Active
16 beds4 baths10,000 sqft
108 Kitten Ln, Rural Retreat, VA 24368
Est: $3,470/moGet pre-approved
Multi FamilyProperty Type
3.68 acresLot Size
1970Year Built
$65/sq ftPrice per sq ft

Description

Excellent investment opportunity with strong existing cash flow and room to grow. This 3.86-acre multi-family property features a total of 7 income-producing units plus 2 additional tenant-owned mobile homes providing lot rent income. The property includes two duplexes totaling four 2-bedroom, 1-bath units, along with three mobile homes consisting of two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. All units are individually metered with public water and sewer already in place, making...Excellent investment opportunity with strong existing cash flow and room to grow. This 3.86-acre multi-family property features a total of 7 income-producing units plus 2 additional tenant-owned mobile homes providing lot rent income. The property includes two duplexes totaling four 2-bedroom, 1-bath units, along with three mobile homes consisting of two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. All units are individually metered with public water and sewer already in place, making management efficient and straightforward. Current gross annual income is approximately $73,800 with an NOI of approximately $66,105. Situated directly on Route 11, the location offers excellent accessibility, just 3 minutes from Exit 60 off Interstate 81 and only 10 minutes from Wytheville. The expansive acreage provides a tremendous opportunity for future development or expansion, with plenty of additional space for more units or improvements. Whether you're looking to expand your portfolio with a stabilized income-producing asset or seeking a property with long-term development potential, this versatile multi-family package offers both immediate returns and future upside.
152 days on Market
  • Listed by: Christopher Fox 276.617.0189 chrisfox.realtor@gmail.com Brokerage DRE #0226010665 • BHHS- Mountain Sky Properties, Wytheville
Last updated: 08/13/2026 08:06 PM • Source: Southwest Virginia AOR, MLS#: 109883

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Location

Listing Courtesy of BHHS- Mountain Sky Properties, Wytheville, Christopher Fox
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$3,470 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,470

Property Taxes

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Property Information for 108 Kitten Lane

Property Details
  • MLS Type: Residential Income / Multi Family
  • County: Wythe County
  • Zoning Description: R
Building Information
  • Residences: 7
  • Year Built: 1970
  • Lot Size: 3.68 AC / 160,300 SF
Summary
Location and General Information
  • Directions: 81 south from wytheville, take exit 60, left off exit, left onto Rt 11, see property on right
  • Latitude: 36.91037
  • Longitude: -81.269184
Taxes and HOA
  • Parcel Number: 51-26-4
  • Tax Lot: 4
  • Tax Year: 2025
School Information
  • Elementary School: Rural Retreat
  • High School: Rural Retreat
  • Middle Or Junior School: Rural Retreat
Parking
  • Parking Features: Gravel
Property
Lot Information
  • Lot Size Acres: 3.68
Property and Assessments
  • Building Area Total: 10000.0
  • Living Area: 10000.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1970
Building Features
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle
Farm Information
  • Horse: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Range
  • Basement: Crawl Space
  • Total Bathrooms: 4
  • Total Bedrooms: 16
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Flooring: Laminate, Vinyl
  • Laundry Features: Main Level
  • Has Spa: No
  • Window Features: Insulated Windows
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Gross Income: $73,800
  • Insurance Expense: $3,530
  • Maintenance Expense: $1,698
  • Net Operating Income: $66,105

Property History for 108 Kitten Lane

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Listed (Active)

Southwest Virginia AOR #109883

$650,000—
DateEvent & SourcePrice
04/30/2026

Listed (Active)

Southwest Virginia AOR #109883

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 108 Kitten Lane

This home is within Wythe County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rural Retreat Elementary School
PublicPK to 5

Rural Retreat Middle School
Public6 to 8

Rural Retreat High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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108 Kitten Lane is a multi-family home for sale in Rural Retreat, VA 24368. This property was listed for sale on April 30, 2026 by BHHS- Mountain Sky Properties, Wytheville, it's currently listed at $650,000. This listing's school district is Wythe County Public Schools. Nearby schools include Rural Retreat Elementary School, Rural Retreat Middle School and Rural Retreat High School. 108 Kitten Lane is a 16-bed, 4-bath, 10,000 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS- Mountain Sky Properties, Wytheville, Christopher Fox

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Virginia Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Virginia Association of REALTORS®. All Rights Reserved.