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Multifamily Investment Opportunity in Big Stone Gap

2828 E 4th Avenue Big Stone Gap, VA 24219

2828 E 4th Avenue, Big Stone Gap, VA, 24219
$279,900
For Sale
$279,900

MULTI_FAMILY - Ranch - Big Stone Gap, VA

Lot Size0.60 Acres
Days on Market99

Property Features for 2828 E 4th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Residential
Bedrooms
8
Bathrooms
5
Rooms
Basement, Bedroom 4, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 8
Parking features
Driveway
Basement
Crawl Space
Appliances
Electric Range, Refrigerator
Standard status
Active
APN
016350
Lot size
0.60 Acres

Taxes and HOA fees

Tax Annual Amount
518

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1990
Number of units
5
Building materials
Vinyl Siding
Roof type
Metal, Asphalt
Architectural style
Ranch
Listing Agency Appalachian Realty Executives, LLC
440 Orby Cantrell Highway, VA
Listed by Michelle Childress · License #0225189678
Added: Apr 11 Checked: Jul 18 at 7:06 am
MLS# 9993751 Listing URL

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 multifamily property in Big Stone Gap, Virginia, presents an investment opportunity with five units currently owned and occupied by the seller, generating consistent monthly income. The units are well-maintained and benefit from a convenient location near Union schools. Public water and sewer services are available. The property, situated on a 0.6-acre lot, is zoned for residential use. This property is suitable for both experienced investors looking to expand their portfolios and newcomers seeking to enter the income-producing real estate market.

Key Highlights

  • Immediate cash flow from 5 well‑maintained, seller‑owned and occupied units.
  • Excellent investment opportunity for seasoned or new investors.
  • Convenient location with close proximity to Union schools.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency HVAC Service Bakery Garden Center Big Box & Wholesale Store Storage Facility Butcher Auto Repair Shop Accounting Firm Computer & Electronic Repair

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

FAQs

What type of property is this?
Apartment building - Well-maintained, income-generating multifamily property near Union schools.
Where is this apartment building located?
The property is located at 2828 E 4th Avenue Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Immediate cash flow from 5 well‑maintained, seller‑owned and occupied units.; Excellent investment opportunity for seasoned or new investors.; Convenient location with close proximity to Union schools.
Contact an agent
More about this property
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