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Historic 10-Unit Apartment Property
For Sale
$775,000

508 Logan Street, South Boston, VA 24592

Residential Income, South Boston, VA

Property Size9,056 SF
Lot Size0.77 Acres
Price / SF$85.58
Days on Market47

Property Features for 508 Logan Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B2
Bedrooms 17
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 14, Bathroom 2, Bedroom 12, Bathroom 7, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 15, Bedroom 11, Bathroom 4, Bedroom 3, Bathroom 10, Bedroom 7, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 17, Bedroom 9, Bedroom 1, Bedroom 10, Bedroom 8, Bedroom 13, Laundry Room, Bathroom 9, Bedroom 5, Bathroom 1, Bedroom 16, Bathroom 5
Interior features Cable TV, Additional Storage, Common Laundry Facilities, Coin Laundry, Paved Street
Exterior features Wood Siding, Vinyl Siding
Elementary school South Boston Elementary
Middle school Halifax County Middle
High school Halifax County High School
Directions Traveling North on Wilborn Avenue in the Town of South Boston, travel approximately 1/4 mile and turn right onto Logan Street. The house and apartment building behind it are the first house on the left. "THE WRIGHT HOUSE" sign is displayed in front.
Subdivision Halifax
Standard status Active
APN 2433/2431
Size 9,056 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Description LOGAN ST 125 X 180/ LOGAN ST 130 X 85
Legal Description LOGAN ST 125 X 180/ LOGAN ST 130 X 85

Utilities

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

Building Details

Year built 1910
Floors in Building 2
Number of units 10
Additional Structures Storage
Listing Agency: Southern Pine Realty Solutions - Halifax
Listed By: Timothy VanAernem
Added: Jul 30 Changed: Sep 13 Last Checked: Sep 14 at 6:06AM
MLS# 73338

Copyright © 2026 Southern Piedmont Land & Lake 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.

The property at 508 Logan Street combines a historic 1910 residence converted into private dwelling units with a separate apartment building. Together, the improvements contain 10 income-producing units across 9,056 square feet on 0.77 acres. Wood and vinyl siding, heat pump systems, shared laundry facilities, additional storage, paved street access, public water, and public sewer are included. The property is zoned B2.

Residents are within walking distance of downtown South Boston shops, restaurants, and local amenities, as well as the Tobacco Heritage Trail. Highway 58 and Highway 501 provide access toward Clarksville, Danville, Raleigh, Durham, and the Research Triangle Park area. Hitachi Energy and IperionX are located minutes away, while a renovated public boat ramp is nearby for boating and fishing access.

Key Highlights

  • 10 income‑producing units across two apartment improvements
  • 9,056 square feet of property size on 0.77 acres
  • Historic property originally built in 1910

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

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
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 - Historic multifamily improvements offer private dwelling units, shared laundry, storage, and public utilities.
Where is this apartment building located?
The property is located at 508 Logan Street 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 apartment improvements; 9,056 square feet of property size on 0.77 acres; Historic property originally built in 1910
More about this property
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