Rented Quadplex with
For Sale
$439,000
15424 Majestic Drive, Bristol, VA 24202
Residential Income, Bristol, VA
Property Size4,200 SF
Lot Size3.58 Acres
Price / SF$104.52
Days on Market131
Property Features for 15424 Majestic Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R1
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 7, Bathroom 3, Bedroom 6
Window features
Insulated Windows
Interior features
Paneling
Basement
Full
Appliances
Range, Refrigerator, Washer, Dryer
Elementary school
High Point
Middle school
Wallace
High school
John S Battle
Directions
I-81 Exit 10, Right onto route 11, Left onto RTE 310, Left onto Majestic Drive. The apartments are on the right see sign.
Subdivision
Washington County
Standard status
Active
Size
4,200 SF
Lot size
3.58 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1827
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating), Zoned, Heat Pump (Heating)
Cooling system
Ductless, Zoned, Central Air
Water source
Public
Building Details
Year built
1968
Number of units
4
Flooring type
Vinyl
Building materials
Masonite
Roof type
Shingle
Listing Agency:
Southfork Realty LLC
(276) 646-5894
Listed By:
Brandon Brown
(276) 759-3659
Added: Jun 19
Changed: Oct 25
Last Checked: Oct 27 at 8:06AM
MLS# 109812
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.
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 4,200 square feet on approximately 3.58 acres and was built in 1968. All units are currently rented. The property includes ranges and refrigerators, while company-owned appliances include the major equipment and most washers and dryers. Unit 2 has a dedicated washer and dryer. The two lower-level units have been updated and include dehumidifiers, while the upper units are equipped with 24-foot fire escape ladders.
Located just off Exit 10 in Bristol, the property uses public water and a septic tank. Additional features include vinyl flooring, Masonite siding, a shingle roof, paneling, and zoned heating and cooling with heat pumps, ductless systems, and central air. R1 zoning and the substantial site area provide the existing quadplex configuration with room for expansion as supported by the property information.
Located just off Exit 10 in Bristol, the property uses public water and a septic tank. Additional features include vinyl flooring, Masonite siding, a shingle roof, paneling, and zoned heating and cooling with heat pumps, ductless systems, and central air. R1 zoning and the substantial site area provide the existing quadplex configuration with room for expansion as supported by the property information.
Key Highlights
- All four units are currently rented
- 3.58 +/- acres with 4,200 square feet of property size
- R1 zoning with room to expand
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
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Business Placement
Demographics for 24202, VA
12,716
Population
6,270
Households
2
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
128.8 sq mi
ZIP Area
99
Density / Sq Mi
$58,333
Median Household Income
$36,435
Median Earnings
$850
Median Rent
$195,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with updated lower-level units and company-owned major appliances.
Where is this quadplex located?
The property is located at 15424 Majestic Drive Bristol, VA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: All four units are currently rented; 3.58 +/- acres with 4,200 square feet of property size; R1 zoning with room to expand
