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    Gate City, VA
    Residential Income

    Gate City, VA Residential Income Properties for Sale

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    Weber City, VA Kingsport, TN Church Hill, TN Fort Blackmore, VA Hiltons, VA Duffield, VA Nickelsville, VA Blountville, TN
    Two-Home Multifamily Property
    Updated: Apr 24, 2025
    Two-Home Multifamily Property

    289 Hilton Road, Gate City, VA 24251

    $315,700
    2,206 sqft 1.00 AC lot
    Two residences on a 1‑acre parcel
    Primary home offers 5 bedrooms and 2 bathrooms
    1992 double‑wide remodeled in 2016
    Second home includes 2 bedrooms and 2 full bathrooms
    Three garages: 2‑car with doors, single‑car, and 2‑car without doors
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Gate City, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Renovated Duplex with Guest Suite
    Renovated Duplex with Guest Suite

    2236 Sheffield Street, Kingsport, TN 37660

    $699,000
    0.57 AC lot

    Remodeled duplex with a finished lower-level suite, separate entrance, kitchen, laundry, and flexible living areas.

    View details
    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    2008 Bloomingdale Road, Kingsport, TN 37660

    $500,000
    5,100 sqft 0.27 AC lot

    Six matching two-bedroom layouts provide a consistent residential configuration across the property.

    View details
    25-Unit Multifamily Portfolio
    25-Unit Multifamily Portfolio

    908 Chadwick Drive, Kingsport, TN 37660

    $1,495,000

    Well-maintained 25-unit portfolio across six buildings, currently 100% occupied with 1- and 3-bedroom unit options.

    View details
    72-Unit LIHTC Apartment Community
    72-Unit LIHTC Apartment Community

    893 New Beason Well Rd, Kingsport, TN 37660

    $6,120,000

    Established multifamily community with two- and three-bedroom residences and resident-focused on-site amenities.

    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 Land in Gate City, VA
    Residential Land in Gate City, VA

    22 & 23 Spring Valley Circle, Gate City, VA 24251

    Contact for pricing
    0.69 AC lot

    Two residential lots suitable for building or placing a doublewide.

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    Kingsport Land with Mountain Views
    Kingsport Land with Mountain Views

    410 Crystal View Street, Kingsport, TN 37660

    Contact for pricing
    0.15 AC lot

    0.15 acre lot in the county with mountain views.

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    Kingsport Multifamily Development Opportunity
    Kingsport Multifamily Development Opportunity

    1515 Bloomingdale Road, Kingsport, TN 37660

    $140,000
    2.00 AC lot

    Two-acre lot zoned for high-density residential development.

    View details
    Kingsport, TN Building Lot
    Kingsport, TN Building Lot

    Norma Drive, Kingsport, TN 37660

    $33,000
    0.68 AC lot

    Building lot in Aura Woods Hgts, ideal for families.

    View details

    Off-Market Properties in Gate City, VA

    Consider similar Off-Market properties in Gate City, 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.

    Gate City, VA Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Gate City, VA on our real estate platform. These investment opportunities span a total of 2,206 square feet of properties for sale, with an estimated market value of $315,700.

    Sale prices for residential investment properties in Gate City, VA average $315,700 — 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 1

    Demographics Overview

    Population 7,976
    Population Growth (5Y) -5.1%
    Median Household Income $44,990
    College Educated 24.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24251 $315.7K

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $8.86 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Scott County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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