Link Copied
Listed price in listed location currency (USD).
$339,000

2050

MLS® 110102

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3045 sqft
Garage 
Taxes $1,598
Days Active 0
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $111
MLS® Number 110102

Property Address: 508 W Stuart Dr, Galax, VA, 24333

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity at 508 W Stuart Drive in Galax! This well-maintained four-unit multifamily property offers a strong combination of stable long-term rental income and proven short-term rental potential. Units 2 and 4 are occupied by reliable long-term tenants who currently pay on time, while Units 1 and 3 are successfully operating as short-term rentals through Airbnb. Each unit offers 2 bedrooms, functional kitchen spaces, and comfortable living areas. Unit 1 features additional space with 2 bathrooms and a separate dining room, creating added appeal for short-term guests. The short-term rental units (Units 1 and 3) are being offered fully furnished, allowing for a seamless transition for the next owner to continue operating the business with minimal additional investment. The property also includes a shared common laundry room for all four units, along with a rear storage building that provides convenient space for trash can storage, helping maintain clean curb appeal and organization. All units are serviced by Xfinity cable and internet; however, buyers should verify service speed and reliability to their own satisfaction. Unit 2 and Unit 4 are occupied by long-term tenants and will require ample notice prior to showings. The two short-term rental units will only be available to show during vacancy periods when no guests are occupying the property. Please contact the listing agent well in advance to coordinate buyer showings and schedule appropriate access.
MLS® Number110102
Laundry LevelMain
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1925
BasementPartial, Unfinished
DrivewayCommon, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Basement:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$339,000List Price
  • Commute

Commute

Starting Address
Destination Address
508 W Stuart Dr, Galax, VA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties