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Five-Unit Apartment Building
For Sale
$275,000

204 Tunstall Ave, Blackstone, VA 23824

Two-story income property with a varied unit mix, individual heating and cooling, and dedicated gravel parking.

Property Size1,924 SF
Price / SF$142.93
Days on Market15

Property Features for 204 Tunstall Ave

General Information

Standard status Active
Size 1,924 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 1BR, 1 x 2BR
Multifamily Units 5

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Lee Simmons Signature Realty
Listed By: Lee Simmons
Source: Exprealty
Added: Aug 17 Changed: Aug 31 Last Checked: Aug 31 at 4:31AM

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 Lee Simmons Signature Realty

Investment Insights

Based on property information with market context.

This 1,924-square-foot apartment building contains five units arranged across two floors: four one-bedroom apartments and one two-bedroom apartment. The first level includes two one-bedroom units and one two-bedroom unit, while the second level contains two one-bedroom units. Each apartment has electric baseboard heat and a window A/C unit. The roof and exterior have been recently repainted.

All five apartments were occupied as of the listing date. On-site gravel parking provides at least one space per apartment along with several additional spaces. The property is within walking distance of downtown Blackstone, with restaurants, shopping, and other amenities nearby, and offers access to Route 460 via an easy drive.

Key Highlights

  • 1,924‑square‑foot apartment building with five units
  • Unit mix includes four one‑bedroom apartments and one two‑bedroom apartment
  • Two‑story layout with three units on the first floor and two on the second

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Big Box & Wholesale Store Electrical Service Pharmacy

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

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 23824, VA

7,021
Population
3,267
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
83%
High-School Grad
197.0 sq mi
ZIP Area
36
Density / Sq Mi
$59,289
Median Household Income
$43,477
Median Earnings
$1,055
Median Rent
$220,100
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 - Two-story income property with a varied unit mix, individual heating and cooling, and dedicated gravel parking.
Where is this apartment building located?
The property is located at 204 Tunstall Ave Blackstone, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,924‑square‑foot apartment building with five units; Unit mix includes four one‑bedroom apartments and one two‑bedroom apartment; Two‑story layout with three units on the first floor and two on the second
More about this property
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