Prime investor opportunity! This duplex is a diamond in the rough, offering major upside potential with a value-add renovation. Currently priced below market, it's perfect for investors looking to force appreciation and boost cash flow. Strong rental demand in the area ensures high returns once updated. Bring your contractor and turn this into a high-performing asset—ideal for building long-term wealth!
Sold for $58,000
$58,000
324 E Thomas St, Danville, VA 24540
4beds
4baths
2,464sqft
Condominium, Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$24/sqft
$1,080 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,080/mo
Zestimate® history
Owner options
List your home for rent
$1,080/mo
Rent Zestimate®
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$1,080/mo
Rent Zestimate®
Refinance and save
$278/mo
Est. payment
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$278/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ivy Stewart membership@therealbrokerage.com,
Real Broker LLC
Bought with:
NON MLS USER MLS
NON MLS OFFICE
Source: CVRMLS,MLS#: 2519781
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Laminate Counters
- Basement: Other
- Attic: None
Interior area
- Total interior livable area: 2,464 sqft
- Finished area below ground: 1,232
Property
Parking
- Parking features: No Garage, None
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Size: 3,624 Square Feet
- Features: Level
Details
- Parcel number: 02992
- Zoning description: OTR
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Low Rise
- Property subtype: Condominium, Multi Family
Materials
- Drywall, Other, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Danville
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $14,700
- Annual tax amount: $122
- Date on market: 8/31/2025
- Ownership: Other
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $58,000-17.1%$24/sqft |
Source:  CVRMLS #2519781 Report a problem | ||
| 7/25/2025 | Pending sale | $70,000$28/sqft |
Source: CVRMLS #2519781 Report a problem | ||
| 7/15/2025 | Listed for sale | $70,000+677.8%$28/sqft |
Source: CVRMLS #2519781 Report a problem | ||
| 3/13/2018 | Sold | $9,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $122 0% | $14,700 |
| 2024 | $122 +19.1% | $14,700 +20.5% |
| 2023 | $102 | $12,200 |
| 2022 | $102 -5.4% | $12,200 -5.4% |
| 2021 | $108 | $12,900 |
| 2020 | $108 -3% | $12,900 -3% |
| 2019 | $112 +110% | $13,300 |
| 2018 | $53 -4.3% | $13,300 -4.3% |
| 2017 | $56 | $13,900 |
| 2016 | $56 -44.4% | $13,900 +1.5% |
| 2015 | $100 | $13,700 |
| 2014 | $100 +7% | $13,700 |
| 2013 | $93 | -- |
| 2012 | $93 -20.5% | -- |
| 2011 | $118 | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 24540
Nearby homes
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- $1,7001 bd1 ba869 sqft327 E Thomas St, Danville, VA 24540Sold
Nearby schools
GreatSchools rating
- 3/10Woodberry Hills Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10George Washington High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Westwood
- High: George Washington
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Danville City
- Danville
- 24540
- 324 E Thomas St
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