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    Rural Retreat, VA Residential Income Properties for Sale

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    Crockett, VA Atkins, VA Sugar Grove, VA
    Income-Producing Multifamily Property on 3.68 Acres
    $650,000
    10,000 SF

    Income-Producing Multifamily Property on 3.68 Acres

    108 Kitten Lane, Rural Retreat, VA 24368

    Seven units plus lot rent income near Interstate 81.

    • Strong existing cash flow with an NOI of approximately $66,105 and gross annual income of approximately $73,800.
    • 3.86 acres of land offering tremendous opportunity for future development or expansion.
    • Seven income‑producing units (four 2‑bedroom, 1‑bath units; two 3‑bedroom, 2‑bath units; and one 2‑bedroom, 1‑bath unit) plus lot rent income from two tenant‑owned mobile homes.
    • Excellent accessibility, located directly on Route 11, 3 minutes from Exit 60 off Interstate 81, and 10 minutes from Wytheville.
    • All units are individually metered with public water and sewer, simplifying management.
    Updated: May 1
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Rural Retreat, VA, we suggest exploring several alternatives:

    Rural Retreat, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Rural Retreat, VA on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for residential income properties in Rural Retreat, VA start at $650,000, averaging $650,000, and reaching up to $650,000 — 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

    Multifamily properties 1

    Demographics Overview

    Population 5,372
    Population Growth (5Y) -0.9%
    Median Household Income $66,234
    College Educated 32.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Rural Retreat submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24368 $650K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $63.07 per sq ft
    Average Loan-to-Value 65.0%

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