201 5th Street
Big Stone Gap, VA 24219
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Bed
0
Bath
0.20Acre(Lot)
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 increas
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 0.2 Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Size Square Feet: 8712
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Listing Price Information
Listing Price: $149000
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Tax Information
Parcel Number: 000218
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School Information
Elementary School: UnionJunior High School: UnionSenior High School: Union -
Location Information
Direction: From Gilley Ave and E 5th intersection. Turn right onto E 5th ST S. Property on left across from Freedom Chevrolet WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4009-4025 Inby Lane, Big Stone Gap, VA, 24219 | $485,000 | -- | -- | -- | |
| 2828 4th Avenue, Big Stone Gap, VA, 24219 | $279,900 | -- | -- | -- | |
| 207 Garland Loop, Big Stone Gap, VA, 24219 | $525,000 | -- | -- | -- | |
| 345 Hamblen Street, Big Stone Gap, VA, 24219 | $299,900 | -- | -- | -- |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.
ByOwner last updated this listing 06/08/2026 @ 04:37
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