201 E 5th St S
Big Stone Gap, VA 24219
5 Beds
5 Beds
Local Information
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Description
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!
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
24 days ago
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: 24 |
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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: Sat May 23 2026 |
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MLS Status: Active Under Contract |
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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 |
Last check for updates: about 1 hour ago
Listing courtesy of Robert Smith, (276) 870-7096
Park Hill Realty Group, LLC
Source: TVRMLS, MLS#9995231
Also Listed on TVRMLS.
Market trends in Big Stone Gap
Last updated April 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
31 1MoM
Price History for 201 E 5th St S
| Date | Price | Event | Source |
|---|---|---|---|
| 05/25/2026 | $149,000 | Pending | TVRMLS #9995231 |
| 05/12/2026 | $149,000 | Listed For Sale | TVRMLS #9995231 |
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Assigned Schools
These are the assigned schools for 201 E 5th St S.
- Eastside High School
- 9-12
- Public
- 390 Students
7/10GreatSchools RatingParent Rating AverageI like meatloaf from school. It tastes good. i eat meatloaf alot. meatloaf. meatloaf. meatloaf. meatloafParent Review15y ago - Coeburn Middle School
- 5-8
- Public
- 307 Students
6/10GreatSchools RatingParent Rating AverageN/AStudent Review17y ago - Coeburn Primary School
- PK-4
- Public
- 466 Students
9/10GreatSchools RatingParent Rating Averagemy boys go there and they love the school one just went to the 5 and i have to that go there know and they are in the 3 and we love all of themParent Review8y ago - Central High School
- 9-12
- Public
- 674 Students
9/10GreatSchools RatingParent Rating AverageThis school is very friendly and very educationalStudent Review8y ago - J.W. Adams Combined
- PK-8
- Public
- 504 Students
9/10GreatSchools RatingParent Rating AverageI have had two children complete JW Adams and I have one currently in JW Adams. This is one of the best elementary education schools in the area. My children are intelligent and we do work with them at home. The two children that completed JW Adams moved into high school at a very high level was actually able to start college classes in high school. Both have graduated highschool with an advanced degree. My youngest is following in the same pattern. I feel like the staff and teachers care about the individual students and make their best effort in their education. There are several parents bring their children from other school districts just to attend JW Adams.Parent Review12y ago - Union High School
- 9-12
- Public
- 601 Students
8/10GreatSchools RatingParent Rating AverageN/AStudent Review17y ago - Union Primary School
- PK-4
- Public
- 861 Students
8/10GreatSchools RatingParent Rating AverageOur children have had great experiences at Union Primary. The teachers and staff love our kids and work with us to make sure they enjoy school and are excited to be there.Parent Review1y ago - St. Paul Elementary School
- PK-8
- Public
- 469 Students
9/10GreatSchools RatingParent Rating AverageI'm a harsh critic and I expect a lot for my kids. I'll admit but being in the educational field I know what to look for and I'll tell you this. Absent the new change in regime SPE is a wonderful school. It's unfortunately losing it's magic quickly though because of bad decisions by the local Wise Co School Board in its decision to make this woman principal over a place she doesn't belong. Absent administration this school is minimum 4 stars all the way.Parent Review9y ago - L.F. Addington Middle School
- 5-8
- Public
- 451 Students
8/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Wise Primary School
- PK-4
- Public
- 607 Students
7/10GreatSchools RatingParent Rating AverageThe administration at this school has nothing better to do than report false allegations about parents who aren't friends of friends. If they are concerned about a student, they would rather call social services and pull little kids into the principle's office; asking them questions which have nothing to do with their health and well being. A bunch of busy body old hags with nothing better to do. How about talking with the parents? Novel concept I suppose.Parent Review7y ago - Powell Valley Middle School
- 5-8
- Public
- 583 Students
7/10GreatSchools RatingParent Rating AverageThis is an okay school. 5th grade is SUPER fun, but there aren't really clubs. 6th grade does have things like band or chorus, but it's not a grade you want to be in. 7th and 8th grade are both cool. I like how you get P.E. everyday and you can take certain classes, like woodshop or keyboarding. The library barely has books, lunch ladies are mean, some teachers yell at you. On the bottom line; Don't go into the 6th grade, just don't...Other Review11y ago 
Check out schools near 201 E 5th St S.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Robert Smith, Park Hill Realty Group, LLC
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.
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.