308 Armory Road, Galax, VA

Name: 308 Armory Road, For Sale in Galax - Zoocasa
Brand: BHHS- Mountain Sky Properties, Wytheville
SKU: 111693
Price: 900000 USD

House

For Sale

Listed price in listed location currency (USD).

$900,000

1620

MLS® 111693

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 9792 sqft

Garage

Taxes $9,788

Days Active 0

Lot Size 1.3 Acres

Approx. Age 1988

Avg. Price Per Sqft $91

MLS® Number 111693

Property Address: 308 Armory Road, Galax, VA, 24333

Average square foot calculated using Size range provided by listing agent.

Description

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 substantial multifamily asset to your portfolio!

MLS® Number111693

Laundry LevelMain

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1988

BasementFull

DrivewayConcrete, Paved

Garage Spaces

HeatHeat Pump

A/CCentral Air

Extras

Rooms

Change to metres

Basement:Not available

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice

2026 AODA Compliance Report
Feedback can be submitted through our standard communication channels such as our internal chat platform, email, phone etc., and accommodations are available upon request. Zoocasa reviews all feedback received, acknowledges concerns, and works to respond in a timely manner. Feedback is assessed and addressed appropriately to support continuous improvement of our services and accessibility practices.