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Off market
  • Tax assessed value
    $81,400

    1098 Walnut St, Grundy, VA 24614

    2beds
    1,000sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $959 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $959/mo

    Zestimate® history
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    $374/mo

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    What's special

    Dedicated heat pumpUpdated with new appliancesIn-unit washer and dryer

    Fully Renovated 2023 Two-Family – Directly Across from Law School | Turnkey Investment Exceptional opportunity to own a fully renovated (2023) two-family property in the heart of Grundy, Virginia, located directly across the street from the law school with true walk-to-campus convenience and built-in rental demand. The property features two separate 1-bedroom, 1-bath apartments, each updated with new appliances, in-unit washer and dryer, and its own dedicated heat pump, allowing tenants to control their own utilities while keeping owner operating costs low. Both units are currently rented at $1,200 per month each, generating $2,400 in monthly income ($28,800 annually). The 2023 renovation makes this a turnkey, low-maintenance investment with minimal deferred capital needs. This property also presents a strong owner-occupant opportunity—live in one unit while the other helps offset your mortgage, or rent both units for maximum cash flow. The campus-adjacent location, modern upgrades, and independent utilities make this an attractive and flexible asset for investors and homeowners alike. A rare chance to acquire a campus-side duplex offering immediate income, efficient operations, and long-term upside.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 2HH181200ENLGA

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Grundy

    Price history

    DateEventPrice
    4/5/2026Listing removed--
    Source: Owner Report a problem
    1/5/2026Listed for sale$320,000$320/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$317 $81,400
    2024$317 $81,400
    2023$317 $81,400
    2022$317 $81,400
    2021$317 -6.1%$81,400 -6.1%
    2020$338 $86,700
    2019$338 $86,700
    2017$338 $86,700
    2016$338 $86,700 +49%
    2015-- $58,200
    2011-- $58,200

    Find assessor info on the county website

    Neighborhood: 24614

    Nearby schools

    GreatSchools rating
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