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For sale
  • Price cut: $350K (6/5)
    $2,650,000

    1740 Bonham Rd, Bristol, VA 24201

    7beds
    4baths
    --sqft
    : 
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    Multi Family
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious two-bedroom floor plans
    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.
    182 days
    |
    135
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Thomas 423-429-6011,

    KW Kingsport

    Source: TVRMLS,MLS#: 9989213

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Range, Refrigerator
      Features
      • Flooring: Vinyl, Carpet
      • Windows: Insulated Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Asphalt, Gravel
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1.58 Acres
      • Dimensions: 1.58
      • Topography: Level
      Details
      • Parcel number: 267124
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Roof: Shingle
      Condition
      • Average
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Bristol

      Financial & listing details

      • Date on market: 12/12/2025
      • Listing terms: Cash,Conventional
      Get pre-qualifiedBe ready to make an offer.
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,107/mo

        Price history

        DateEventPrice
        6/5/2026Price change$2,650,000-11.7%
        Source: TVRMLS #9989213 Report a problem
        12/12/2025Listed for sale$3,000,000+100%
        Source: TVRMLS #9989213 Report a problem
        8/23/2022Sold$1,500,000-10.4%
        Source: SWVAR #82973 Report a problem
        8/8/2022Pending sale$1,673,500
        Source: SWVAR #82973 Report a problem
        7/31/2022Contingent$1,673,500
        Source: TVRMLS #9938945 Report a problem
        7/29/2022Price change$1,673,500-1.5%
        Source: TVRMLS #9938945 Report a problem
        6/28/2022Listed for sale$1,698,500
        Source: SWVAR #82973 Report a problem
        6/12/2022Contingent$1,698,500
        Source: SWVAR #82973 Report a problem
        6/7/2022Listed for sale$1,698,500
        Source: SWVAR #82973 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 24201

          Getting around

          35 / 100
          Car-Dependent
          35 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Van Pelt
          • Middle: Virginia
          • High: Virginia

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

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