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    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 units: 3 two‑bedroom and 5 one‑bedroom
    0.46‑acre lot with public water and public sewer
    3520 SF property size
    Brick and vinyl siding with a shingle roof
    Heating includes baseboard, electric, and heat pump
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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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    Trailer Park with Three Occupied Units
    Trailer Park with Three Occupied Units

    156 Saturn Drive, Dryden, VA 24243

    $85,000
    1.40 AC lot

    Trailer park on 1.4 acres zoned R3 with public water service and three occupied rental units in Dryden.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    166 Warner Myers Rd, Pennington Gap, VA 24277

    $255,000

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

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    33697 Main Street, NA, Jonesville, VA 24263

    Contact for pricing

    Commercial space and residential units are arranged across two floors, with a barber shop operating on the first level.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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 Acreage Near Pennington Gap
    Wooded Acreage Near Pennington Gap

    Ely Pucketts Creek Road, Pennington Gap, VA 24277

    $135,000
    100.60 AC lot

    100.6 acres of wooded land, 10 minutes from Pennington Gap.

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    Appalachian Hunting Land
    Appalachian Hunting Land

    32.38 Ac Panther Creek Road, Sneedville, TN 37869

    $100,000
    32.38 AC lot

    Unrestricted agricultural tract with available electricity and wooded ridges supporting deer and turkey habitat.

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    Lee County, VA Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Lee County, VA, showcased through 5 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 $1,504,000.

    Sale prices for residential income properties in Lee County, VA start at $85,000, averaging $376,000, 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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