c.1925 Virginia Foreclosure For Sale Under $35K

$34,900

Set on a gently level 0.20-acre lot, this inviting 2-bedroom, 1-bath Virginia foreclosure features approximately 1,170 square feet of well-designed living space, blending comfort and practicality.

Realtor Comments

Charming opportunity in the heart of Saltville! Built in 1925, the property features a functional layout with plenty of potential for updates and improvements. While the home will need some TLC, it provides a great opportunity for investors, first-time buyers, or anyone looking for an affordable project property. Conveniently located on Allison Gap Road with easy access to town amenities, schools, and outdoor recreation. Being sold as-is. Please be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price or $1,000, whichever is greater to the sellers title company. Unknown of internet services.

2 bed
1 bath
Circa 1925

More Virginia Properties

1263 Allison Gap Rd, Saltville, VA 24370, USA

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Debra Ball

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Pros

Low cost of living

Housing prices and rents are significantly lower than national averages.
Property taxes and everyday expenses tend to be manageable compared to much of Virginia.

Beautiful mountain scenery

Located in Southwest Virginia’s Appalachian region, with easy access to hiking, fishing, camping, and wildlife areas.
Popular local attractions include the Salt Trail, Clinch Mountain Wildlife Management Area, and nearby trout streams.

Quiet, slower pace of life

Small population and low density create a peaceful atmosphere.
Many residents appreciate the lack of traffic and strong sense of community.

Historic character

Saltville has a unique history tied to salt production, Civil War industry, and even prehistoric fossil discoveries.
The town hosts community events like its large Labor Day festival and local fairs.

Generally low crime

Several livability rankings cite crime rates below state and national averages.

Cons

Limited job opportunities

The local economy is small, and many residents commute to nearby towns for work.
Employment options are more limited than in larger Virginia cities.

Population decline

Saltville has been losing residents over time, which can affect business growth and local services.

Few shopping and dining options

You’ll find basic necessities in town, but for major shopping, healthcare specialists, or broader restaurant choices, many residents drive to nearby communities such as Abingdon or Marion.

Limited diversity and amenities

It’s a very small rural community with fewer cultural, entertainment, and nightlife options than larger towns or cities.

Car-dependent

Public transportation is essentially nonexistent.
Most errands require driving, and walkability is fairly low.

Economic challenges

Poverty rates are higher than national averages, and average incomes tend to be lower than many other parts of Virginia.

Who usually likes Saltville?

Retirees looking for affordability and quiet.
Outdoor enthusiasts who prioritize mountains, fishing, and hiking.
People working remotely who want inexpensive property.
Buyers interested in historic homes or rural acreage.

Who may not enjoy it?

Young professionals seeking strong career growth.
People who want nightlife, major shopping, or diverse cultural activities nearby.
Anyone who dislikes driving long distances for services and entertainment.

Overall, Saltville’s biggest strengths are affordability, scenery, and small-town community. Its biggest drawbacks are limited jobs, fewer amenities, and a shrinking population.