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For sale
  • Price cut: $25.1K (6/5)
    $399,900

    201 S Main St, Gretna, VA 24557

    --beds
    10,004sqft
    : 
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    Multi Family
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $40/sqft
    $-- HOA

    What's special

    Separate heat pumpInsulated windowsCentral airOil heatCentral air and heat
    Investment opportunity! This two-story property features a retail space on the ground level and seven residential units on the second floor. The residential units consist of six efficiency apartments and one 1-bedroom unit. Each unit is equipped with ranges, refrigerators, and insulated windows. Tenants enjoy the comfort of central air and heat, provided by separate heat pump. The main-level retail space, while currently vacant, offers a lease potential of $1,500.00 to $2,500.00 per month. It has oil heat and central air. Owner covers insurance, electricity for common areas, exterior maintenance, water/sewer, and property taxes. Showings for one apartment unit and the street-level retail space can be scheduled prior to contract signing. The remaining six residential units will be shown post-contract, with buyer approval required at the time of any inspections. Don't miss this unique opportunity to own a mixed-use property with great rental income potential!
    242 days
    |
    101
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Dawson 434-841-0890 robertdawsonrealtor@outlook.com,

    BHHS Dawson Ford Garbee

    Source: LMLS,MLS#: 362917MLS LogoOriginating MLS: Lynchburg Board of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Forced Warm Air-Oil, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Electric Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator), Unit 5(Range/Oven, Refrigerator), Unit 6(Range/Oven, Refrigerator)
      • Laundry: Individual Laundry
      Features
      • Flooring: Carpet, Vinyl
      • Has fireplace: Yes
      Interior area
      • Total structure area: 10,004
      • Total interior livable area: 10,004 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.26 Acres
      Details
      • Foundation area: 0
      • Parcel number: 2530163949

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Drywall, Paneling, Block, Brick, Vinyl Siding
      Condition
      • Year built: 2004

      Utilities & green energy

      • Electric: Indiv Meter/Electric
      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Features: Shopping Nearby
      • Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm, Unit 3 Smoke Alarm, Unit 4 Smoke Alarm, Unit 5 Smoke Alarm, Unit 6 Smoke Alarm
      Location
      • Region: Gretna

      Financial & listing details

      • Price per square foot: $40/sqft
      • Annual tax amount: $2,498
      • Date on market: 11/4/2025
      • Cumulative days on market: 243 days
      • Lease term: 12 Months

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Price change$399,900-5.9%$40/sqft
        Source: LMLS #362917 Report a problem
        11/4/2025Listed for sale$425,000$42/sqft
        Source: LMLS #362917 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 24557

        Getting around

        47 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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