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- Description
- Property Details
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- Facts & Features
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Street View
$247,500
Monthly Est:$1,232
-- Bed
-- Bath
--sqft
166 Warner Myers Rd, Pennington Gap, VA 24277
$247,500
$1,232/moEst:
Get Pre-Approved
Multi Family
Built in 1984
$-- HOA
-- sqft lot
--/sqft
Description
Turnkey Multifamily Investment Opportunity - 6-Unit Apartment Building with a current 9.59% CAP rate (and lots of room to grow)
Income-producing multifamily assets of this size rarely become available in the Lee County market. This 6-unit apartment building presents an outstanding opportunity for investors seeking immediate cash flow, long-term appreciation, and the stability that comes with multiple income streams.
Whether you're expanding an established portfolio or purchasing your first multifamily investment, this property offers the scale to generate consistent rental income while reducing vacancy risk through diversified units. With six separate rental opportu...
- Houzeo last checked: 11 minutes ago
- Listing updated: September 17, 2026 at 1:33 pm
- Listing Provided by: D.J. Wilder (865) 567-9577 | Century 21 Virginia Wilder Real Estate (276) 861-2023
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1348143
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1348143
MLS Status
Active
Days on Market
68
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Appliances
Dryer, Range, Refrigerator, Washer
Flooring
Laminate, Carpet, Vinyl, Tile
Cooling
Window Unit(s)
Heating
Baseboard, Electric
Window Features
Windows Insulated
Construction
Year Built
Year Built: 1984
Home type
Multi Family
Construction Materials
Vinyl Siding, Frame
Roof
Shingle
Utilities & Energy
Parking Features
Off Street Parking, On Premise Parking
Other Features
Tenant Pays
Water, Sewer, Tenant Pays All Util, Electricity
Subdivision Name
Part Of Tract 3
Price History
| Date | Event | Price |
|---|---|---|
09/17/2026 Source: | Price Decreased | $247,500 -2.94% $0/sqft |
08/24/2026 Source: | Price Decreased | $255,000 -1.73% $0/sqft |
07/14/2026 Source: | Listed for Sale | $259,500 +1.76% $0/sqft |
01/10/2023 Source: | Off Market | $255,000 $0/sqft |
Find Homes by Property Features in Pennington Gap, VA
Based on information from the Knoxville Area Association of REALTORS MLS through Sep 20, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
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