Sold
Last Sold Price
10 beds5 baths1,100 sqft$281/sqft
292 Apple Valley Rd, Marion, VA 24354
Multi FamilyProperty Type
0.75 acresLot Size
1992Year Built
$281/sq ftPrice per sq ft

Description

Attention investors! Here is your chance to own 5 rental units in two separate buildings side by side! These units have been well maintained and are ready to work for you. Each unit offers a large living, kitchen/dining area, with utility and 1/2 bath on the main floor. The second floor offers 2 large bedrooms and full bath. Located conveniently to area schools, hospitals, and I-81. These units have all separate heat pumps, water& sewer meters, newer roofing. These are a rare find and are ready to...Attention investors! Here is your chance to own 5 rental units in two separate buildings side by side! These units have been well maintained and are ready to work for you. Each unit offers a large living, kitchen/dining area, with utility and 1/2 bath on the main floor. The second floor offers 2 large bedrooms and full bath. Located conveniently to area schools, hospitals, and I-81. These units have all separate heat pumps, water& sewer meters, newer roofing. These are a rare find and are ready to work for you! Call today to schedule your private showing!
Listing closed: 05/13/2022 12:00 AM • Source: Southwest Virginia AOR, MLS#: 80126

Recent comparable sales

Median sold price

$280,000

Avg days on market

80

Sale-to-list ratio

94.2%

Marion, VA

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Location

Listing Courtesy of Short Way Real Estate Inc, Herbert Dunford
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Property Information for 292 Apple Valley Road

Property Details
  • MLS Type: Residential Income / Multi Family
  • County: Smyth County
  • Zoning Description: res
Building Information
  • Residences: 5
  • Year Built: 1992
  • Lot Size: 0.75 AC / 32,670 SF
Summary
Location and General Information
  • Directions: From 81S take exit 39. Turn right then left onto Rt 11 South. Go approx 3 miles, turn right on Apple Valley Drive. Go 3/4 mile property on left.{There are no yard signs.}
  • Latitude: 36.819952
  • Longitude: -81.664374
Taxes and HOA
  • Parcel Number: 54A-3-43
  • Tax Lot: 43-45
  • Tax Year: 2019
School Information
  • Elementary School: Chilhowie
  • High School: Chilhowie
  • Middle Or Junior School: Chilhowie
Parking
  • Parking Features: Paved
Property
Lot Information
  • Lot Size Acres: 0.75
  • Lot Size Dimensions: .75 acre
Property and Assessments
  • Building Area Total: 1100.0
  • Living Area: 1100.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1992
Building Features
  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Roof: Shingle
Farm Information
  • Horse: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Range, Electric Water Heater
  • Total Bathrooms: 1
  • Total Bedrooms: 10
  • Cooling: Central Air
  • Has Cooling: Yes
  • Flooring: Vinyl, Carpet
  • Heating: Heat Pump
  • Has Heating: Yes
  • Laundry Features: In Kitchen
  • Has Spa: No
  • Water Heater: Electric
  • Window Features: Wood Frames
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $2,700
  • Net Operating Income: $2,700
Unit Information
Unit 1
  • Baths Total: 1
  • Total Rent: $540.00
  • Units Total: 5

Property History for 292 Apple Valley Road

DateEvent & SourcePriceAppreciation
May 13, 2022

Sold

Southwest Virginia AOR #80126

$309,000
Mar 10, 2022

Pending

Southwest Virginia AOR #80126

Sep 21, 2021

Listed (Active)

Southwest Virginia AOR #80126

$329,900
DateEvent & SourcePrice
05/13/2022

Sold

Southwest Virginia AOR #80126

$309,000
03/10/2022

Pending

Southwest Virginia AOR #80126

09/21/2021

Listed (Active)

Southwest Virginia AOR #80126

$329,900

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

Schools near 292 Apple Valley Road

This home is within Smyth County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Chilhowie Elementary School
PublicPK to 5

Chilhowie Middle School
Public6 to 8

Chilhowie High School
Public9 to 12

Smyth County Virtual
PublicK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 292 Apple Valley Road, Marion, VA 24354
$309,000
10
5
1,100
32,670
5
3,136
32,670
$58,000
0.5
1,200
32,670
$212,000
6
8
3,168
21,780
$212,000
4
1,584
21,780
3
2.5
1,564
19,716

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 Short Way Real Estate Inc, Herbert Dunford

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.