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    Lee County, VA Residential Income Properties for Sale

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    Richmond, VA Roanoke, VA Fredericksburg, VA
    Jonesville Multifamily Investment Opportunity
    $389,000
    3,520 SF

    Jonesville Multifamily Investment Opportunity

    151 Martin Street, Jonesville, VA 24263

    Multi-unit apartment building with eight units on almost half acre.

    • Multi‑unit apartment building with 8 units on almost 1/2 acre.
    • Potential to convert all units to 2‑bedroom apartments.
    • Low maintenance property with mature landscaping.
    • Waiting list of renters indicates strong rental demand.
    • Town water and sewer services.
    Updated: Apr 20
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    Commercial Property with Apartment
    $130,000
    2,000 SF

    Commercial Property with Apartment

    5239 Us Hwy 421, Pennington Gap, VA 24277

    Versatile commercial building with apartment on a half-acre lot.

    • Mixed‑use property with commercial space and a 2‑bedroom apartment
    • Half‑acre lot with secondary water and sewer hookups for expansion
    • Two spacious garage bays with rear storage rooms suitable for workshop or storage
    • Apartment has updated electrical and separate meter
    • Durable metal roof
    Updated: Jul 10, 2025
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    Dryden, VA Income Property
    $95,000
    1.40 Acres

    Dryden, VA Income Property

    Income-producing trailer park with three occupied units in Dryden, VA.

    156 Saturn Drive, Dryden, VA 24243
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lee County, VA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Pennington Gap Land For Sale
    Contact for pricing
    0.23 Acres

    Pennington Gap Land For Sale

    Two residential lots available with town water and sewer.

    Harrell Street, Pennington Gap, VA 24277
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    Residential Land in Pennington Gap
    Contact for pricing
    0.23 Acres

    Residential Land in Pennington Gap

    Residential land available in Pennington Gap, Virginia.

    S Ford Street, Pennington Gap, VA 24277
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    Wooded Acreage in Pennington Gap
    $59,000
    7.27 Acres

    Wooded Acreage in Pennington Gap

    7.27 acres of secluded, wooded land near Pennington Gap.

    Melzoni Road, Pennington Gap, VA 24277
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    Keokee, VA Wooded Land Tract
    $35,000
    30.00 Acres

    Keokee, VA Wooded Land Tract

    Large wooded tract suitable for cabin or getaway spot.

    Near 2995 State Route 606, Keokee, VA 24265
    View details

    Lee County, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Lee County, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,520 square feet of properties for sale, with an estimated market value of $519,000.

    Sale prices for residential income properties in Lee County, VA start at $130,000, averaging $259,500, and reaching up to $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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