Investment property opportunity in the town of Marion. Located directly off exit 45 from 81, including public utilities, separate water and electric meters for each unit, and a low maintenance outdoor area. 4, 2 bed 1 bath apartment units on the top floor with new decking and concrete sidewalks. 9, indoor, conditioned self-storage units on the main floor, protected with door code and camera system. Apartments rent for $850/month and are all occupied. Storage units range from 80-100 a month and run about 70% occupied. NOI includes a 10% management fee, $60-80 in electric for the storage units/hall light for apartments, pest control, and minimal ground maintenance. Great opportunity for a turn key investment property that is already managed. Call today for more info.
For sale
$395,000
171 Market St, Marion, VA 24354
8beds
1baths
4,800sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
Low maintenance outdoor areaIndoor conditioned self-storage units
- 238 days
- on Zillow |
- 160 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Christopher Fox 276-617-0189,
BHHS- Mountain Sky Properties, Wytheville
Source: SWVAR,MLS#: 96082

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Heat Pump
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
- Laundry: Other
Features
- Newer Paint
- Flooring: Vinyl
- Windows: Insulated Windows
- Fireplace features: None
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
- Finished area above ground: 4,800
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Water view: None
- Waterfront features: None
Lot
- Size: 0.31 Acres
Details
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Vinyl Siding, Dry Wall
- Foundation: Slab
- Roof: Rolled/Hot Mop
Condition
- Year built: 1961
Utilities & green energy
- Electric: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Marion
Financial & listing details
- Price per square foot: $82/sqft
- Annual tax amount: $688
- Date on market: 8/30/2024
- Total actual rent: 850
- Road surface type: Paved
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