Contingent

$125,000

215 5th Ave, Galax, VA 24333

4beds

2baths

2,689sqft

$884/mo

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Triplex

Built in 1937

-- sqft lot

$-- Zestimate^®

$46/sqft

$-- HOA

What's special

**Investment Opportunity in Galax!** This triplex is conveniently located within Galax city limits and offers excellent income-producing potential. Two units are currently tenant-occupied, providing immediate rental income, while the third unit is ready for renovation and offers an opportunity to add value and increase future rental potential. A **new roof was installed in 2025**, adding to the property's appeal for investors. Whether you're looking to expand your rental portfolio or take advantage of a value-add opportunity, this property is full of potential!

44 days
21
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Basement

Area: 1036

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Range, Refrigerator, 1 Bdrm-Stove, 2 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator

Features

Flooring: Carpet, Tile, Wood
Windows: Insulated Windows
Has basement: Yes
Fireplace features: None

Interior area

Total structure area: 2,689
Total interior livable area: 2,689 sqft
Finished area above ground: 1,653
Finished area below ground: 1,036

Property

Parking

Parking features: Gravel

Features

Water view: None
Waterfront features: None

Lot

Size: 0.3 Acres

Details

Parcel number: 000014003002
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick, Dry Wall, Plaster
Roof: Shingle

Condition

Exterior Condition: Poor,Interior Condition: Poor
Year built: 1937

Utilities & green energy

Electric: Separate Meters
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Galax

Financial & listing details

Price per square foot: $46/sqft
Tax assessed value: $128,500
Annual tax amount: $784
Date on market: 9/30/2026
Total actual rent: 1150
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Contingent	$125,000$46/sqft
Source: SWVAR #112131 Report a problem
9/30/2026	Listed for sale	$125,000$46/sqft
Source: SWVAR #112131 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,182	$128,500
2024	$1,182 +30.1%	$128,500 +41.4%
2023	$909	$90,900
2022	$909 +8.7%	$90,900
2021	$836 +29.9%	$90,900 +6.6%
2018	$644	$85,300
2017	--	$85,300 -16.9%
2016	--	$102,700
2013	--	$102,700
2012	--	$102,700