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    Marion, VA
    Residential Income

    Marion, VA Residential Income Properties for Sale

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    Wytheville, VA Coral Gables, FL Atkins, VA Sugar Grove, VA Chilhowie, VA Rural Retreat, VA Troutdale, VA Saltville, VA
    Commercial General Land Site
    Updated: Jul 9
    Commercial General Land Site

    311 E Lee Street, Marion, VA 24354

    $289,000
    1.41 AC lot
    1.41‑acre commercial general property on the corner of East Lee St and Main St in Marion
    Includes 311, 315, 321, and 325 East Lee St older rental houses (built 1930s–1960s)
    Asbestos removed from 321 and 325; other materials include asbestos, wood siding, Masonite, and masonry
    Roof is metal; flooring is concrete; heat provided by space heater (shell only interior features)
    Utilities/services include public water and public sewer; cable available
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    Mixed-Use Retail Building with Apartment
    Updated: Jun 5
    Mixed-Use Retail Building with Apartment

    718 N Main St, Marion, VA 24354

    $189,000
    0.66 AC lot
    0.66‑acre commercial property with road frontage on both N Main Street and S Holston Ave
    Spans three parcels and includes full utility access: sewer, water, and electric
    Includes an approx. 1,888 sq ft building with ground‑floor commercial space
    Upper level has a residential apartment, enabling potential dual income streams
    Building can be used as‑is or cleared for ground‑up redevelopment
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Mobile Home Park with Creek Frontage
    Mobile Home Park with Creek Frontage

    15586 Bishop Rd., Chilhowie, VA 24319

    $350,000
    900 sqft 11.82 AC lot

    Zoned A1 mobile home park on open acreage with creek frontage, featuring individually metered pads and septic service.

    View details
    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.

    View details
    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.

    View details
    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.

    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
    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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    Level Building Lot in Marion
    Level Building Lot in Marion

    Highland Drive lot: 1, Marion, VA 24354

    $49,000
    0.30 AC lot

    Level R-2 zoned lot near Marion attractions with mountain views.

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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.

    View details
    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.

    View details

    Marion, VA Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Marion, VA on our real estate platform.

    Sale prices for residential income properties in Marion, VA start at $189,000, averaging $239,000, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 2

    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 $239K

    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

    Total CRE Inventory on Market (SF)

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