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Historic Apartment Building with Coin Laundry
New
For Sale
$775,000

508 Logan Street, South Boston, VA 24592

MULTI_FAMILY - South Boston, VA

Property Size9,056 SF
Lot Size0.77 Acres
Price / SF$85.58
Days on Market2

Property Features for 508 Logan Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B2
Bedrooms 17
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 12, Bedroom 11, Bedroom 2, Bathroom 1, Bedroom 15, Bedroom 5, Bedroom 16, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 9, Bathroom 5, Bedroom 17, Bedroom 8, Bedroom 3, Bathroom 8, Bathroom 4, Bedroom 13, Bathroom 6, Bathroom 3, Bathroom 7, Bedroom 10, Bedroom 9, Bedroom 7, Laundry Room, Bathroom 10, Bedroom 14
Interior features Cable TV, Additional Storage, Common Laundry Facilities, Coin Laundry, Paved Street
Exterior features Wood Siding, Vinyl Siding
Elementary school South Boston Elementary
Middle school Halifax County Middle
High school Halifax County High School
Directions Traveling North on Wilborn Avenue in the Town of South Boston, travel approximately 1/4 mile and turn right onto Logan Street. The house and apartment building behind it are the first house on the left. "THE WRIGHT HOUSE" sign is displayed in front.
Subdivision Halifax
Standard status Active
APN 2433/2431
Size 9,056 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Description LOGAN ST 125 X 180/ LOGAN ST 130 X 85
Legal Description LOGAN ST 125 X 180/ LOGAN ST 130 X 85

Utilities

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

Building Details

Year built 1910
Floors in Building 2
Number of units 10
Additional Structures Storage
Listing Agency: Southern Pine Realty Solutions - Halifax
Listed By: Timothy VanAernem
Added: Jul 30 Last Checked: Jul 31 at 12:06AM
MLS# 73338

Copyright © 2026 Southern Piedmont Land & Lake 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 historic apartment building, known as The Wright House, has been thoughtfully preserved and converted into private dwelling units. The property is combined with an additional apartment building to provide a total of 10 income-producing units. The interiors include cable TV, additional storage, and common laundry facilities with coin laundry.

Set on a 0.77-acre lot, the property totals 9,056 square feet and was built in 1910. Exterior finishes include wood siding and vinyl siding, and heating is provided by a heat pump. The site is served by public water and public sewer.

The property is located in South Boston, within walking distance of downtown South Boston shops and restaurants. It also offers convenient access to Highway 58 and 501 for travel to regional employers and communities, including Hitachi Energy and IperionX.

Key Highlights

  • Total of 10 income‑producing units across the main Wright House and an additional apartment building
  • 0.77‑acre lot with 9,056 square feet total building area
  • Historic building constructed in 1910 with wood and vinyl siding

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Electrical Service Pharmacy Grocery & Convenience Store

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

Demographics for 24592, VA

13,453
Population
6,821
Households
2
Avg Household Size
46
Median Age
19%
College-Educated
84%
High-School Grad
125.5 sq mi
ZIP Area
107
Density / Sq Mi
$48,655
Median Household Income
$39,465
Median Earnings
$759
Median Rent
$156,100
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 - Historic apartment building zoned B2 with coin laundry, heat pump heating, and public water and sewer service.
Where is this apartment building located?
The property is located at 508 Logan Street South Boston, VA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Total of 10 income‑producing units across the main Wright House and an additional apartment building; 0.77‑acre lot with 9,056 square feet total building area; Historic building constructed in 1910 with wood and vinyl siding
More about this property
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