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For sale
  • $339,000

    508 W Stuart Dr, Galax, VA 24333

    8beds
    5baths
    3,045sqft
    : 
    $2,155/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $111/sqft
    $-- HOA

    What's special

    Shared common laundry roomFunctional kitchen spaces
    Excellent investment opportunity at 508 W Stuart Drive in Galax! This well-maintained four-unit multifamily property offers a strong combination of stable long-term rental income and proven short-term rental potential. Units 2 and 4 are occupied by reliable long-term tenants who currently pay on time, while Units 1 and 3 are successfully operating as short-term rentals through Airbnb. Each unit offers 2 bedrooms, functional kitchen spaces, and comfortable living areas. Unit 1 features additional space with 2 bathrooms and a separate dining room, creating added appeal for short-term guests. The short-term rental units (Units 1 and 3) are being offered fully furnished, allowing for a seamless transition for the next owner to continue operating the business with minimal additional investment. The property also includes a shared common laundry room for all four units, along with a rear storage building that provides convenient space for trash can storage, helping maintain clean curb appeal and organization. All units are serviced by Xfinity cable and internet; however, buyers should verify service speed and reliability to their own satisfaction. Unit 2 and Unit 4 are occupied by long-term tenants and will require ample notice prior to showings. The two short-term rental units will only be available to show during vacancy periods when no guests are occupying the property. Please contact the listing agent well in advance to coordinate buyer showings and schedule appropriate access.
    70 days
    |
    440
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Davis 276-233-2362,

    Virginia Mountain Realty 276-728-7355

    Source: SWVAR,MLS#: 110102MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      Basement
      • Area: 405
      Heating
      • Electric, Mini Split, Mini-Splits
      Cooling
      • Electric, Mini Split
      Appliances
      • Included: 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
      • Laundry: Main Level, Common Area
      Features
      • Multi Phone Line, Newer Paint
      • Flooring: Newer Floor Covering, Laminate, Plank, Tile, Vinyl, Wood
      • Windows: Insulated Windows, Vinyl
      • Basement: Unfinished
      • Fireplace features: None
      Interior area
      • Total structure area: 3,045
      • Total interior livable area: 3,045 sqft
      • Finished area above ground: 3,045
      • Finished area below ground: 405
      Video & virtual tour

      Property

      Parking
      • Parking features: Common, Paved
      Features
      • Exterior features: Rain Gutters
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None
      Lot
      • Size: 0.3 Acres
      • Dimensions: 0.3000 acres +/-
      Details
      • Parcel number: 000013923002
      • Zoning: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding, Dry Wall
      • Foundation: Block, Concrete Perimeter, Slab
      • Roof: Shingle
      Condition
      • Exterior Condition: Good,Interior Condition: Good
      • Year built: 1925

      Utilities & green energy

      • Electric: Separate Meters
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Galax

      Financial & listing details

      • Price per square foot: $111/sqft
      • Tax assessed value: $173,700
      • Annual tax amount: $1,598
      • Date on market: 5/15/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/15/2026Listed for sale$339,000+62.2%$111/sqft
        Source: SWVAR #110102 Report a problem
        4/30/2021Sold$209,000$69/sqft
        Source: SWVAR #73587 Report a problem
        1/6/2021Price change$209,000-0.4%$69/sqft
        Source: Kyle Realty, Inc. #73587 Report a problem
        9/12/2020Price change$209,900-2.3%$69/sqft
        Source: Kyle Realty, Inc. #73587 Report a problem
        7/2/2020Price change$214,900-2.3%$71/sqft
        Source: Kyle Realty, Inc. #73587 Report a problem
        3/24/2020Listed for sale$219,900$72/sqft
        Source: Kyle Realty, Inc. #73587 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,598 $173,700
        2024$1,598 +31.1%$173,700 +42.5%
        2023$1,219 $121,900
        2022$1,219 +8.7%$121,900
        2021$1,121 +40.4%$121,900 +15.2%
        2018$799 $105,800
        2017-- $105,800 -4.2%
        2016-- $110,400 +2.8%
        2013-- $107,400 -2.7%
        2012-- $110,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 24333

        Getting around

        67 / 100
        Somewhat Walkable
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Galax
        • Middle: Galax
        • High: Galax

        Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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