308 Armory Road, Galax, VA 24333
Local realty services provided by:CENTURY 21 Prime Properties, Inc.
Listed by: christopher fox
Office: bhhs- mountain sky properties, wytheville
MLS#:112067
Source:VA_SWVAR
Price summary
- Price:$650,000
- Price per sq. ft.:$59.01
About this home
Excellent multifamily investment opportunity in a desirable Galax location! This 6-unit property is comprised of three duplex-style townhome buildings and offers established rental income with a solid rental history. Several longer-term tenants provide stability, while current rents offer potential for future growth as units turn over. The townhouse-style layout gives tenants a more residential feel than a traditional apartment complex, and all six units feature full basements, providing valuable additional space and storage. Select units have also received recent renovations, showcasing the potential for continued improvements and value enhancement throughout the property. Conveniently located just a short drive from downtown Galax and area amenities, this property offers an attractive combination of current income and long-term upside. Whether you're looking to expand an existing rental portfolio or acquire a substantial multifamily investment, these six units provide an excellent opportunity with room to increase income over time....
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Home facts
- Year built:1988
- Subdivision & Development:N/A
- Listing ID #:112067
- Added:11 day(s) ago
- Updated:October 07, 2026 at 03:21 PM
Rooms and interior
- Kitchen Description:Refrigerator
- Basement Description:Unfinished
- Living area:7,344 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1988
- Building area:7,344 sq. ft.
- Lot area:0.75 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Fence
Schools
- High school:Galax
- Middle school:Galax
- Elementary school:Galax
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$59.01
- Tax amount:$7,431 (2025)
Features and amenities
- Amenities:Newer Paint
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