1740 Bonham Rd Bristol, VA 24201
Estimated payment $15,718/month
Highlights
- No HOA
- Level Lot
- Heat Pump System
- Cooling Available
- Carpet
About This Home
Investor opportunity in the heart of Bristol, Virginia!
Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area. The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1966
Lot Details
- Property is in average condition
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Insulated Windows
- Range
Flooring
- Carpet
- Vinyl
Schools
- Van Pelt Elementary School
- Virginia Middle School
- Virginia High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
- 4 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 267-1-24
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,488 | $160,000 | $25,000 | $135,000 |
| 2024 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2023 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2022 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2021 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2020 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2019 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2018 | $962 | $164,500 | $25,000 | $139,500 |
| 2016 | -- | $156,900 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $3,000,000 | +100.0% | -- | |
| 08/23/2022 08/23/22 | Sold | $1,500,000 | -11.7% | $79 / Sq Ft | View Prior Sale |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- | |
| 06/07/2022 06/07/22 | For Sale | $1,698,500 | -- | $90 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9989213
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