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Five-Unit Apartment Building
For Sale
$275,000

204 Tunstall Avenue, Blackstone, VA 23824

Residential Income, Blackstone, VA

Property Size1,924 SF
Price / SF$142.93
Days on Market51

Property Features for 204 Tunstall Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 4
Subdivision Nottoway
Standard status Active
Size 1,924 SF

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1950
Roof type Metal
Listing Agency: Lee Simmons Signature Realty
Listed By: Lee Simmons
Added: Aug 17 Changed: Sep 15 Last Checked: Oct 6 at 11:06PM
MLS# 60065

Copyright © 2026 South Central 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.

Investment Insights

Based on property information with market context.

This 1,924-square-foot apartment building contains five units: four one-bedroom apartments and one two-bedroom apartment. The first floor includes two one-bedroom units and one two-bedroom unit, while the second floor has two one-bedroom units. Each apartment has electric baseboard heat and window A/C units. The metal roof and exterior have been recently repainted, and the gravel parking area provides at least one space per apartment along with several additional spaces.

The property is located at 204 Tunstall Avenue in Blackstone, VA 23824, within walking distance of downtown restaurants, shopping, and other amenities. Route 460 is also accessible by a short drive. All five units were occupied as of the listing date, offering an established multifamily configuration for continued rental use.

Key Highlights

  • Five‑unit apartment building with four one‑bedroom units and one two‑bedroom unit
  • 1,924 square feet with units distributed across two floors
  • All units occupied as of the listing date

Property Analytics

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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
Multi-tenant
Tenancy
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
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with varied apartment layouts, on-site parking, and access to downtown amenities.
Where is this apartment building located?
The property is located at 204 Tunstall Avenue 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: Five‑unit apartment building with four one‑bedroom units and one two‑bedroom unit; 1,924 square feet with units distributed across two floors; All units occupied as of the listing date
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