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308 Armory Road, Galax, VA 24333

Galax
Local realty services provided by:CENTURY 21 Prime Properties, Inc.
308 Armory Road,Galax, VA 24333
$900,000
Virtual Tour
  • - Beds
  • - Baths
  • 9,792 sq. ft.
  • Multi-family
  • Active
Listed by: christopher fox
Office: bhhs- mountain sky properties, wytheville
MLS#:111693
Source:VA_SWVAR

Price summary

  • Price:$900,000
  • Price per sq. ft.:$61.27

About this home

Excellent investment opportunity in a desirable Galax location! This 8-unit complex is comprised of four duplex-style townhomes and offers strong gross rental income with a solid NOI. The property provides additional upside potential, with room for rent growth among several longer-term tenants. A couple of the units have been recently renovated, providing a great example of the potential for continued improvements throughout the complex. All eight units feature full basements, offering tenants valuable additional space and storage, while two units also include private garages. The property is conveniently located just a short drive from town, combining easy access to Galax amenities with an attractive residential setting. With established rental history, good current income, and opportunities to increase rents and further improve units over time, this property offers an appealing combination of immediate cash flow and long-term investment potential. A great opportunity to add a...

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Home facts

  • Year built:1988
  • Subdivision & Development:N/A
  • Listing ID #:111693
  • Added:10 day(s) ago
  • Updated:September 09, 2026 at 03:47 PM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Living area:9,792 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1988
  • Building area:9,792 sq. ft.
  • Lot area:1.3 Acres
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Paved Street

Schools

  • High school:Galax
  • Middle school:Galax
  • Elementary school:Galax

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$61.27
  • Tax amount:$9,788 (2025)

Parking

  • Parking description:Paved Street

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