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Sold for $255,000
  • $255,000

    1325 N Main St, Danville, VA 24540

    1beds
    6baths
    3,392sqft
    Attached Units
    Built in ----
    -- sqft lot
    $179,700 Zestimate®
    $75/sqft
    $1,357 Estimated rent

    Home value

    $179,700

    $133,000 - $234,000

    $1,357/mo

    Zestimate® history
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    $1,357/mo

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    $1,504/mo

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    What's special

    Rare opportunity to own a 6-PLEX MULTIFAMILY HOME with income producing tenants in place, earning you $3050/mo gross! All units tenant occupied w/ no repairs needed. 1 unit is 1BR/1BA apt, & 5 units are 1BR/1BA efficiencies. All have private entrances & have been approved by Danville rental inspector. Community laundry in the rear of home w/ tenant shared schedule. Private driveway leads to fenced-in large parking area allows for 1 car per unit (6 cars total), & has GIANT storage building for landlord or could be leased to tenants at additional charge. Metal roof, peaceful front porch to relax & unwind watching the bustling city activities unfold. Units are separately metered for electric and gas, landlord pays average $200/mo in collective water. Convenient bus route right outside

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Fain 434-822-3334,

    JEFF DAVIS & ASSOCIATES, LLC

    Bought with:

    Marjorie Barr, 0225199659

    EXP Realty LLC

    Source: Dan River Region AOR,MLS#: 69168MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 6
    Heating
    • Wall Furnace, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Efficiency Unit(Refrigerator, Range), One Bedroom Unit(Refrigerator, Range)
    • Laundry: Efficiency Unit(W/D Connection), One Bedroom Unit(W/D Connection), Common Laundry Facilities
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 3,392
    • Total interior livable area: 3,392 sqft

    Property

    Parking
    • Parking features: One Car/Unit, Parking Lot
    Features
    • Levels: Two
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 00172
    • Zoning: OTR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Attached Units
    Materials
    • Vinyl Siding
    • Roof: Metal
    Condition
    • 75 Plus Years Old
    • New construction: No
    • Year built: 0

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Danville

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $44,800
    • Annual tax amount: $239
    • Date on market: 12/19/2023
    • Lease term: Month To Month
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/19/2024Sold$255,000-15%$75/sqft
    Source: Dan River Region AOR #69168 Report a problem
    12/19/2023Listed for sale$299,900+837.2%$88/sqft
    Source: Dan River Region AOR #69168 Report a problem
    2/27/2020Sold$32,000-13.5%$9/sqft
    Source: Public Record Report a problem
    11/19/2019Price change$37,000-35.1%$11/sqft
    Source: TRICOR REAL ESTATE LLC #60187 Report a problem
    10/9/2019Listed for sale$57,000+15.2%$17/sqft
    Source: TRICOR REAL ESTATE LLC #60187 Report a problem
    8/17/2017Sold$49,500-33.9%$15/sqft
    Source: Public Record Report a problem
    3/11/2016Listing removed$74,900$22/sqft
    Source: WILKINS & CO., REALTORS, INC. #53085 Report a problem
    2/11/2016Listed for sale$74,900$22/sqft
    Source: WILKINS & CO., REALTORS, INC. #53085 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$372 $44,800
    2024$372 +48%$44,800 +49.8%
    2023$251 $29,900
    2022$251 -5.1%$29,900 -5.1%
    2021$265 $31,500
    2020$265 +4.3%$31,500 +4.3%
    2019$254 +5%$30,200
    2018$242 -1%$30,200 -1%
    2017$244 +9.6%$30,500
    2016$223 +1.7%$30,500 +1.7%
    2015$219 +57.1%$30,000 +57.1%
    2014$139 -2.1%$19,100
    2013$142 --
    2012$142 -0.5%--
    2011$143 --
    2009-- --
    Find assessor info on the county website

    Neighborhood: 24540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnson
    • Middle: Bonner
    • High: Gwhs

    Source: Dan River Region AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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