307/309 Calhoun Street Active Save Request In-Person Tour Request Virtual Tour
Galax,VA 24333
Key Details
Property Type Multi-Family
Sub Type Multi-Family Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,123 sqft
Price per Sqft $117
MLS Listing ID 100086
Style Vinyl Siding
Year Built 1914
Tax Year 2025
Lot Size 0.300 Acres
Property Sub-Type Multi-Family Other
Property Description
Don't miss this unique investment opportunity located just minutes from the heart of downtown Galax, Virginia. This versatile package includes two income-producing homes on one lot, offering excellent potential for rental income, multi-generational living, or future resale value. The first home is a charming 1-bedroom, 1-bathroom cottage with 666 sq ft - perfect as a long-term rental, guest suite, or Airbnb unit. It features beautiful hardwood floors, main-level living, and is currently occupied by a great long-term renter, offering immediate income for the next owner. The second property is a spacious 4-bedroom, 1-bathroom home with 1,457 sq ft, a traditional layout, and plenty of living space—ideal for a larger family or high-yield rental. It has been recently remodeled with fresh interior paint, newly stained decks, replacement windows, and showcases hardwood flooring throughout the main living areas. Main rooms are located on the first level for added convenience, and the home includes a carport for covered parking. The lot also features a nice level yard, adding to the property's overall usability and curb appeal. Located just minutes from downtown Galax, tenants or owners will enjoy easy access to local shops, restaurants, the New River Trail, and community events. Galax is known for its welcoming atmosphere, music heritage, and scenic surroundings - making it a smart and appealing place to invest. Whether you're a seasoned investor or just getting started, this property offers strong rental potential, thoughtful updates, and lasting value in a prime location.
Location
State VA
County Galax
Area City Of Galax - Out Of County
Zoning R2
Direction Beginning on I-77 N in Hillsville, take exit 14 onto US-221, then turn left onto Carrollton Pike. Continue straight onto E Stuart Drive in Galax, then turn left onto W Stuart Drive. Turn left onto Calhoun Street and the properties will be on the right.
Rooms
Basement Crawl Space,Partial Basement,Unfinished
Interior
Interior Features Ceiling Fan(s),Dry Wall,Newer Paint,Wood Floors
Hot Water Electric
Heating Baseboard,Oil
Cooling None
Fireplaces Type None
Equipment Range/Oven,Refrigerator
Window Features Insulated
Appliance Range/Oven,Refrigerator
Heat Source Baseboard,Oil
Laundry Main Level
Exterior
Exterior Feature Vinyl Siding
Garage Description 590
Waterfront Description None
View None
Roof Type Metal
Building
Building Description Vinyl Siding, Vinyl Siding
Faces Beginning on I-77 N in Hillsville, take exit 14 onto US-221, then turn left onto Carrollton Pike. Continue straight onto E Stuart Drive in Galax, then turn left onto W Stuart Drive. Turn left onto Calhoun Street and the properties will be on the right.
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Galax
Middle Schools Galax
High Schools Galax
Others
SqFt Source Land Card
Virtual Tour https://tour.usamls.net/307309-Calhoun-Street-Galax-VA-24333/unbranded