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Five-Unit Ranch Apartment Building
For Sale
$279,900

2828 E 4th Avenue, Big Stone Gap, VA 24219

Multi Family, Big Stone Gap, VA

Property SizeContact for details
Lot Size0.60 Acres
Days on Market169

Property Features for 2828 E 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Residential
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 5
Parking features Driveway
Basement Crawl Space
Appliances Electric Range, Refrigerator
Subdivision Not In Subdivision
Elementary school Union
Middle school Union
High school Union
Directions From Union High School, 2nd exit at the roundabout, travel .21 miles and property is on right past Dollar General Market.
Standard status Active
APN 016350
Lot size 0.60 Acres

Taxes and HOA fees

Tax Annual Amount 518

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1990
Number of units 5
Building materials Vinyl Siding
Roof type Metal, Asphalt
Architectural style Ranch
Listing Agency: Appalachian Realty Executives, LLC
Listed By: Michelle Childress · License #0225189678
Added: Apr 11 Changed: Sep 13 Last Checked: Sep 26 at 10:06AM
MLS# 9993751

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 five-unit apartment property sits on 0.6 acres and was built in 1990 with ranch-style construction and vinyl siding. The property includes eight bedrooms, five bathrooms, basement space, electric ranges, refrigerators, heat-pump heating and cooling, driveway parking, and a combination of metal and asphalt roofing.

Located at 2828 E 4th Avenue in Big Stone Gap, the property is near Union schools. Public water and public sewer serve all units. The seller owns all five units, and each is occupied and producing rental income.

Key Highlights

  • Five seller‑owned apartment units, all occupied and generating rental income
  • 0.6‑acre property in Big Stone Gap at 2828 E 4th Avenue
  • 1990 ranch‑style construction with vinyl siding

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Bakery Garden Center Big Box & Wholesale Store Storage Facility

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 24219, VA

10,429
Population
4,473
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
85%
High-School Grad
72.8 sq mi
ZIP Area
143
Density / Sq Mi
$52,303
Median Household Income
$31,661
Median Earnings
$808
Median Rent
$161,300
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?
Apartment building - All units are occupied, seller-owned, and connected to public water and sewer service.
Where is this apartment building located?
The property is located at 2828 E 4th Avenue Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Five seller‑owned apartment units, all occupied and generating rental income; 0.6‑acre property in Big Stone Gap at 2828 E 4th Avenue; 1990 ranch‑style construction with vinyl siding
More about this property
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