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Brick Multifamily Building with 2-Bed Units
For Sale
$625,000

131 5TH Street, Pulaski, VA 24301

MULTI_FAMILY - Pulaski, VA

Property Size7,000 SF
Lot Size0.19 Acres
Price / SF$89.29
Days on Market960

Property Features for 131 5TH Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Elementary school Pulaski
Middle school Pulaski County Middle School
High school Pulaski County
Elementary school district Pulaski County
Middle school district Pulaski County
High school district Pulaski County
Directions From Dublin, RT 11 into 5th st NW, thru light to property on left. No Sign
Subdivision Pulaski (In Town Limits)
Standard status Active
Size 7,000 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description NORTHWEST PT LOT 5 BLOCK 4 5TH ST DEED BK - 1999, DEED PG - 6830
Tax Annual Amount 1033
Legal Description NORTHWEST PT LOT 5 BLOCK 4 5TH ST DEED BK - 1999, DEED PG - 6830

Utilities

Heating system Other (Heating), Hot Water(Heating), Natural Gas

Building Details

Floors in Building 2
Number of units 6
Flooring type Hardwood, Vct
Architectural style Other
Listing Agency: Bondurant Realty Corp.
Listed By: Bart Castleberry · License #225057533
Added: Dec 22, 2023 Changed: Aug 3 Last Checked: Aug 8 at 8:06PM
MLS# 419844

Copyright © 2026 New River Valley 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.

Investment Insights

Based on property information with market context.

This for-sale multifamily property includes six, 2-bedroom apartment units within a low-maintenance brick exterior. Updates have been completed across the building, including a newer roof and sewer line. Additional unit-level improvements noted include replacement windows, flooring, and kitchen updates in some of the apartments. The property offers a straightforward residential income setup with multiple same-bedroom units.

The building is located in Pulaski and is described as being within walking distance to downtown for shopping, dining, and recreation. Its compact site supports an owner-focused, manageable multifamily footprint.

For buyers or operators seeking a small residential income property, this asset combines multiple rentable units with recent exterior and system improvements. The combination of newer roofing and sewer infrastructure, along with ongoing interior renovations in select units, can help reduce immediate maintenance concerns. As with any multifamily acquisition, potential tenants and buyers should review unit condition details and renovation coverage unit-by-unit, particularly where windows, flooring, and kitchen upgrades have been completed only in some apartments.

Key Highlights

  • 6‑unit property with 2‑bedroom units
  • Many renovations completed, including a newer roof and sewer line
  • Low‑maintenance brick exterior

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon HVAC Service Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 24301, VA

14,040
Population
6,554
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
91%
High-School Grad
85.4 sq mi
ZIP Area
164
Density / Sq Mi
$58,790
Median Household Income
$41,572
Median Earnings
$781
Median Rent
$161,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom units in a low-maintenance brick building with updates including a newer roof and sewer line.
Where is this apartment building located?
The property is located at 131 5TH Street Pulaski, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6‑unit property with 2‑bedroom units; Many renovations completed, including a newer roof and sewer line; Low‑maintenance brick exterior
More about this property
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