Active

112 Dale Street

Wise, VA 24293

$199,900 $842/Mo

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Overview

Bed

Bath

1.20

Acres(Lot)

Description

Investment opportunity in the heart of Wise! This 5-unit apartment complex sits on over an acre of land and offers incredible potential for investors looking to expand their portfolio or create long-term passive income. Conveniently located near UVA Wise, local schools, shopping, dining, and other amenities, this property is perfectly positioned to attract steady rental demand. The property does need some TLC, making it an excellent value-add opportunity for the right buyer. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. With the remaining units ready for updates and improvements, the possibilities are endless for increasing rental income and overall property value. Whether you're looking to renovate and maximize cash flow, create student housing, or hold as a long-term investment, this property offers location, acreage, and income potential all in one package. Don't miss your chance to bring this multi-family property back to life in one of Wise's most convenient locations!

Property Details

Property Type : Residential Income

Price : $199,900

AD Id : 78031819

MLS Id : 9994996

Lot Size : 1.20 Acres

Year Built : 1962

County : Wise

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Laminate
Roofing Information

Metal
Interior Features

Roof: Metal
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1962 Building Area Total: 3429 Construction Materials: Brick Private Pool: No

Lot Information

Lot Dimensions: 1.2 Main Square Feet: 1.2 Acres Lot Size Acres: 1.2 Lot Size Square Feet: 52272

Listing Price Information

Listing Price: $199900 Cash, Conventional

Tax Information

Parcel Number: 013403

Parking Information

Driveway

School Information

Elementary School: Wise Elementary

Junior High School: L. F. Addington

Senior High School: Central (Wise, Va)
Location Information

Direction: From Inn at Wise. Turn left onto Birchfield RD. Make a left onto Dale ST. Property on left WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
528 Main Street, Wise, VA, 24293	$325,000	--	--	--

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. 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 ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 22:57

MLS: 9994996 LISTED BY: Robert Smith, Park Hill Realty Group, LLC 423-530-5224 SOURCE: TennesseeVirginia Regional MLS