Back to Search

Galax Multifamily Investment Opportunity

508 W Stuart Dr Galax, VA 24333

For Sale

$339,000

MULTI_FAMILY - Galax, VA

Property size:

3,045 SF

Lot size:

0.30 Acres

Price / SF:

$111/SF

For Sale

$339,000

MULTI_FAMILY - Galax, VA

Property size:

3,045 SF

Lot size:

0.30 Acres

Price / SF:

$111/SF

Added:: May 15, 2026
Days on Market:: 59
Last Refresh:: Jul 12 at 12:06 am

Property Features for 508 W Stuart Dr

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RES
Bedrooms: 8
Bathrooms: 5
Rooms: Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 5, Basement, Bedroom 8
Window features: Insulated Windows, Vinyl Frames
Interior features: Built-in Features, Multi Phone Line, Newer Paint, Shelving
Exterior features: Rain Gutters
Fencing: Fenced
Basement: Partial, Unfinished
Appliances: Range Hood, Range, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, 1 Bdrm-Stove, 2 Bdrm-Stove, 3 Bdrm-Stove, 4 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator, 3 Bdrm-Refrigerator, 4 Bdrm-Refrigerator
Standard status: Active
Size: 3,045 SF
Lot size: 0.30 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 1598

Utilities

Sewer type: Public Sewer
Heating system: Ductless (Heating), Electric (Heating)
Cooling system: Zoned, Ductless, Electric
Water source: Public

Building Details

Year built: 1925
Number of units: 4
Flooring type: Wood, Vinyl, Tile, Newer floor covering, Plank, Laminate
Building materials: Brick, Vinyl Siding, Dry Wall
Roof type: Shingle

Listing agent Chris Davis License #0225260315

Listing office Virginia Mountain Realty 453 W Stuart Drive, Hillsville, VA

Listing date May 15, 2026

MLS# 110102 Listing URL

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.

Located in Galax, Virginia, this multifamily property at 508 W Stuart Drive presents an investment opportunity. The property consists of four units, offering a mix of long-term and short-term rental income potential. Units 2 and 4 are currently occupied by long-term tenants, while Units 1 and 3 operate as short-term rentals. Each unit includes 2 bedrooms, a functional kitchen, and living areas. Unit 1 also features 2 bathrooms and a separate dining room. The short-term rental units (Units 1 and 3) are offered fully furnished. A shared common laundry room is available for all four units. A rear storage building provides space for trash can storage. All units are serviced by Xfinity cable and internet. The property is situated on a 0.3-acre lot. The building has 3045 square feet of space. The property's location in Galax offers access to local amenities and services. The zoning is RES.

Key Highlights

Four‑unit multifamily at 508 W Stuart Drive with 2‑bedroom units in all four apartments
Units 2 and 4 are long‑term rentals occupied by tenants who pay on time
Units 1 and 3 operate as short‑term rentals through Airbnb and are offered fully furnished

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Similar For Sale Nearby

$399,000

2,330 SF

Historic Mixed-Use Property

Zoned commercial 1911 Victorian offers first-floor retail space and a newly renovated upper apartment, with new HVAC and windows.

201 W Webster, Galax, VA 24333

View Details
$444,900

2,134 SF

Updated Mixed-Use Income Property

Mixed-use property with retail and residential income potential.

948 E Stuart Drive, Galax, VA 24333

View Details
$350,000

7,060 SF

Three-Level Mixed-Use Building

Versatile downtown three-level property with finished office space and street-facing character for professional or retail uses.

105 E Grayson St, Galax, VA 24333

View Details
$444,900

2,134 SF

Updated Mixed-Use Income Property

Two-level mixed-use property with leased lower-level retail and a tenant-occupied apartment with its own exterior entrance.

948 E Stuart Drive, Galax, VA 24333

View Details
$220,000

Motorcoach Resort Premium Pad

A premium, extra-long concrete pad with full hookups and a private outdoor kitchen and living setup.

55-2524 Edmonds Rd, Galax, VA

View Details
$450,000

Mixed-Use Income Property with Retail

Updated mixed-use property features a leased lower-level retail space and a tenant-occupied upper apartment with its own exterior entrance.

948 E Stuart Drive, Galax, VA 24333

View Details
$220,000

Motorcoach Resort Pad with Full Hookups

Extra-long concrete pad with back-in access and 30/50 amp electric plus an on-site setup for comfortable outdoor living.

2524 Edmonds Rd, Galax, VA

View Details
$1,350,000

Hospitality Property with 35 Keys

Hospitality property featuring 35 keys, available for sale.

303 N Main St, Galax, VA 24333

View Details

For sale
Quadplexes
VA
Galax
24333
508 W Stuart Dr

What type of property is this?

Quadplex - Four-unit property with long-term and short-term rental income potential.

Where is this quadplex located?

The property is located at 508 W Stuart Dr Galax, VA.

What is the asking price?

The asking price for this property is $339,000.

What are key features of this property?

This property features: Four‑unit multifamily at 508 W Stuart Drive with 2‑bedroom units in all four apartments; Units 2 and 4 are long‑term rentals occupied by tenants who pay on time; Units 1 and 3 operate as short‑term rentals through Airbnb and are offered fully furnished

508 W Stuart Dr Galax, VA 24333

MULTI_FAMILY - Galax, VA

Property Features for 508 W Stuart Dr

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Historic Mixed-Use Property

Updated Mixed-Use Income Property

Three-Level Mixed-Use Building

Updated Mixed-Use Income Property

Motorcoach Resort Premium Pad

Mixed-Use Income Property with Retail

Motorcoach Resort Pad with Full Hookups

Hospitality Property with 35 Keys

FAQs