrooms
Four‑zone heating and cooling
Less than a mile from the interstate
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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 10 Potential Opportunities for your consideration. Besides 2 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.

Remodeled Quadplex with Deck
Remodeled Quadplex with Deck

31157 Princeton Avenue, Meadowview, VA 24361

$499,900
1,988 sqft 0.47 AC lot

Four private apartments include kitchens, living areas, full bathrooms, and individual mini-split systems.

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Three-Unit Mobile Home Park
Three-Unit Mobile Home Park

28497 Kenwood Dr, Meadowview, VA 24361

$209,900
0.38 AC lot

R2-zoned property with three occupied homes and shared septic service.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

730 Burley Dr, Saltville, VA 24370

Contact for pricing
1,120 sqft 13.64 AC lot

Mobile home park with expansion potential in Smyth County, VA.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

730 Burley Dr, Saltville, VA

Contact for pricing
13.64 AC lot

Mobile home park for sale in Smyth County, Virginia.

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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

Contact for pricing
0.50 AC lot

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

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Residential Lots in Marion, VA
Residential Lots in Marion, VA

Ridgefield Drive, Marion, VA 24354

$399,000
26.90 AC lot

26.9 acres with 22 residential lots for sale.

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Mountain Hunting Land
Mountain Hunting Land

513 Beadwood Ln, Damascus, VA 24236

$250,000
36.00 AC lot

A/R-zoned recreational tract with forest frontage, a creek, and two potential homesites near outdoor destinations.

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Mountain-View Land Tract
Mountain-View Land Tract

513 Beadwood Lane, Damascus, VA 24236

$250,000
36.00 AC lot

A/R-zoned mountain property with potential homesites, a brook, and direct access to Jefferson National Forest.

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Chilhowie, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Chilhowie, VA on our real estate platform. These investment opportunities span a total of 7,280 square feet of properties for sale, with an estimated market value of $1,409,500.

Sale prices for residential income properties in Chilhowie, VA start at $345,000, averaging $704,750, and reaching up to $1,064,500 — 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 2
Mobile home & RV parks 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 $350K

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

Total CRE Inventory on Market (SF)

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