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Updated Quadplex with Creekside Setting
For Sale
$490,000

1245 Poplar Knob, Galax, VA 24333

Residential Income, Galax, VA

Property Size4,891 SF
Lot Size1.20 Acres
Price / SF$100.18
Days on Market95

Property Features for 1245 Poplar Knob

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning Residentia
Bedrooms 7
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bedroom 7, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking features Garage
Window features Insulated Windows
Interior features Cathedral Ceiling(s), Newer Paint
Exterior features Lighting
Fencing Fenced
Basement Walk-Out Access, Finished
Appliances Range Hood, Range, Microwave, Dishwasher, Refrigerator
Lot features Stream, Wooded
Elementary school Oakland
Middle school Carroll County Intermediate
High school Carroll County
Directions From the stoplight in Hillsville at the intersection of Hwy 52 & 58, travel West on Hwy 58 to the stoplight in Galax at the intersection of Hwy. 58 & Country Club Rd. Turn left onto Country Club Ln and travel to the 4-way stop, turn left onto Polar Knob Rd. and the apartments will be on the left just as you enter back into Carroll County.
Subdivision Galax
Standard status Active
Size 4,891 SF
Lot size 1.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1076

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Well
Water front features Stream, Creek
Water front 1

Building Details

Year built 1945
Number of units 4
Flooring type Laminate, Newer floor covering, Wood, Tile
Building materials Vinyl Siding, Dry Wall
Roof type Metal
Additional Structures Outbuilding
Buildings 2
Listing Agency: Primm Real Estate Firm, LLC
Listed By: Sandra Worrell · License #0225230814
Added: Jul 29 Changed: Oct 25 Last Checked: Oct 31 at 8:06AM
MLS# 111262

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 4,891-square-foot quadplex contains four apartments with a mix of layouts: one three-bedroom unit, one two-bedroom unit, and two one-bedroom units. The upper apartment includes a sunroom, full bath, dining area, equipped kitchen, attached flexible room, private garage, laundry area, and rear patio. The other units feature kitchens with ranges and refrigerators, while select apartments include washer and dryer hookups, decks, and a range of wood, laminate, and tile flooring. Newer flooring and paint are also noted throughout the property.

The building includes an owner storage and work room, individual electric meter boxes, and garage parking, with additional graveled parking on the grounds. A 16 x 31 storage building provides separate utility space. The property has public sewer, a well water source, central heating and cooling supplemented by window or wall units, vinyl siding, and a metal roof. A creek borders the rear of the property, with additional land extending across the creek.

Key Highlights

  • 4,891‑square‑foot quadplex with four apartments
  • Unit mix includes 3‑bedroom, 2‑bedroom, and two 1‑bedroom apartments
  • Individual electric meter boxes serve the apartments

Property Analytics

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Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 24333, VA

17,309
Population
9,029
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
144.9 sq mi
ZIP Area
119
Density / Sq Mi
$47,539
Median Household Income
$34,297
Median Earnings
$713
Median Rent
$135,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-apartment property with varied unit layouts, individual electric metering, parking, and additional storage improvements.
Where is this quadplex located?
The property is located at 1245 Poplar Knob Galax, VA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 4,891‑square‑foot quadplex with four apartments; Unit mix includes 3‑bedroom, 2‑bedroom, and two 1‑bedroom apartments; Individual electric meter boxes serve the apartments
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