Residential Income

Rural Retreat, VA Residential Income Properties for Sale

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Crockett, VA Atkins, VA Speedwell, VA
Income-Producing Multifamily Property on 3.68 Acres
Updated: May 1
Income-Producing Multifamily Property on 3.68 Acres

108 Kitten Lane, Rural Retreat, VA 24368

$650,000
10,000 sqft · 3.68 AC lot
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.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rural Retreat, 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.

Versatile Multi-Family Investment Opportunity
Versatile Multi-Family Investment Opportunity

134/190 Galilee Church Road, Wytheville, VA 24382

$525,000
640 sqft · 8.29 AC lot

Multi-family property on 8.29 acres with income potential.

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Income-Generating Property on 8+ Acres
Income-Generating Property on 8+ Acres

134/190 Galilee Church Road, Wytheville, VA 24382

$525,000
8.29 AC lot

8.29 acres with 10 mobile homes and 1 house.

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Mixed-Use Property in Downtown Bluefield
Mixed-Use Property in Downtown Bluefield

534 Virginia Ave, Bluefield, VA 24605

$199,900
5,670 sqft

Mixed-use property with office and residential spaces in downtown Bluefield.

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Two-Story Duplex with Income Potential
Two-Story Duplex with Income Potential

1920 Walton Ave, Bluefield, WV 24701

$119,900
0.13 AC lot

Two-story duplex featuring hardwood floors and income-generating apartments.

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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.

9.65 Acres in Rural Retreat
9.65 Acres in Rural Retreat

Chinquapin lot: 108-109, Rural Retreat, VA 24368

$89,000
9.65 AC lot

9.65-acre wooded lot perfect for building a dream home.

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Scenic Farmland & Recreational Land
Scenic Farmland & Recreational Land

892 Ward Branch Rd lot: 0, Rural Retreat, VA 24368

$559,500
95.93 AC lot

96+/- acres in Rural Retreat, VA with pasture and views.

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Secluded Wooded Acreage with Creek
Secluded Wooded Acreage with Creek

Gullion Fork Road, Wytheville, VA 24382

$120,000
23.93 AC lot

23.93 acres of wooded land with year-round creek.

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Wytheville Land with Mountain Views
Wytheville Land with Mountain Views

S Petunia Road lot: 20, Wytheville, VA 24382

$79,000
1.07 AC lot

Over an acre to build your dream home.

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Rural Retreat, VA Residential Income Properties Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

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 Investment

Identify Rural Retreat submarkets with the highest inventory density on the market and evaluate the average 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 SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wythe County

New Delisted

Total CRE Inventory on Market (SF)

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