Residential Income

Norton, VA Residential Income Properties for Sale

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Norton Apartment Building For Sale
Updated: May 27, 2025
Norton Apartment Building For Sale

730 NE Virginia Avenue, Norton, VA 24273

$60,000
5,860 sqft 0.15 AC lot
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.
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Mixed-Use Property with Apartments
Updated: Dec 15, 2024
Mixed-Use Property with Apartments

1523 Kentucky Ave SE, Norton, VA 24273

Contact for pricing
5,102 sqft
Two apartments measuring 1,100 square feet and 850 square feet
1,152‑square‑foot manufactured home included
2,000 square feet of commercial office and storage space
Commercial component includes a one‑vehicle bay garage
Attached two‑car carport serves the 850‑square‑foot apartment
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Duplex with Two Two-Bedroom Units
Duplex with Two Two-Bedroom Units

213 Northwest 9th Street Nw Street, Norton, VA 24273

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Duplex offers two separate apartments, each with two bedrooms, one bath, and dedicated parking via a private driveway.

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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 20 Potential Opportunities for your consideration. Besides 3 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.

Triplex with Retail Storefront Windows
Triplex with Retail Storefront Windows

528 W Main Street, Wise, VA 24293

$325,000
4,482 sqft 0.29 AC lot

Zoned R-B, the property combines retail and storage space with two occupied apartments and public utilities.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

528 W Main St, Wise, VA 24293

$325,000
2,462 sqft

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

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Mobile Home & RV Park with Double-Wide Homes
Mobile Home & RV Park with Double-Wide Homes

10223 Tacoma School Road, Coeburn, VA 24230

$299,000
9.00 AC lot

Ranch-style mobile home and RV park with public water, heat pumps, and multiple rented homes and lots on site.

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Brick Apartment Building with Commercial Space
Brick Apartment Building with Commercial Space

501 Front Street, Coeburn, VA 24230

$485,000

Three-story brick building with public water and sewer, hardwood flooring, and zoning as Historical Dist.

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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 Norton, VA
Residential Land in Norton, VA

103 SW Locust Avenue, Norton, VA 24273

Contact for pricing
3.00 AC lot

Three residential lots available for sale in Norton, Virginia.

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Scenic Mountain Land with Potential
Scenic Mountain Land with Potential

7576 Wells Adams Road, Norton, VA 24273

$39,900
14.99 AC lot

15 acres of mountain land perfect for outdoor adventures.

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Prime Development Land on US-23
Prime Development Land on US-23

S Us Hwy 23, Wise, VA 24293

$350,000
51.29 AC lot

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

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Residential Lot in Wise, VA
Residential Lot in Wise, VA

SW Orchard Lane, Wise, VA 24293

$42,000
0.40 AC lot

0.4 acre residential lot with mountain views in Wise.

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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)

Hurricane Rd, Norton, VA 24273

$290,000
Estimated value
4,920 sqft 0.23 AC lot
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6500 Norton Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6500 Norton Rd, Norton, VA 24273-4606

$230,000
Estimated value
1,934 sqft 0.13 AC lot
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1002 Park NE Ave
MOBILE HOME PARK, TRAILER PARK

1002 Park NE Ave, Norton, VA 24273-1036

$345,000
Estimated value
1.95 AC lot
View details
6508 Norton Rd
APARTMENT HOUSE (UNDER 5 UNITS)

6508 Norton Rd, Norton, VA 24273

$160,000
Estimated value
1,968 sqft
View details
1253 Main SW Ave
MOBILE HOME PARK, TRAILER PARK

1253 Main SW Ave, Norton, VA 24273-2345

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

Main SW Ave, Norton, VA 24273

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

1639 Main SW Ave, Norton, VA 24273-2233

$145,000
Estimated value
View details
1519 Kentucky SE Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1519 Kentucky SE Ave, Norton, VA 24273

$215,000
Estimated value
1,740 sqft
View details
Old Ml Vlg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Old Ml Vlg Rd, Norton, VA 24273

$605,000
Estimated value
6,336 sqft 3.67 AC lot
View details

Norton, VA Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Norton, VA, showcased through 3 active listings 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 $60,000.

Sale prices for residential income properties in Norton, VA average $60,000 — 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 4
Apartment buildings 1
Duplexes 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

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