Listing Agency: Southern Pine Realty Solutions - Halifax Show Phone

Listed By: Timothy VanAernem Show Phone

Source: Exprealty

Added: Jul 30 Changed: Sep 24 Last Checked: Sep 24 at 2:33PM

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Investment Insights

Based on property information with market context.

The 9,056-square-foot property includes the historic Wright House, converted into private dwelling units, and a separate apartment building. Together, the buildings contain 10 income-producing units. The historic character of the house remains part of the property’s physical identity.

The site is in South Boston, within walking distance of downtown shops, restaurants, and local amenities, as well as the Tobacco Heritage Trail. Highway 58 and Highway 501 provide access to nearby communities. A public boat ramp is also nearby.

Key Highlights

• 10 income‑producing units across two buildings
• 9,056 square feet in total
• Historic Wright House converted into private dwelling units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Electrical Service Pharmacy Grocery & Convenience Store

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

10

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

505

Businesses Nearby

Explore this area Business Placement

Demographics for 24592, VA

13,453

Population

6,821

Households

2

Avg Household Size

46

Median Age

19%

College-Educated

84%

High-School Grad

125.5 sq mi

ZIP Area

107

Density / Sq Mi

$48,655

Median Household Income

$39,465

Median Earnings

$759

Median Rent

$156,100

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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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - A two-building residential property combines a converted historic house with a separate apartment building.

Where is this apartment building located?

The property is located at 508 Logan St South Boston, VA.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: 10 income‑producing units across two buildings; 9,056 square feet in total; Historic Wright House converted into private dwelling units