Pennington Gap VA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
1215093

ADDITIONAL INFORMATION

Great investment or retirement plan (monthly income currently $2,825) with this 6-unit apartment building, there are 2 units with 2 bedrooms/1 bathroom; 4 units with 1 bedroom/1 bathroom; all units have living room, kitchen and laundry areas; city water and city sewer; range, refrigerator, washer and dryer for each unit; 6 plus parking spaces; concrete sidewalk; currently all units are rented; all electric; owner/ agent.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is 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. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved.



Pennington Gap Real Estate

The median home value in Pennington Gap, VA is $96,000. This is higher than the county median home value of $86,800. The national median home value is $338,100. The average price of homes sold in Pennington Gap, VA is $96,000. Approximately 31.84% of Pennington Gap homes are owned, compared to 44.97% rented, while 23.2% are vacant. Pennington Gap real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pennington Gap real estate agent to arrange a tour today!

Pennington Gap, Virginia has a population of 2,079. Pennington Gap is less family-centric than the surrounding county with 8.42% of the households containing married families with children. The county average for households married with children is 19.44%.

The median household income in Pennington Gap, Virginia is $20,814. The median household income for the surrounding county is $37,574 compared to the national median of $69,021. The median age of people living in Pennington Gap is 33.6 years.

Pennington Gap Weather

The average high temperature in July is 85.1 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 52.1 inches per year, with 16.6 inches of snow per year.

Pennington Gap Real Estate Market Conditions

  • Median sales price

    $96,000
    22.5% change since last quarter
  • # Active listings

    23
    30-day change

Pennington Gap Schools and Demographics

Education near Pennington Gap, VA

Metric City County
High School Graduates 71.6 79.8
College Degree - 2 year 5.62 6.25
College Degree - 4 year 9.42 10.79
Graduate Degree 2.45 1.78
Expenditures per Student 12,690 12,690
Students per Teacher 11 11

Elementary Schools near Pennington Gap, VA

School Grades Students P/T Ratio ZIP
Dryden Elementary School PK - 05 365 16.6 24243
Duffield-Pattonsville Primary School PK - 04 390 19.5 24244
Elk Knob Elementary School PK - 05 378 18 24277
Flatwoods Elementary School PK - 05 433 14.9 24263
St. Charles Elementary PK - 05 148 12.9 24282

Middle Schools near Pennington Gap, VA

School Grades Students P/T Ratio ZIP
Jonesville Middle School 06 - 08 202 8.9 24263
Pennington Middle School 06 - 08 368 12.7 24277
Rye Cove Intermediate School 05 - 07 150 11.5 24244

High Schools near Pennington Gap, VA

School Grades Students P/T Ratio ZIP
Lee High School 09 - 12 711 11.2 24263
Rye Cove High School 08 - 12 313 15.9 24244

Ungraded Schools near Pennington Gap, VA

School Grades Students P/T Ratio ZIP
Stem for Life Governor's Academy UG - UG 0 24244

Demographics near Pennington Gap, VA

Metric City County
Neighborhood Type Small Town
Population 2,079 22,482
Population Density 1,246 52
Median Age 33.6 45.6
People per Household 2.8 2.6
Median Household Income 20,814 37,574
Average Income per Capita 17,385 19,671