$279,000
$21K PRICE DROP

3782 W Lee Hwy Wytheville, VA 24382

Estimated payment $1,635/month

Total Views 19,438
9 Beds
3 Baths
4,320 Sq Ft
$65 Price per Sq Ft

Highlights

  • Mature Trees
  • Newly Painted Property
  • Paneling
  • Scott Memorial Middle School Rated A-
  • Fireplace
  • Cooling Available

About This Home

Come see all the potential of this versatile investment property located near downtown Wytheville featuring THREE separate apartments, a historic 1890's 3 bedroom fixer-upper home, and workshop! Perfect for a multi-generational family; residence with on-site business or multiple long or short term rental units. The ground level apartment offers a sprawling 1-2 bdr/1 bth with laundry/storage room. Formerly a restaurant & bar, flea market, and auto sales lot, this unit could also be converted back to commercial space. Second apartment is a newly renovated 2 bdr/1bth with back deck, front porch, and workshop underneath. Third apartment is a newly renovated 3 bdr/1bth with pantry, brand new bathroom, washer & dryer hookups, unfinished bonus room or potential office space with lots of windows & separate back entrance, and large porch. Adjacent to the rentals is a two story, 3bdr fixer-upper with stately columns, original pine paneling & hardwoods, and large fenced yard. Call for more info!

Listing Agent

Joseph Dixon

BHHS- Mountain Sky Properties-Hillsville Brokerage Phone: 2767289500 License #0225246102 Listed on: 04/25/2025

BHHS- Mountain Sky Properties-Hillsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1967

Lot Details

  • 0.75 Acre Lot
  • Fenced
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is in good condition

Home Design

  • Newly Painted Property
  • Fire Rated Drywall
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 4,320 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outbuilding
  • Rain Gutters

Schools

  • Spiller Elementary School
  • Scott Memorial Middle School
  • George Wythe High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Separate Meters
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Tax Lot 92

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $41,100
  • Net Operating Income $35,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • Directions: I-81N Exit 73. Stay straight to continue onto main st. Turn right on Rt 11. Go about 4 miles. Property on right. See sign.
  • Above Grade Finished Sq Ft: 4320
  • Structure Type: Multiple Buildings, Three Buildings, Up & Down
  • Year Built: 1967
  • Attribution Contact: 2767289500
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Water Softener, Washer, Dryer, Other, Electric Water Heater, 1 Bdrm-Washer/Dryer, 1 Bdrm-Stove, 2 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator
  • Has Basement: Crawl Space, Basement/Foundation Other/See Remarks
  • Total Bedrooms: 9
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Newer Floor Covering, Tile, Vinyl, Vinyl Plank Floors, Wood Floors
  • Interior Amenities: Ceiling Fan(s), Newer Paint, Paneling, Shelving
  • Living Area: 4320
  • Window Features: Insulated Windows, Vinyl

Exterior Features

  • Fencing: Fenced
  • Lot Features: Wooded
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Block, Vinyl Siding, Dry Wall
  • Exterior Features: Rain Gutters, Garden, Mature Trees, Lighting
  • Foundation Details: Basement/Foundation Other/See Remarks
  • Other Structures: Outbuilding, Shed(s)
  • Property Condition: Exterior Condition: Fair, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, Paved

Utilities

  • Laundry Features: Main Level, Other
  • Cooling: Electric,Mini Split,Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Mini Split, Oil, Propane
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Public, Well, Other
  • Gas Company: Other-See Remarks

Schools

  • Elementary School: Spiller
  • High School: George Wythe
  • Middle Or Junior School: Scott Memorial

Lot Info

  • Lot Size Sq Ft: 32670
  • Zoning: R4
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 41100
  • Property Net Operating Income: 35236
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1063.86
  • Tax Lot: 92
  • Tax Map Number: 38-92
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $279,000 -7.0% $65 / Sq Ft
04/25/2025 04/25/25 For Sale $300,000 -- $69 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Source: Southwest Virginia Association of REALTORS®

MLS Number: 99503