Marion, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Marion, VA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Wytheville, VA Atkins, VA Chilhowie, VA
    Corner Commercial Development Land
    $289,000
    1.41 Acres
    Corner Commercial Development Land

    311 E Lee Street, Marion, VA 24354

    Commercial General-zoned corner parcel with existing rental structures ready for demolition and average daily traffic of 13,000.
    • 1.41‑acre commercial general property on the corner of East Lee Street and Main Street in Marion
    • Includes older rental houses at 311, 315, 321, and 325 East Lee Street built between the 1930s and 1960s
    • Asbestos: 321 and 325 have had asbestos removed; property includes materials listed as asbestos, Masonite, wood siding, and masonry
    • Metal roof; flooring is concrete; heating includes space heater (shell only interior noted)
    • Utilities: cable available; water source is public; sewer is public sewer
    Updated: Jun 15
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Marion, 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.

    Mixed-Use Cornerstone Property
    $525,000
    5,202 SF
    Mixed-Use Cornerstone Property

    Two-building commercial property with two apartments, offering flexible space for owner-occupants or mixed-use investors.

    208 Town Square Street, Glade Spring, VA 24340

    View details
    Mixed-Use Investment Opportunity, Glade Spring
    $449,000
    3,200 SF
    Mixed-Use Investment Opportunity, Glade Spring

    Versatile mixed-use property with apartments and office spaces for sale.

    33424 Bunker Hill Lane, Glade Spring, VA 24340

    View details
    Mobile Home Park Investment Opportunity
    $736,000
    13.64 Acres
    Mobile Home Park Investment Opportunity

    Mobile home park for sale in Smyth County, Virginia.

    730 Burley Dr, Saltville, VA

    View details
    Mobile Home Park Investment Opportunity
    $736,000
    1,120 SF
    Mobile Home Park Investment Opportunity

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

    730 Burley Dr, Saltville, VA 24370

    View details

    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
    $75,000
    0.22 Acres
    Residential Land in Marion, VA

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

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

    View details
    Land Ready to Build
    Contact for pricing
    0.37 Acres
    Land Ready to Build

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

    830 Spruce Street lot: 0, Marion, VA 24354

    View details
    Residential Land in King Hills
    $59,900
    0.34 Acres
    Residential Land in King Hills

    Residential lot with mountain views, convenient to amenities.

    Caroline Circle lot: 13, Wytheville, VA 24382

    View details
    Residential Lot with Mountain Views
    $59,900
    0.34 Acres
    Residential Lot with Mountain Views

    Residential lot in King Hills Subdivision with mountain views.

    Caroline Circle lot: 12, Wytheville, VA 24382

    View details

    Marion, VA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Marion, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $289,000.

    Sale prices for residential income properties in Marion, VA start at $289,000, averaging $289,000, and reaching up to $289,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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 $122.9K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Smyth County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings