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Four-Unit Quadplex
New
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 Market1

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 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 7
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 Zoned, Heat Pump (Heating), Ductless (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
Listed By: Brandon Brown · License #0225236240
Added: Oct 29 Last Checked: Oct 29 at 9:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This Bristol quadplex contains 4,200 square feet across four units on 3.58 acres. The property was built in 1968 and has eight bedrooms and four bathrooms. Downstairs units have received recent updates; each also has a dehumidifier. The two upper units are equipped with 24-foot fire escape ladders, and all four residences have fire extinguishers. Company-owned major appliances are provided, including washers and dryers, while Unit 2 has its own washer and dryer. The property is served by public water and a septic system, with R1 zoning.

Key Highlights

  • Four units totaling 4,200 square feet
  • 3.58 acres in Bristol, Virginia
  • Eight bedrooms and four bathrooms

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

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
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 - All four residences are occupied, with appliances supplied across the property.
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: Four units totaling 4,200 square feet; 3.58 acres in Bristol, Virginia; Eight bedrooms and four bathrooms
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