Residential Income

Lee County, VA Residential Income Properties for Sale

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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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Land, Blackwater, VA
Updated: Aug 5
Land, Blackwater, VA

3885 Hickory Hill Road, Blackwater, VA 24221

$775,000
190.64 AC lot
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Three-Unit Mobile Home Park
Three-Unit Mobile Home Park

156 Saturn Drive, Dryden, VA 24243

$85,000
1.40 AC lot

Three occupied rental units sit on a 1.4-acre parcel with R3 zoning and public water service.

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Six-Unit Apartment Building
Six-Unit Apartment Building

166 Warner Myers Rd, Pennington Gap, VA 24277

$247,500

Income-producing six-unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

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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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 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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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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Lee County, VA Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Lee County, VA, showcased through 4 active listings 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 $1,496,500.

Sale prices for residential investment properties in Lee County, VA start at $85,000, averaging $374,125, and reaching up to $775,000 — 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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