1740 Bonham Road, Bristol, VA 24201
Local realty services provided by:CENTURY 21 Legacy
1740 Bonham Road,Bristol, VA 24201
$2,650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: emily thomas
Office: kw kingsport
MLS#:9989213
Source:TNVA_MLS
Price summary
- Price:$2,650,000
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....
Contact an agent
Home facts
- Year built:1966
- Listing ID #:9989213
- Added:185 day(s) ago
- Updated:June 15, 2026 at 03:08 PM
Rooms and interior
- Flooring:Carpet, Vinyl
- Kitchen Description:Range, Refrigerator
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1966
- Lot area:1.58 Acres
- Architectural Style:Townhouse
- Construction Materials:Brick, Vinyl Siding
Schools
- High school:Virginia
- Middle school:Virginia
- Elementary school:Van Pelt
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,650,000
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Insulated Windows
Parking
- Parking description:Asphalt Driveway, Gravel Driveway
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