Sold

1003 W Stuart Drive

Galax, VA 24333 · Nicholas Manor

Sold for $78,000

on Jan 12, 2026

  • 2,316sq ft
  • 0.89acres

Listed by Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv

About this home.

Investment opportunity in the City of Galax, VA! This multi-unit duplex offers excellent income potential with one apartment already leased at $450/month through government-assisted housing. The lower unit is occupied and income-producing, while the upper unit has been completely gutted and is ready for renovation. Offering a blank slate to design as you wish. Each unit has separate power meters, its own oil heat monitor, and is connected to public water and sewer. An additional 0.3-acre lot with road frontage is included, providing space for expansion or added value. Some framing has already been completed for an optional third unit, making this an ideal project for investors or owner-occupants looking to build equity. With strong rental potential and flexible layout options, this property is ready for your finishing touches and vision. Conveniently located near downtown Galax and area amenities. Don’t miss this opportunity to turn potential into profit! Make an Offer today!

Facts and features.

The home

Type
Multi-family (Duplex)
Levels
Two or more

Inside

Basement
Full, Laundry, Walk Out

Community

Subdivision
Nicholas Manor
County
Galax (city) County

The listing

Annual tax
$1,253 (2024, from the listing)
Source
New River Valley Association of REALTORS® MLS #425586

Price and status history.

61

days on market

62%

of the original asking price

DateEventPrice
Jan 12, 2026Sold$78,000
Oct 14, 2025Listed for sale$125,000

Price per square foot

This home$34
Regional multi-family median, 2026$132

Sale price per finished square foot, compared with the median of 11 multi-familys sold in the region in 2026. 74% below the median.

Location.

1003 W Stuart Drive, Galax, VA 24333

Listing information

Listing courtesy of Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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