Sold
Last Sold Price
2,407 sqft
511 Fries Rd, Galax, VA 24333
Multi FamilyProperty Type
0.5 acresLot Size
1942Year Built
$66/sq ftPrice per sq ft

Description

Investment property in the City of Galax. Triplex with good cash flow.Investment property in the City of Galax. Triplex with good cash flow.
  • Listed by: James Williams 276.233.7255 drwilliams94@aol.com Brokerage DRE #0226022269 • Property Management Solutions of VA
Listing closed: 09/05/2024 12:00 AM • Source: Southwest Virginia AOR, MLS#: 93623

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Location

Listing Courtesy of Property Management Solutions of VA, James Williams

Sold By Property Management Solutions of VA, James Williams

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Payment Calculator

$947 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$93

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 Fries Road

Property Details
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Yates
  • Zoning Description: R2
Building Information
  • Residences: 3
  • Year Built: 1942
  • Lot Size: 0.50 AC / 21,780 SF
Summary
Location and General Information
  • Directions: Traveling west on 58, take a right on Fries Rd. and the house is 1/2 mile on the left.
  • Latitude: 36.665132
  • Longitude: -80.934189
Taxes and HOA
  • Parcel Number: 44-32
  • Tax Lot: Lots 1 and 2
  • Tax Year: 2023
School Information
  • Elementary School: Galax
  • High School: Galax
  • Middle Or Junior School: Galax
Parking
  • Parking Features: Gravel
Property
Lot Information
  • Lot Size Acres: 0.5
  • Lot Size Dimensions: 125' x 150'
Property and Assessments
  • Below Grade Finished Area: 792.0
  • Building Area Total: 2407.0
  • Living Area: 2407.0
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1942
Building Features
  • Construction Materials: Block, Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
Farm Information
  • Horse: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: Block, Full, Partially Finished
  • Has Basement: Yes
  • Has Cooling: No
  • Heating: Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl
  • Laundry Features: Main Level
  • Has Spa: No
  • Water Heater: Electric
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $21,840
  • Net Operating Income: $14,500

Property History for 511 Fries Road

DateEvent & SourcePriceAppreciation
Sep 5, 2024

Sold

Southwest Virginia AOR #93623

$160,000—
Aug 26, 2024

Sold (Public Record)

Public Record #1540703389

$160,000—
Jun 21, 2024

Pending

Southwest Virginia AOR #93623

—
DateEvent & SourcePrice
09/05/2024

Sold

Southwest Virginia AOR #93623

$160,000
08/26/2024

Sold (Public Record)

Public Record #1540703389

$160,000
06/21/2024

Pending

Southwest Virginia AOR #93623

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Fries Road

Taxable ValueLand$14,000Additions$107,100Total$121,100
Tax Record2026$1,114 ($93 / month)
Home Facts
Baths11Total Finished SqFt2,407 SqFtAbove Grade Finished SqFt2,407 SqFtStories1Lot Size12,502 SqFtStyleTriplexYear Built1942Year Renovated1942ZoningR2CountyGALAX CITYAPN44- 32

Schools near 511 Fries Road

This home is within Galax City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 3 to 12
Rating
School
Distance
Galax Elementary School
PublicPK to 5

Galax Middle School
Public6 to 8

Galax High School
Public9 to 12

Landmark Baptist Academy
Private3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Property Management Solutions of VA, James Williams

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Virginia Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Virginia Association of REALTORS®. All Rights Reserved.