112 Dale Street

Wise, VA 24293

Investment opportunity in the heart of Wise! This 5-unit apartment complex sits on over an acre of land and offers incredible potential for investors looking to expand their portfolio or create long-term passive income. Conveniently located near UVA Wise, local schools, shopping, dining, and other amenities, this property is perfectly positioned to attract steady rental demand. The property does need some TLC, making it an excellent value-add opportunity for the right buyer. One unit previously experienced a fire and will require rehabilitation, while one unit is currently occupied and producing income. With the remaining units ready for updates and improvements, the possibilities are endless for increasing rental income and overall property value. Whether you're looking to renovate and maximize cash flow, create student housing, or hold as a long-term investment, this property offers location, acreage, and income potential all in one package. Don't miss your chance to bring this multi-family property back to life in one of Wise's most convenient locations!

Listing courtesy of Robert Smith of Park Hill Realty Group, LLC



Listing information is provided by Participants of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Tennessee Virginia Regional MLS.
Data last updated at: 2026-05-09 11:08 AM UTC