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Sold for $275,000
  • $275,000

    112 Douglas Dr, Damascus, VA 24236

    5beds
    --baths
    5,400sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $276,600 Zestimate®
    $51/sqft
    $1,161 Estimated rent

    Home value

    $276,600

    Estimated sales range

    Not available

    $1,161/mo

    Zestimate® history
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    What's special

    Generous footprint
    Position your next venture in the heart of beloved downtown Damascus! This spacious commercial building offers over 5,400 square feet of opportunity on 0.34 acres spanning two commercial lots, giving you the flexibility to bring a wide range of business or investment ideas to life! With a high traffic count and prime in-town location, visibility and accessibility are on your side. This property provides the space, location, and land to think outside the box! Imagine creating the ultimate live-and-work space, where your commute is simply a walk downstairs! If you are looking to start or expand an investment portfolio, the upper level also presents an excellent opportunity to restore the existing apartments for short-term vacation rentals, long-term tenants, or additional office space. Located within walking distance to the Appalachian Trail, the Virginia Creeper Trail, and downtown Damascus—this property is well suited for anyone who loves the outdoors! Damascus is currently a hive of activity with the extensive Virginia Creeper Trail restoration project; hundreds of millions of dollars have been designated to rebuild the well-known trail and improve the surrounding national forest proving that Damascus has a bright future! With its generous footprint, mixed-use potential, and a location in one of Southwest Virginia's most beloved small towns, this property is ready for your vision. Bring your ideas and unlock the possibilities in downtown Damascus! Photos of the Virginia Creeper Trail prior to reconstruction, nearby Grayson Highlands State Park, and Appalachian Trail depict the abundant natural beauty in the surrounding area!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Routon 615-574-0773,

    Holston Realty, Inc 423-793-8109

    Bought with:

    Cynthia Routon, 0225243322

    Holston Realty, Inc

    Source: SWVAR,MLS#: 109113MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • See Remarks
    Cooling
    • See Remarks
    Appliances
    • Included: See Remarks
    Features
    • Flooring: Other
    • Windows: Insulated Windows, Vinyl, Wood Frames
    • Fireplace features: None
    Interior area
    • Total structure area: 5,400
    • Total interior livable area: 5,400 sqft
    • Finished area above ground: 5,400
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage, Gravel, Paved
    Features
    • Water view: None
    • Waterfront features: None
    Lot
    • Size: 0.34 Acres
    Details
    • Zoning: C

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Vinyl Siding
    • Foundation: Concrete Perimeter, Slab
    • Roof: Shingle
    Condition
    • Exterior Condition: Fair,Interior Condition: Fair
    • Year built: 1936

    Utilities & green energy

    • Electric: Separate Meters, Other-See Remarks
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Damascus

    Financial & listing details

    • Price per square foot: $51/sqft
    • Annual tax amount: $1,480
    • Date on market: 3/10/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/13/2026Sold$275,000-24.6%$51/sqft
    Source: SWVAR #109113 Report a problem
    4/23/2026Pending sale$364,900$68/sqft
    Source: TVRMLS #9992149 Report a problem
    3/10/2026Listed for sale$364,900$68/sqft
    Source: SWVAR #109113 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 24236

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rhea Valley
    • Middle: Damascus
    • High: Holston

    Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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