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Brick Quadplex with Four Units
For Sale
$350,000

155 W Grayson St, Hillsville, VA 24343

Four separately metered units with public water and sewer in an R-1 residential zone.

Property Size3,840 SF
Price / SF$91.15
Days on Market10

Property Features for 155 W Grayson St

General Information

Standard status Active
Size 3,840 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $1,480
Listing Agency: Ward Real Estate Group, LLC
Listed By: Christopher Ward
Source: Exprealty
Added: Sep 3 Changed: Sep 11 Last Checked: Sep 11 at 2:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ward Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This 3,840-square-foot brick quadplex contains four separate residential units, each configured with two bedrooms and one full bathroom. The building measures 24' x 36' and includes four individual electric meters, providing separate electrical service for each unit.

The property is within the town limits of Hillsville, Virginia, and carries R-1 zoning. Public water and sewer serve the building. Its location at 155 W Grayson St places the property within walking distance of Main Street, with dining and shopping nearby.

Key Highlights

  • Four 2‑bedroom/1‑full‑bath units
  • 3,840 SF brick quadplex
  • 24' x 36' building footprint

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Storage Facility Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 24343, VA

8,849
Population
4,556
Households
1.9
Avg Household Size
48
Median Age
14%
College-Educated
86%
High-School Grad
126.0 sq mi
ZIP Area
70
Density / Sq Mi
$53,933
Median Household Income
$33,857
Median Earnings
$674
Median Rent
$139,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four separately metered units with public water and sewer in an R-1 residential zone.
Where is this quadplex located?
The property is located at 155 W Grayson St Hillsville, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four 2‑bedroom/1‑full‑bath units; 3,840 SF brick quadplex; 24' x 36' building footprint
More about this property
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