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2245 Saltville Highway, Saltville, VA 24370 - $184,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9989593
Living Area: 0 Lot Acreage: 2 Year Built: 1957
Elementary School: Rich Valley Middle School: Northwood High School: Northwood
Property Description
Opportunities like this don't come around often—especially with this level of versatility, acreage, and built-in income. Located in rural Saltville, this property offers the perfect blend of comfortable living, investment potential, and outdoor lifestyle appeal. The main home features 1,820 square feet with 3 bedrooms, 2 bathrooms, and a flexible bonus space previously used as a hair studio—ideal for a home office, hobby room, or creative workspace. The home is move-in ready, with several updates already completed, while still offering room for a new owner to add their own touches and build equity over time. A full basement with sump pump, along with a roof and HVAC system installed around 2015, provides added peace of mind. The above-2 car garage apartment, with 2 bedrooms and 1 bathroom, offers immediate income potential and is currently rented for $350/month. While the rent is below market, the long-term tenants—who have occupied the property for over 28 years—are aware and prepared for a potential rent increase. Electric is separately metered, with water shared. This space could continue as a rental, be converted into an in-law suite, or reimagined as a hunting or fishing Airbnb. The property sits on nearly 2 acres, with land extending up the mountainside, offering privacy and additional possibilities such as a hunting parcel or future home site. With ample road frontage and easy access to the North Fork of the Holston River, outdoor enthusiasts will appreciate the nearby opportunities for fishing, kayaking, and recreation. Additional features include low county-only taxes, public water, and a septic system, helping keep ownership costs affordable. Conveniently located with access to Saltville, Tannersville, and Chilhowie, this property offers rural charm without feeling isolated. With income potential, acreage, river proximity, and motivated sellers, this is an exceptional value with broad appeal—this is the type of property that doesn't come around every day. This information is taken from third-party sources and is the buyer/buyer's agent duty to verify all info.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:Heat Pump3true
    Basement:Fulltrue
    Basement:Unfinishedtrue
    Contract Info:ForeclosureNo
    Easements:Flood Zonetrue
    Exterior Finish:Vinyl Sidingtrue
    Fireplace:Dentrue
    Fireplace:Living Roomtrue
    Flooring:Hardwoodtrue
    Flooring:Laminatetrue
    Flooring:Vinyltrue
    Garage:Garage Spaces2
    General Property Description:# Buildings2
    General Property Description:# of Units2.0
    General Property Description:Acres1.62
    General Property Description:Elementary School3Rich Valley
    General Property Description:High School3Northwood
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions1.62 Acres
    General Property Description:Middle School2Northwood
    General Property Description:Total Units2
    General Property Description:Zoning2Residential
    Heating:Centraltrue
    Heating:Heat Pump2true
    Interior Features:Eat-in Kitchentrue
    Interior Features:Kitchen Islandtrue
    Interior Features:Laminate Counterstrue
    Interior Features:Primary Downstairstrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Bi-Leveltrue
    Levels:Onetrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes1169.94
    Location Tax Legal Info:Deed Book #1029
    Location Tax Legal Info:Deed Page #691
    Other Rooms:Bonus Room3true
    Other Rooms:Garage Apartmenttrue
    Other Rooms:Laundrytrue
    Parking Features:Asphalt2true
    PorchPatioDeck:Front Patiotrue
    PorchPatioDeck:Front Porchtrue
    PorchPatioDeck:Porchtrue
    PorchPatioDeck:Side Porchtrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From I-81, take Exit 35 (Chilhowie). At the end of the ramp, turn west onto Lee Highway / VA-107 toward Chilhowie/Saltville. Continue on VA-107 for approximately 9 miles, traveling through Chilhowie and toward Saltville. The property will be located on the right-hand side of the road.
    Remarks Misc:Public Remarks7Opportunities like this don't come around often—especially with this level of versatility, acreage, and built-in income. Located in rural Saltville, this property offers the perfect blend of comfortable living, investment potential, and outdoor lifestyle appeal. The main home features 1,820 square feet with 3 bedrooms, 2 bathrooms, and a flexible bonus space previously used as a hair studio—ideal for a home office, hobby room, or creative workspace. The home is move-in ready, with several updates already completed, while still offering room for a new owner to add their own touches and build equity over time. A full basement with sump pump, along with a roof and HVAC system installed around 2015, provides added peace of mind. The above-2 car garage apartment, with 2 bedrooms and 1 bathroom, offers immediate income potential and is currently rented for $350/month. While the rent is below market, the long-term tenants—who have occupied the property for over 28 years—are aware and prepared for a potential rent increase. Electric is separately metered, with water shared. This space could continue as a rental, be converted into an in-law suite, or reimagined as a hunting or fishing Airbnb. The property sits on nearly 2 acres, with land extending up the mountainside, offering privacy and additional possibilities such as a hunting parcel or future home site. With ample road frontage and easy access to the North Fork of the Holston River, outdoor enthusiasts will appreciate the nearby opportunities for fishing, kayaking, and recreation. Additional features include low county-only taxes, public water, and a septic system, helping keep ownership costs affordable. Conveniently located with access to Saltville, Tannersville, and Chilhowie, this property offers rural charm without feeling isolated. With income potential, acreage, river proximity, and motivated sellers, this is an exceptional value with broad appeal—this is the type of property that doesn't come around every day. This information is taken from third-party sources and is the buyer/buyer's agent duty to verify all info.
    Roof:Shingletrue
    Sewer:Septic Tanktrue
    Structure Type:Multi Familytrue
    Style:Ranch2true
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    TopographyLot Description:Mountainoustrue
    TopographyLot Description:Part Woodedtrue
    TopographyLot Description:Slopedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Rooms46
    Unit 1:# Units1
    Unit 1:Monthly Rent350
    Unit 2:# Bathrooms42.0
    Unit 2:# Bedrooms43
    Unit 2:# Rooms37
    Unit 2:# Units21
    Unit 2:SqFt51820
    View:CreekStreamtrue
    View:Mountain(s)true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Johnson City
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