$108,000
Appalachia, VA 24216
MLS# 9995061
1 / 2
Property Description
308 & 306 Kilbourne Ave. Investor's dream opportunity! This income-producing package includes a triplex plus a separate 3-bedroom home, all being sold together with a detached garage and already generating steady rental income. The triplex features a 1-bedroom unit, 2-bedroom unit, and spacious 3-bedroom unit, offering excellent rental flexibility and strong long-term investment potential. The additional 3-bedroom home adds even more value and income possibilities. Currently bringing in approximately $2,000 per month with all units rented, this property is perfect for investors looking to expand their portfolio or create long-term passive income. Conveniently priced below current tax assessment value, this is a rare chance to purchase multiple income-producing properties in one package deal. Don't miss this incredible opportunity with immediate cash flow and room for future growth! Properties include (R018376 & R018380) Parcel Numbers
Details
Maps
Location, Tax & Legal Info
Parcel ID: 018376
City Taxes: 253.87
County Taxes: 330.51
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 108000
Current Price: $108,000
Listing Date: 2026-05-07
General Property Description
Lot Dimensions: 0.4
Acres: 0.4
Zoning: R
# Buildings: 2
Elementary School: Union
# of Units: 4
Middle School: Union
Total Units: 4
High School: Union
HOA Y/N: No
Property Sub-Type: Other
Year Built: 9999
Remarks & Misc
Public Remarks: 308 & 306 Kilbourne Ave.
Investor's dream opportunity! This income-producing package includes a triplex plus a separate 3-bedroom home, all being sold together with a detached garage and already generating steady rental income. The triplex features a 1-bedroom unit, 2-bedroom unit, and spacious 3-bedroom unit, offering excellent rental flexibility and strong long-term investment potential. The additional 3-bedroom home adds even more value and income possibilities.
Currently bringing in approximately $2,000 per month with all units rented, this property is perfect for investors looking to expand their portfolio or create long-term passive income. Conveniently priced below current tax assessment value, this is a rare chance to purchase multiple income-producing properties in one package deal. Don't miss this incredible opportunity with immediate cash flow and room for future growth!
Properties include (R018376 & R018380) Parcel Numbers
Directions: From town of Big Stone. Travel Roaring Branch RD into town of Appalachia. Turn right onto VA-78 N. Turn right onto Depot ST. Turn right onto Kilbourne Ave. Property on right.
Exterior Finish
Vinyl Siding: 1
Unit 1
# Bedrooms: 1
Unit 2
# Bedrooms: 2
Style
See Remarks: 1
Unit 3
# Bedrooms: 3
Levels
Tri-Level: 1
Unit 4
# Bedrooms: 3
Heating
Electric: 1
AC
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Topography/Lot Description
Level: 1
Easements
None: 1
Structure Type
House: 1
Multi Family: 1
Triplex: 1
Location Tax Legal Info
Street #: 306
Street Name: Kilbourne
St Suffix: Avenue
County: Wise
State/Province: VA
Zip Code: 24216
Subdivision: Not In Subdivision
Property Features
Style: See Remarks
Levels: Tri-Level
Exterior Finish: Vinyl Siding
Heating: Electric
Water: Public
Sewer: Public Sewer
AC: Window Unit(s)
Structure Type: House; Multi Family; Triplex
Easements: None
Listing Office: Park Hill Realty Group, LLC
Last Updated: May - 08 - 2026
Information deemed reliable but not guaranteed.