For sale

Price cut: $16K (7/31)

$144,000

407 Industrial Ave, Danville, VA 24541

2beds

2baths

584sqft

$945/mo

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Duplex

Built in 1940

-- sqft lot

$-- Zestimate^®

$247/sqft

$-- HOA

What's special

Duplex at the corner of Industrial Ave & Goodyear Blvd. There are 2 units side by side. Both units are 1 bedroom, 1 bathroom, kitchen, living room and have their own electric meter. There are also replacement windows. This investment property is income producing now but the land has the potential to have a commercial usage. This property has great future potential.

387 days

91

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Zoned, Electric

Cooling

Window Unit(s)

Appliances

Included: Efficiency Unit(Refrigerator, Range), One Bedroom Unit(Refrigerator, Range)

Features

Flooring: Wall/Wall Carpet, Tile, Laminate

Interior area

Total structure area: 584
Total interior livable area: 584 sqft

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Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Levels: One

Lot

Size: 3,484 Square Feet

Details

Parcel number: 25551
Zoning: HRC

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl Siding
Roof: Metal

Condition

75 Plus Years Old
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: No

Location

Region: Danville

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $8,800
Annual tax amount: $58
Date on market: 7/11/2025
Lease term: Month To Month
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/31/2026	Price change	$144,000-10%$247/sqft
Source: Dan River Region AOR #74534 Report a problem
7/11/2025	Listed for sale	$160,000+595.7%$274/sqft
Source: Dan River Region AOR #74534 Report a problem
7/1/2021	Sold	$23,000$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$73	$8,800
2024	$73 -28.1%	$8,800 -27.3%
2023	$102	$12,100
2022	$102 -1.6%	$12,100 -1.6%
2021	$103	$12,300
2020	$103 +2.5%	$12,300 +2.5%
2019	$101 +5%	$12,000
2018	$96 -16.1%	$12,000 -16.1%
2017	$114	$14,300
2016	$114 +1.8%	$14,300 -7.1%
2015	$112	$15,400
2014	$112 -1.3%	$15,400
2013	$114	--
2012	$114 -1.9%	--
2011	$116	--
2009	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 24541

Getting around

29 / 100

Car-Dependent

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

1/10
E. A. Gibson Elementary School
Grades: K-5Distance: 1.2 mi
3/10
Westwood Middle School
Grades: 6-8Distance: 2 mi
2/10
George Washington High School
Grades: 9-12Distance: 1.7 mi

Schools provided by the listing agent

Elementary: Gibson
Middle: Westwood
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.