Investor SPECIAL! Don't miss this rare opportunity to own 4 income producing properties on Madison Street, all conveniently located next to each other on the same street. This investment package includes 1 two-bedroom home and 3 one-bedroom homes, ,making it an excellent addition to any investment portfolio. With long-term tenants already in place, you'll benefit from immediate rental income and strong investment potential. Whether you're looking to expand your current portfolio or begin building one, you don't want to miss out on this opportunity. Schedule your showing today and see all that these properties have to offer. This property is only being sold as a package bundle with MLS #'s R1000034368, R1000034369 & R1000034370. 530, 528, 524 & 518 Madison Street sold together.
For sale
Price cut: $5K (9/1)
$320,000
518 Madison St, Danville, VA 24540
2beds
978sqft
Single Family Residence
Built in 1940
6,969 Square Feet Lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
- 74 days
- 115
- 3
Zillow last checked:
Listing updated:
Listed by:
Ashley Wilson 434-429-2140,
WILKINS & CO., REALTORS, INC. 434-797-4007
Source: Dan River Region AOR,MLS#: 78935
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Gas/Oil Pack, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: None
- Laundry: Washer Hookup
Features
- Flooring: Hardwood
- Basement: None
- Attic: No Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 978
- Total interior livable area: 978 sqft
- Finished area above ground: 978
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: One
- Patio & porch: Stoop, Covered
Lot
- Size: 6,969 Square Feet
- Features: Less than 1 acre
Details
- Parcel number: 03695
- Zoning: UR URBAN RESIDENTIAL
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- 75 Plus Years Old
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: N/A
Location
- Region: Danville
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $15,200
- Annual tax amount: $126
- Date on market: 6/23/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $320,000-1.5%$327/sqft |
Source:  Dan River Region AOR #78935 Report a problem | ||
| 6/23/2026 | Listed for sale | $325,000+513.2%$332/sqft |
Source: Dan River Region AOR #78935 Report a problem | ||
| 1/20/2006 | Sold | $53,000$54/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $126 | $15,200 |
| 2024 | $126 +22.1% | $15,200 +23.6% |
| 2023 | $103 | $12,300 |
| 2022 | $103 +1.7% | $12,300 +1.7% |
| 2021 | $102 | $12,100 |
| 2020 | $102 -1.6% | $12,100 -1.6% |
| 2019 | $103 +5% | $12,300 |
| 2018 | $98 -9.6% | $12,300 -9.6% |
| 2017 | $109 +9.6% | $13,600 |
| 2016 | $99 -0.7% | $13,600 -0.7% |
| 2015 | $100 | $13,700 |
| 2014 | $100 -2.1% | $13,700 |
| 2013 | $102 | -- |
| 2012 | $102 -0.7% | -- |
| 2011 | $103 | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 24540
Nearby schools
Schools provided by the listing agent
- Elementary: Woodberry Hills
- 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.
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