Triplex with Renovation
New
For Sale
$125,000
215 5th Ave, Galax, VA 24333
Residential Income, Galax, VA
Property Size2,689 SF
Lot Size0.30 Acres
Price / SF$46.49
Days on Market6
Property Features for 215 5th Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Basement
Window features
Insulated Windows
Basement
Walk-Out Access, Partially Finished
Appliances
Range, Refrigerator
Elementary school
Galax
Middle school
Galax
High school
Galax
Directions
From Hwy 58 W in Galax, Turn right at caution light. Travel W Stuart Drive, Turn left onto W Center St. Turn right onto 5th Ave. Property is at the end of the street on left.
Subdivision
Galax
Standard status
Active
Size
2,689 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
785
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Water source
Public
Building Details
Year built
1937
Number of units
3
Flooring type
Carpet, Wood, Tile
Building materials
Brick, Dry Wall, Plaster
Roof type
Shingle
Listing Agency:
Morton Realty & Auction
(276) 773-3333
Listed By:
Jamie Keatley · License #0225231071
(276) 233-4434
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 5 at 11:06PM
MLS# 112131
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.
Investment Insights
Based on property information with market context.
This 2,689-square-foot triplex in Galax contains three units, with two currently occupied and the third ready for renovation. The property sits on a 0.3-acre lot and has an R2 zoning designation. A shingle roof was installed in 2025.
Built in 1937, the building has brick, drywall, and plaster construction, with wood, carpet, and tile flooring. Heating is electric baseboard, and the property is served by public water and sewer.
Built in 1937, the building has brick, drywall, and plaster construction, with wood, carpet, and tile flooring. Heating is electric baseboard, and the property is served by public water and sewer.
Key Highlights
- Three‑unit residential property with two occupied apartments
- Third unit is ready for renovation
- 2,689 square feet on a 0.3‑acre lot
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 24333, VA
17,309
Population
9,029
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
144.9 sq mi
ZIP Area
119
Density / Sq Mi
$47,539
Median Household Income
$34,297
Median Earnings
$713
Median Rent
$135,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are occupied, and the third is ready for renovation.
Where is this triplex located?
The property is located at 215 5th Ave Galax, VA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three‑unit residential property with two occupied apartments; Third unit is ready for renovation; 2,689 square feet on a 0.3‑acre lot
