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    Marion, VA
    Residential Income

    Marion, VA Residential Income Properties for Sale

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    Wytheville, VA Atkins, VA Sugar Grove, VA Saltville, VA Ceres, VA Chilhowie, VA Troutdale, VA Broadford, VA
    Six-Unit Townhome Property
    Updated: Nov 2
    Six-Unit Townhome Property

    6 Units N Church St, Marion, VA 24354

    $1,500,000
    6,426 sqft
    Six townhomes totaling 6,426 square feet on approximately 1.01 acres
    Granite kitchen countertops, nine‑foot first‑floor ceilings, and LED lighting in each residence
    Individual room thermostats and double‑wall construction between units
    Each unit has a covered single‑car carport and an additional vehicle parking space
    Lighted storage above carports with pull‑down stair access; attic is partially floored
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    Mixed-Use Property with Student Suites
    Updated: Aug 22
    Mixed-Use Property with Student Suites

    1046 Terrace Drive, Marion, VA 243554

    $850,000
    8,250 sqft 0.69 AC lot
    8,250‑square‑foot building on 0.69 acres
    Four student suites accommodate two students each
    Private baths, closets and study areas in the student suites
    Lower‑level healthcare office includes multiple offices, storage, two half baths and two kitchenettes
    Student suites have two‑year lease terms and were at full capacity
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    Commercial General Land Site
    Commercial General Land Site

    311 E Lee Street, Marion, VA 24354

    $289,000
    1.41 AC lot

    1.41-acre corner site in Marion’s CG zoning, with existing rental houses slated for demolition and river floodplain noted.

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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
    Land, Marion, VA
    Land, Marion, VA

    135 York Street lot: 1-6, Marion, VA 24354

    $50,000
    0.51 AC lot

    Single family properties · 0.51 Acres

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    4 active listings match your search: Residential Income for sale in Marion, VA. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rebuilt Multifamily Property
    Rebuilt Multifamily Property

    315 Sulpher Spring Rd, Chilhowie, VA 24319

    $1,064,500
    6,380 sqft

    Updated multifamily property with sunrooms in three units and four-zone heating and cooling.

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    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    121 East Main Street, Chilhowie, VA 24319

    Contact for pricing

    Upper-level residential space is leased, while the ground-floor storefront is available.

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    Mobile Home Park Investment Opportunity
    Mobile Home Park Investment Opportunity

    730 Burley Dr, Saltville, VA 24370

    Contact for pricing
    1,120 sqft 13.64 AC lot

    Mobile home park with expansion potential in Smyth County, VA.

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    Mobile Home Park Investment Opportunity
    Mobile Home Park Investment Opportunity

    730 Burley Dr, Saltville, VA

    Contact for pricing
    13.64 AC lot

    Mobile home park for sale in Smyth County, Virginia.

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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 Land in Marion, VA
    Residential Land in Marion, VA

    Hillside Street lot: 36, Half 37, Marion, VA 24354

    Contact for pricing
    0.22 AC lot

    Ready-to-build lot with town amenities and building incentives.

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    Land Ready to Build
    Land Ready to Build

    830 Spruce Street lot: 0, Marion, VA 24354

    Contact for pricing
    0.37 AC lot

    Land with town amenities, public utilities, and building incentives.

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    Residential Land in King Hills
    Residential Land in King Hills

    Caroline Circle lot: 13, Wytheville, VA 24382

    $59,900
    0.34 AC lot

    Residential lot with mountain views, convenient to amenities.

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    Residential Lot with Mountain Views
    Residential Lot with Mountain Views

    Caroline Circle lot: 12, Wytheville, VA 24382

    $59,900
    0.34 AC lot

    Residential lot in King Hills Subdivision with mountain views.

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    Marion, VA Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Marion, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,676 square feet of properties for sale, with an estimated market value of $2,689,000.

    Sale prices for residential investment properties in Marion, VA start at $50,000, averaging $672,250, and reaching up to $1,500,000 — 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 2
    Multifamily properties 2
    Single family properties 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -9.4%
    Median Household Income $42,076
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24354 $396.3K

    Taxes & Financing

    Tax Rate (average for all types) 0.58%
    Property Tax per SF $7.95 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Marion, VA

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    Most Searched ZIP Codes in Marion, VA

    • 24354
    • 243554

    Featured Marion Real Estate Agencies

    Realmo connects you with licensed Marion CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Appalachian Realty Co. Inc.
    123 W Main St. Marion, VA 24354
    Phone: (276) 783-5173
    www.appalachianrealtors.com/default.asp
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