Chilhowie, VA
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    Chilhowie, VA Residential Income Properties for Sale

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    Glade Spring, VA Saltville, VA Marion, VA
    Two Homes, One Property
    $415,000
    2,881 SF

    Two Homes, One Property

    1012 Whitetop Rd, Chilhowie, VA 24319

    Two homes on one property, ideal for rental income.

    • Two Homes on One Property: Ideal for multi‑generational living, rental income, or guest accommodations.
    • Main Home: Custom‑built with 2,800+ sq ft, updated kitchen (granite, stainless steel, double oven), updated bathrooms, and newer hardwood floors.
    • Second Home: 1,600+ sq ft, 2 bedrooms, stainless appliances, currently used as a rental with Airbnb potential.
    • Massive 2,025 sq ft Garage: Offers incredible flexibility for storage, workshop, or business use.
    • Location: Close to town amenities while avoiding town taxes.
    Updated: Apr 27
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    Mobile Home Park on 11+ Acres
    $379,000
    900 SF

    Mobile Home Park on 11+ Acres

    15586 Bishop Rd., Chilhowie, VA 24319

    Mobile home park with mountain views and creek frontage.

    • Mobile home park on 11.82 acres with mountain and creek views and creek frontage.
    • Convenient location: 15 minutes to Damascus/Virginia Creeper Trail/Abingdon/Mount Rogers National Recreation Area/Whitetop Mountain, 10 minutes to I‑81.
    • Existing infrastructure: 11 single wide pads (individually metered), 6 septics.
    • Income potential: Currently 9 mobile homes on site with existing tenant and potential to renovate/obtain titles for vacant homes.
    • Large metal garage divided into 4 units.
    Updated: May 7
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    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 Multifamily Near Emory & Henry
    $499,900
    1,988 SF

    Remodeled Multifamily Near Emory & Henry

    Four-unit apartment building near Emory & Henry University.

    31157 Princeton Avenue, Meadowview, VA 24361
    View details
    Mixed-Use Property in Glade Spring
    $525,000
    5,202 SF

    Mixed-Use Property in Glade Spring

    Commercial property with retail space and apartments in Glade Spring.

    208 Town Square Street, Glade Spring, VA 24340
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    Mixed-Use Investment Opportunity, Glade Spring
    $449,000
    3,200 SF

    Mixed-Use Investment Opportunity, Glade Spring

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

    33424 Bunker Hill Lane, Glade Spring, VA 24340
    View details
    Income-Producing Multi-Family Property
    $219,900
    0.38 Acres

    Income-Producing Multi-Family Property

    Meticulously maintained triplex with impressive cap rate.

    28497 Kenwood Dr, Meadowview, VA 24361
    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.

    Chilhowie, VA Corner Lot
    Contact for pricing
    0.50 Acres

    Chilhowie, VA Corner Lot

    Corner lot ready to build on, near Chilhowie, VA.

    Chestnutwood Drive lot: 26, Chilhowie, VA 24319
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    36 Acres in Konnarock, VA
    $250,000
    36.00 Acres

    36 Acres in Konnarock, VA

    36 acres in Konnarock bordering Jefferson National Forest.

    513 Beadwood Lane, Damascus, VA 24236
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    36 Acres of Virginia Wilderness
    $250,000
    36.00 Acres

    36 Acres of Virginia Wilderness

    Secluded 36-acre property bordering Jefferson National Forest.

    513 Beadwood Ln, Damascus, VA 24236
    View details
    Half-Acre Wooded Lot in Damascus
    $30,000
    0.50 Acres

    Half-Acre Wooded Lot in Damascus

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

    Azen Road, Damascus, VA 24236
    View details

    Chilhowie, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Chilhowie, VA on our real estate platform. These investment opportunities span a total of 3,781 square feet of properties for sale, with an estimated market value of $794,000.

    Sale prices for residential income properties in Chilhowie, VA start at $379,000, averaging $397,000, and reaching up to $415,000 — 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

    Multifamily properties 2
    Duplexes 1
    Mobile home & RV parks 1
    Short term rental properties 1
    Single family 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 Strategic Investment

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

    Neighborhood Average Price
    24319 $407.5K

    Taxes & Financing

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

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