Home Highlights
Multi-Family
Local Information
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About this House
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!
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!
Last check for updates: about 11 hours ago
Listing courtesy of Robert Smith, (276) 870-7096
Park Hill Realty Group, LLC, (423) 530-5224
Source: TVRMLS, MLS#9995231
Also Listed on TVRMLS.
Home Details for 201 E 5th St S
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Beds & Baths Number of Bedrooms: 5 |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View No View |
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Surface & Elevation Topography: Level |
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Days on Market: 132 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Other |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 000218 |
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Price List Price: $149,000 |
Status Change & Dates Off Market Date: Fri Aug 14 2026 |
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MLS Status: Pending |
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Direction & Address City: Big Stone Gap |
School Information Elementary School: UnionJr High / Middle School: UnionHigh School: Union |
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Listing Agent Listing ID: 9995231 |
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No HOA |
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Lot Area: 8712 sqft |
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Mls Number: 9995231 |
Around this home
What Locals Say about Big Stone Gap
At least 8 Trulia users voted on each feature.
92 % Say yards are well-kept
88 % Say it's quiet
85 % Say parking is easy
82 % Say car is needed
75 % Say kids play outside
54 % Say it's walkable to restaurants
50 % Say there's holiday spirit
46 % Say people would walk alone at night
44 % Say they plan to stay for at least 5 years
39 % Say neighbors are friendly
38 % Say there are community events
33 % Say streets are well-lit
30 % Say there's wildlife
25 % Say it's walkable to grocery stores
25 % Say it's dog friendly
17 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Big Stone Gap
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
39
7MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.77 | Multi-Family Home | $108,000 | 06/24/26 | 9 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $110,900 | 5 | - | - | Off Market | |
0.07 | $80,100 | 2 | 1 | 912 | Off Market | |
0.07 | $699,000 | 5 | 3.5 | 4,700 | For Sale | |
0.13 | $176,100 | 5 | 3 | 2,720 | Off Market | |
0.15 | $112,400 | 3 | 1 | 1,200 | Off Market | |
0.15 | $133,800 | 4 | 2 | 1,200 | Off Market | |
0.17 | $99,900 | 4 | 2 | 1,955 | Recently Sold | |
0.21 | $229,900 | 4 | 3 | 2,324 | For Sale | |
0.20 | $55,000 | 2 | 2 | 1,489 | Recently Sold | |
0.19 | $210,500 | 2 | 1 | 1,257 | Off Market | |
0.18 | $156,400 | 4 | 1 | 1,485 | Off Market | |
0.21 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2026 Source: TVRMLS #9995231 | Pending | $149,000 |
Jul 17, 2026 Source: TVRMLS #9995231 | PendingToActive | $149,000 |
May 25, 2026 Source: TVRMLS #9995231 | Pending | $149,000 |
May 12, 2026 Source: TVRMLS #9995231 | Listed For Sale | $149,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Robert Smith, Park Hill Realty Group, LLC, (423) 530-5224
Agent Phone: (276) 870-7096
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.
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Frequently asked questions about 201 E 5th St S
- What is the estimated monthly payment for 201 E 5th St S?Based on a $149,000 list price with 20% down at today's rates, the estimated monthly payment for 201 E 5th St S in Big Stone Gap, VA is approximately $956 (about $811 principal & interest, $70 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Big Stone Gap?Residents describe Big Stone Gap, VA as well-kept, quiet, and easy to park in. Most residents say you need a car. See homes for sale in Big Stone Gap, VA.
- What are the closest schools to 201 E 5th St S?The closest schools to 201 E 5th St S in Big Stone Gap, VA are Central High School (rated 9/10), Coeburn Middle School (Elementary, rated 9/10), Coeburn Primary School (Pre-K, rated 10/10).
- Does 201 E 5th St S have air conditioning?Yes, 201 E 5th St S in Big Stone Gap, VA has air conditioning.
201 E 5th St S, Big Stone Gap, VA 24219 is a 5 bedroom multi-family. This property is currently available for sale and was listed by TVRMLS on May 12, 2026. The MLS # for this home is MLS# 9995231.

