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    Norton, VA Residential Income Properties for Sale

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    Wise, VA Big Stone Gap, VA Coeburn, VA
    Norton Apartment Building For Sale
    $60,000
    5,860 SF
    Norton Apartment Building For Sale

    730 NE Virginia Avenue, Norton, VA 24273

    18-unit apartment building with income potential in Norton, Virginia.
    • Great income potential with this 18‑unit apartment building.
    • 18‑unit apartment building.
    • Each unit has its own electric meter.
    • Public water and sewer.
    • Two basement apartments feature walkout access.
    Updated: May 27, 2025
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    Mixed-Use Investment Property in Norton
    $275,000
    5,102 SF
    Mixed-Use Investment Property in Norton

    1523 Kentucky Ave SE, Norton, VA

    Income property with apartments, home, and commercial space.
    • Multiple Income Streams: Features two apartments and a manufactured home, all currently generating rental income.
    • Commercial Space: Includes 2,000 sq/ft of unoccupied commercial space suitable for rental or owner use (retail, office, or wholesale).
    • Sizeable Units: Apartment sizes are 1,100 sq/ft and 850 sq/ft; the manufactured home is 1,152 sq/ft.
    • Convenient Location: Situated on Kentucky Avenue in Norton, VA, close to major highways (U.S. 58‑A and U.S. 23).
    • One apartment includes a two‑car carport.
    Updated: Dec 15, 2024
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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Norton, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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 Property in Wise, Virginia
    $325,000
    2,462 SF
    Mixed-Use Property in Wise, Virginia

    Commercial space with apartments in the heart of Wise.

    528 W Main Street, Wise, VA 24293

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    Manufactured Home Income Property
    $299,000
    9.00 Acres
    Manufactured Home Income Property

    Nine acres with multiple leased homes and lots, supporting a residential income setup in Wise County, Virginia.

    10223 Tacoma School Road, Coeburn, VA 24230

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    Mixed-Use Building with Retail
    $325,000
    2,462 SF
    Mixed-Use Building with Retail

    Mixed-use building with approximately 2,000 sq ft of retail and storage plus two occupied apartments.

    528 W Main St, Wise, VA 24293

    View details
    Historic Mixed-Use Building Opportunity
    $485,000
    Historic Mixed-Use Building Opportunity

    A three-story building combining ground-floor commercial space with multiple apartments in a historic downtown district.

    501 Front Street, Coeburn, VA 24230

    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 Norton, VA
    Contact for pricing
    3.00 Acres
    Residential Land in Norton, VA

    Three residential lots available for sale in Norton, Virginia.

    103 SW Locust Avenue, Norton, VA 24273

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    Scenic Mountain Land with Potential
    $39,900
    14.99 Acres
    Scenic Mountain Land with Potential

    15 acres of mountain land perfect for outdoor adventures.

    7576 Wells Adams Road, Norton, VA 24273

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    Prime Development Land on US-23
    $350,000
    51.29 Acres
    Prime Development Land on US-23

    50+ acres with US-23 frontage, ideal for commercial or residential.

    S Us Hwy 23, Wise, VA 24293

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    Residential Lot in Wise, VA
    $42,000
    0.40 Acres
    Residential Lot in Wise, VA

    0.4 acre residential lot with mountain views in Wise.

    SW Orchard Lane, Wise, VA 24293

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    Off-Market Properties in Norton, VA

    Consider similar Off-Market properties in Norton, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Hurricane Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,920 SF Lot: 0.23 Acres
    Value Estimation by Request

    Hurricane Rd, Norton, VA 24273

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    6500 Norton Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,934 SF Lot: 0.13 Acres
    Value Estimation by Request

    6500 Norton Rd, Norton, VA 24273-4606

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    1002 Park NE Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.95 Acres
    Value Estimation by Request

    1002 Park NE Ave, Norton, VA 24273-1036

    View details
    6508 Norton Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,968 SF
    Value Estimation by Request

    6508 Norton Rd, Norton, VA 24273

    View details
    1253 Main SW Ave
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    1253 Main SW Ave, Norton, VA 24273-2345

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    Main SW Ave
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Main SW Ave, Norton, VA 24273

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    1639 Main SW Ave
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    1639 Main SW Ave, Norton, VA 24273-2233

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    1519 Kentucky SE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,740 SF
    Value Estimation by Request

    1519 Kentucky SE Ave, Norton, VA 24273

    View details
    Old Ml Vlg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,336 SF Lot: 3.67 Acres
    Estimated value
    $605,000

    Old Ml Vlg Rd, Norton, VA 24273

    View details

    Norton, VA Residential Income Properties Market Trends and Statistics

    Explore 11 residential income properties for sale in Norton, VA on our real estate platform. These investment opportunities span a total of 10,962 square feet of properties for sale, with an estimated market value of $335,000.

    Sale prices for residential income properties in Norton, VA start at $60,000, averaging $167,500, and reaching up to $275,000 — 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

    Multifamily properties 2
    Apartment buildings 1

    Demographics Overview

    Population 5,860
    Population Growth (5Y) -8.0%
    Median Household Income $39,797
    College Educated 18.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24273 $60K

    Total CRE Inventory on Market (SF)

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