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    1003 W Stuart Dr Galax, VA 24333

    For Sale
    $99,000

    MULTI_FAMILY - Galax, VA

    Property size:
    2,316 SF
    Lot size:
    0.89 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 1003 W Stuart Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Insulated Windows, Vinyl Frames
    Zoning
    RES
    Rooms
    Bathroom 1, Bedroom 1, Basement
    Bedrooms
    1
    Bathrooms
    1
    Interior features
    Ceiling Fan(s)
    Basement
    Walk-Out Access, Full
    Appliances
    Range/Oven, Refrigerator, Electric Water Heater, 1 Bdrm-Washer/Dryer, 1 Bdrm-Stove, 1 Bdrm-Refrigerator
    Size
    2,316 SF
    Lot size
    0.89 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater, Oil
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1932
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding, Dry Wall
    Roof type
    Metal
    Additional Structures
    Outbuilding

    Mountain Sky Properties (276) 228-8882 [email protected]

    Listing agent Joseph Dixon (276) 237-0775

    Listing date Nov 20, 2025

    Copyright © 2025 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Galax Duplex: Investment Opportunity

    This multi-unit duplex in Galax, VA, presents an investment opportunity with income potential. One apartment is currently leased at $450 per month through government-assisted housing. The lower unit is occupied and income-producing. The upper unit has been completely gutted and is ready for renovation, offering a blank slate for customization. Each unit features separate power meters and its own oil heat monitor, and is connected to public water and sewer. An additional 0.3-acre lot with road frontage is included, providing space for expansion or added value. Some framing has already been completed for an optional third unit. The property is zoned RES. With strong rental potential and flexible layout options, this property is suitable for investors or owner-occupants looking to build equity. The property size is 2316 square feet and the lot size is 0.886 acres. It is conveniently located near downtown Galax and area amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galax
    County
    Galax
    State
    Virginia
    Longitude
    -80.93678386
    Latitude
    36.65427917

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    FAQs

    What type of property is this?
    Duplex - Multi-unit duplex with income potential and renovation opportunity in Galax.
    Where is this duplex located?
    The property is located at 1003 W Stuart Dr Galax, VA.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Income-producing duplex with one unit leased at $450/month through government-assisted housing.; - Additional 0.3-acre lot included, providing expansion possibilities.; - Upper unit is gutted and ready for renovation, offering a customizable space.
    (276) 237-0775
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1003 W Stuart Dr Galax, VA 24333
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