1740 Bonham Rd Bristol, VA 24201
Estimated payment $14,410/month
Highlights
- No HOA
- Level Lot
- Heat Pump System
- Cooling Available
- Carpet
About This Home
Exceptional opportunity to acquire a 20-unit multifamily portfolio consisting of four separate apartment buildings, each with its own 911 address. Each building contains five apartment units, offering a diverse mix of spacious two-bedroom floor plans. 1678 Bonham Road 5 units 2 bedrooms 1.5 baths each 1698 Bonham Road - 5 units: 2 bedrooms 1.5 baths each 1716 Bonham Road: 5 units: 2 bedrooms 1.5 baths each 1740 Bonham Road: 5 units 2 bedrooms / 1 bath each 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. Prime Bristol Location - Approximate Drive Times (Pending Traffic Conditions)
Approximately 10± minutes to the Hard Rock Hotel & Casino Bristol
Approximately 10± minutes to The Pinnacle, offering premier shopping, dining, and entertainment
Approximately 20± minutes to Bristol Motor Speedway
Approximately 2-4± minutes to a variety of restaurants, retail stores, and everyday conveniences located near Exit 7
Approximately 2± minutes to Food City
Approximately 12± minutes to Bristol Regional Medical Center Location Advantages: Ideally positioned with convenient access to major employers, healthcare facilities, shopping, dining, entertainment, and Interstate 81. This central Bristol location offers residents easy access to many of the area's most desirable destinations while maintaining a neighborhood setting.
** All drive times are approximate and may vary based on traffic conditions, route selection, and time of day. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 1.58 Acre Lot
- Level Lot
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | Price Changed | $2,650,000 | -11.7% | -- | |
| 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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Ask me questions while you tour the home.