201 E 5th St S Big Stone Gap, VA 24219
Estimated payment $871/month
Highlights
- No HOA
- 1-Story Property
- Heating Available
- Window Unit Cooling System
- Level Lot
About This Home
Exceptional multi-unit investment opportunity in a prime location! Welcome to 201 and 203 E 5th Street a cash-flowing property packed with potential and positioned just steps from the popular Greenbelt walking track, shopping, dining, and local amenities. This unique income-producing property currently generates approximately $2,000 per month and features: * Commercial storefront space with a long-term tenant in place
* Three 1-bedroom apartments
* One 2-bedroom apartment
* Additional large storage area with the potential to be converted into another income-producing unit One of the 1-bedroom apartments previously experienced fire damage that was isolated to that unit only and will require a full rehab, creating the perfect value-add opportunity for investors looking to increase rents and overall property value. With multiple income streams, expansion possibilities, and a highly convenient in-town location, this property is ideal for investors seeking strong upside potential. Whether you're looking to expand your rental portfolio, create additional units, or maximize commercial and residential income together, opportunities like this don't come around often. Endless possibilities await at 201 and 203 E 5th Street!
Listing Agent
Park Hill Realty Group, LLC License #0225262208,384142 Listed on: 05/12/2026
Property Details
Home Type
- Multi-Family
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 1-Story Property
Schools
- Union Elementary And Middle School
- Union High School
Utilities
- Window Unit Cooling System
- Heating Available
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 000218
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $786 | $113,900 | $45,000 | $68,900 |
| 2024 | $786 | $113,900 | $45,000 | $68,900 |
| 2023 | $786 | $113,900 | $45,000 | $68,900 |
| 2022 | $786 | $113,900 | $45,000 | $68,900 |
| 2021 | $786 | $113,900 | $45,000 | $68,900 |
| 2020 | $786 | $113,900 | $45,000 | $68,900 |
| 2019 | $786 | $113,900 | $45,000 | $68,900 |
| 2018 | $706 | $113,900 | $45,000 | $68,900 |
| 2017 | $664 | $113,900 | $45,000 | $68,900 |
| 2016 | $664 | $110,700 | $45,000 | $65,700 |
| 2015 | -- | $110,700 | $45,000 | $65,700 |
| 2010 | -- | $110,700 | $45,000 | $65,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2026 05/23/26 | Pending | -- | -- | -- |
| 05/12/2026 05/12/26 | For Sale | $149,000 | -- | -- |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9995231
APN: R000218
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.
- 308 Pearl Ave E
- Tbd Hamblen St S
- 620 Gilley Ave E
- 345 Hamblen St S
- 651 Shawnee Ave E
- 721 Taggart Ave
- 113 W 2nd St S
- 733 Taggart Ave
- 756 Shawnee Ave E
- 880 Gilley Ave E
- TBD Wallens Ridge Rd
- 623 6th Ave E
- 602 2nd Ave W
- 1606 Valley View Dr
- 1721 Valley View Dr
- 48 Laurel Ridge
- 1555 Hamner Hollow Rd
- 1769 Irondale Rd
- 2001 3rd Ave E
- 1509 Wildcat Rd
Ask me questions while you tour the home.