Sold for $130,000

$130,000

1017 Graves St, Martinsville, VA 24112

--beds

--baths

2,012sqft

Multi Family

Built in 1949

-- sqft lot

$119,900 Zestimate^®

$65/sqft

$766 Estimated rent

Home value

$119,900

$100,000 - $141,000

$766/mo

Zestimate^® history

Owner options

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$766/mo

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$766/mo

Rent Zestimate^®

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$813/mo

Est. payment

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$813/mo

Est. payment

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What's special

Versatile dining roomBrand-new carpetEfficient mini splitsSpacious upper unitThree bedroomsBeautiful hardwood floorsNew appliances

Don't miss this well-maintained gem! This charming duplex features a spacious upper unit that's 11/2 stories with three bedrooms and a versatile dining room--complete with a closet, it could easily serve as a fourth bedroom. Enjoy beautiful hardwood floors, plus brand-new carpet on the stairs leading to the second level. Upstairs bedrooms are equipped with efficient mini splits for year-round comfort, and the unit includes new appliances. The lower unit is a cozy 1-bedroom, 1-bath with a living room and kitchen, currently rented for $600/month. The upper unit is move-in ready and perfect for an owner-occupant or an investor looking to maximize rental income.

Facts & features

Interior

Heating

Heat Pump Electric, Other - See Remarks

Cooling

Heat Pump Electric, Other - See Remarks

Features

Has basement: Yes

Interior area

Total structure area: 2,012
Total interior livable area: 2,012 sqft

Property

Parking

Total spaces: 3
Parking features: Private (1 - 9)

Lot

Size: 9,147 Square Feet

Details

Parcel number: 51(03)00/40,41
Zoning: R-C

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl

Condition

Completed
Year built: 1949

Utilities & green energy

Electric: 0 Phase
Sewer: Public Sewer

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Martinsville

Financial & listing details

Price per square foot: $65/sqft
Tax assessed value: $85,900
Annual tax amount: $892
Date on market: 5/21/2025
Tenant pays: Electricity

Price history

Date	Event	Price
7/8/2025	Sold	$130,000-6.5%$65/sqft
Source: RVAR #917492 Report a problem
6/1/2025	Pending sale	$139,000$69/sqft
Source: RVAR #917492 Report a problem
5/21/2025	Listed for sale	$139,000+239%$69/sqft
Source: MVMLS #144876 Report a problem
5/29/2014	Sold	$41,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$647 +63.4%	$85,900 +114.8%
2024	$396	$40,000
2023	$396 -4.8%	$40,000
2022	$416	$40,000
2021	$416 -2.1%	$40,000
2020	$425	$40,000
2019	--	$40,000
2018	$425	$40,000
2017	$425	$40,000
2016	$425	$40,000
2015	$425	$40,000
2014	$425	$40,000