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201 S 5th Street
Big Stone Gap VA 24219 US

$149,000

Active Listing ID 9995231
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5 bed
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Lot: 0.20 Acres
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Other

$149,000

Active Listing ID 9995231
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201 S 5th Street 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!

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s)
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Union(Elementary)
  • Union(MiddleSchool)
  • Union(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 149000
  • unparsedaddress: 201 S 5th Street
  • postalcity: Big Stone Gap
  • stateorprovince: VA
  • country: US
  • postalcode: 24219
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 36.86569
  • longitude: -82.773087
  • listagentfullname: Robert Smith
  • listagentemail: kelly_indian7@yahoo.com
  • listagentkey: 3yd-TVARMLS-33982
  • listagentmlsid: 33982
  • listagentpreferredphone: 2768707096
  • listagentofficephone: 2768707096
  • listofficekey: 3yd-TVARMLS-1212
  • listagentstatelicense: 0225262208, 384142
  • listofficemlsid: 1212
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • listingcontractdate: 2026-05-11
  • listagenturl: https://www.ParkHillRealtors.com
  • countyorparish: Wise
  • parcelnumber: 000218
  • elementaryschool: Union
  • highschool: Union
  • cooling: Window Unit(s)
  • constructionmaterials: Vinyl Siding
  • heating: Electric (Heating)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.77309, 36.86569
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Park Hill Realty Group LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kelly_indian7@yahoo.com", "ListBrokerageCity":"KINGSPORT", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jdcoon2002@yahoo.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TVARMLS/2a39c5a1ccbb11e8a3c30242ac11000a/20181022153513027.png", "ListBrokerageName":"Park Hill Realty Group LLC", "ListBrokeragePhone":"(423) 530-5224", "ListBrokeragePostalCode":"37660", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"110 EAST MAIN ST", "ListBrokerageWebsiteUrl":"https://www.ParkHillRealtors.com", "ListOfficeAddress1":"208 Cherokee Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1212", "ListOfficeCity":"Kingsport", "ListOfficeCountry":"US", "ListOfficeEmail":"jdcoon2002@yahoo.com", "ListOfficePostalCode":"37660", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Big Stone Gap, VA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/201-S-5th-St_Big-Stone-Gap_VA_24219_M97087-01399?f=listhub&s=TVARMLS&m=9995231&c=rexren", "MLSModificationTimestamp":"2026-05-12 01:36:51", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":786, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/12/2026 1:52:25 AM GMT
Source Updated Date: 5/12/2026 6:41:10 PM GMT

Courtesy of: Robert Smith, Park Hill Realty Group, LLC, kelly_indian7@yahoo.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.