Pennington Gap, VA Residential income properties for sale

Updated: Jul 14

Six-Unit Apartment Building

166 Warner Myers Rd, Pennington Gap, VA 24277

$259,500

Income‑producing 6‑unit apartment building in Pennington Gap, offering multiple rental opportunities under one roof.
Multifamily property structure provides six separate rental units under one ownership for diversified income streams.
Designed to support continued tenant demand with convenient access to local employers, schools, shopping, and everyday amenities.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pennington Gap, 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.

Income-Producing Mobile Home Park

345 S Hamblen Street, Big Stone Gap, VA 24219

$299,900

6.80 AC lot

Mobile home park with expansion potential in Big Stone Gap.

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Mixed-Use Property with Four Rentals

13070 N Us Highway 119, Totz, KY 40870

$439,000

2.70 AC lot

Commercial building and residential rentals create a combined mixed-use configuration.

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Mixed-Use Apartment Building with Storefront

201 S 5th Street, Big Stone Gap, VA 24219

$149,000

0.20 AC lot

Mixed-use building on 0.2 acres with three 1-bedroom units, one 2-bedroom unit, and a storefront tenant under long-term lease.

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Mixed-Use Property with Four Rentals

13070 N U.S. 119, Totz, KY 40870

$439,000

6,084 sqft 2.72 AC lot

Includes a commercial building and four residential rentals on a shared parcel.

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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.

Wooded Acreage Near Pennington Gap

Ely Pucketts Creek Road, Pennington Gap, VA 24277

$135,000

100.60 AC lot

100.6 acres of wooded land, 10 minutes from Pennington Gap.

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Wooded Acreage in Pennington Gap

Melzoni Road, Pennington Gap, VA 24277

$59,000

7.27 AC lot

7.27 acres of secluded, wooded land near Pennington Gap.

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Residential Lot in Jonesville, VA

603 Town Branch Road, Jonesville, VA 24263

Contact for pricing

0.16 AC lot

Level residential lot ready for building with public utilities.

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Appalachian Hunting Land

32.38 Ac Panther Creek Road, Sneedville, TN 37869

$100,000

32.38 AC lot

Unrestricted agricultural tract with available electricity and wooded ridges supporting deer and turkey habitat.

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Pennington Gap, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Pennington Gap, VA on our real estate platform.

Sale prices for residential income properties in Pennington Gap, VA average $259,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Pennington Gap, VA Residential Income Properties for Sale

166 Warner Myers Rd, Pennington Gap, VA 24277