112 Douglas Drive Damascus, VA $ 364,900
112 Douglas Drive
$ 364,900
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112 Douglas Drive

Damascus, VA, 24236
$ 364,900
Bedrooms5 Baths0.0 Sq 5,400

Monthly Estimate*

$ 2,247

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Multi-Family Home for sale in Damascus, VA

for $364,900 with 5 bedrooms. This 5,400 square foot home was built in 1936 on a lot size of 0.34.

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!

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Multi-Family Active

Price

$ 364,900

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,480

Style

Up & Down

Lot Size

0.34

Year Built

1936

Town/City

Damascus

County/Region

Washington

MLS | Web ID

109113

Features
Interior
Interior Amenities See Remarks
Flooring Other
Total Fireplaces 0
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Insulated Windows Vinyl Wood Frames
Fireplace Y/N N
Above Grade Finished Area 5400
Laundry Features Other
Total Bedrooms 5
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Land Card
Above Grade Finished Area Source Land Card
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating See Remarks
Cooling See Remarks
Utilities Natural Gas Not Available
Roof Shingle
Appliances See Remarks
Zoning C
Construction Materials Block Vinyl Siding
Year Built 1936
Electric Separate Meters Other-See Remarks
Property Subtype Multi Family
Tax Year 2025
Gross Income 0
Waterfront Features None
County Washington-VA
Net Operating Income 0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions From I-81 Take Exit 19 onto US-58 toward Damascus. Travel 10 miles and bear left onto W Laurel Ave. In 0.5 Miles bear right onto Douglas Drive. Property on left in 90 feet.
High School Holston
City Damascus
Disclosures Property Disclosure
Number Of Units Total 3
MLS Area Damascus
Lot Size Units Square Feet
Lot Size Square Feet 14810.4
Carport Y/N N
Elementary School Rhea Valley
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1480.07
Showing Instructions Text Listing Agent
Home Warranty Y/N N
Middle/Junior High School Damascus
Property Condition Exterior Condition: Fair Interior Condition: Fair
Additional Parcels Y/N N
Virtual Tour tour.usamls.net/112-Douglas-Drive-Damascus-VA-24236/unbranded
Structure Type Up & Down
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1 & 1A
Freehold IDX BBO
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Exterior
Parking Features Garage Gravel Paved
Water Source Public
Lot Size Area 14810.4
Foundation Details Concrete Perimeter Slab
Spa N
Building Area Total 5400
Lot Size Acres 0.34
Road Surface Type Paved
Waterfront Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Holston Realty, Inc

Broker

cynthiaroutonrealtor@gmail.com

Email

Affordability Calculator

$2,370
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$123
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875565 Elementary School
1875483 Middle School
Holston High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$364,900 Listed Price

Map


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112 Douglas Drive, Damascus, VA, 24236 is a Multi-Family Home for sale at $364,900 with 5,400 sqft and a lot size of 0.34. 112 Douglas Drive has 5 bedrooms, 0.0 baths, and was built in 1936. The property's zip code is 24236 which is in Damascus, VA