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    Jonesville, VA
    Residential Income

    Jonesville, VA Residential Income Properties for Sale

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    Pennington Gap, VA Blackwater, VA Sneedville, TN Saint Charles, VA Kyles Ford, TN Dryden, VA Eidson, TN Rose Hill, VA
    8-Unit Apartment Building
    Updated: Apr 20
    8-Unit Apartment Building

    151 Martin Street, Jonesville, VA 24263

    $389,000
    3,520 sqft 0.46 AC lot
    8 total apartments: 3 two‑bedroom units and 5 one‑bedroom units
    0.46‑acre multifamily property zoned R2
    Public water and public sewer connections
    Constructed in 1949 with brick and vinyl siding
    Mature landscaping and garbage pickup included
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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 Jonesville, 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.

    Brick Mixed-Use Building
    Brick Mixed-Use Building

    107 E Mound Street, Harlan, KY 40831

    $185,000
    5,540 sqft 0.07 AC lot

    Downtown property combines office space with two upstairs apartments and a basement.

    View details
    11-Lot Manufactured Home Park
    11-Lot Manufactured Home Park

    13280 Hwy 38, Lejunior, KY 40849

    $300,000
    1,200 sqft 2.30 AC lot

    Level residential income property with public water, individual septic systems, and a combination of paved and gravel drives.

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    Brick Mixed-Use Building
    Brick Mixed-Use Building

    107 E Mound St, Harlan, KY 40831

    $185,000
    5,540 sqft

    Main-level office layout paired with two residential units above.

    View details
    11-Lot Mobile Home Park
    11-Lot Mobile Home Park

    13280 Hwy 38, Lejunior, KY 40849

    $300,000
    1,200 sqft

    Level residential park with public water, individual septic systems, and a combination of paved and gravel drives.

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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 Lot in Jonesville, VA
    Residential Lot in Jonesville, VA

    603 Town Branch Road, Jonesville, VA 24263

    Contact for pricing
    0.16 AC lot

    Level residential lot ready for building with public utilities.

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    Wooded Acreage in Pennington Gap
    Wooded Acreage in Pennington Gap

    Melzoni Road, Pennington Gap, VA 24277

    $59,000
    7.27 AC lot

    7.27 acres of secluded, wooded land near Pennington Gap.

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    Appalachian Hunting Land
    Appalachian Hunting Land

    32.38 Ac Panther Creek Road, Sneedville, TN 37869

    $95,000
    32.38 AC lot

    Unrestricted woodland tract with agricultural zoning, available electricity, and habitat supporting deer, turkey, and black bear.

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    Wooded Mountain Recreation Land
    Wooded Mountain Recreation Land

    Ely Pucketts Creek Road, Pennington Gap, VA 24277

    $135,000
    100.60 AC lot

    Mostly wooded mountainous acreage with streams, wildlife, ATV access, and residential zoning near Pennington Gap.

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    Jonesville, VA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Jonesville, VA on our real estate platform. These investment opportunities span a total of 3,520 square feet of properties for sale, with an estimated market value of $389,000.

    Sale prices for residential income properties in Jonesville, VA average $389,000 — 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

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 5,661
    Population Growth (5Y) -7.8%
    Median Household Income $40,694
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24263 $389K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Tax Rate vs County Average 1.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

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