For sale

$325,000

524 Madison St, Danville, VA 24540

1beds

647sqft

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Single Family Residence

Built in 1920

6,969 Square Feet Lot

$-- Zestimate^®

$502/sqft

$-- HOA

What's special

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 R1000034367, R1000034369 & R1000034370. 530, 528, 525, 518 Madison Street sold together.

19 days

52

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Basement

Area: 0

Heating

Radiator, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: None
Laundry: Washer Hookup

Features

Flooring: Hardwood
Basement: None
Attic: None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 647
Total interior livable area: 647 sqft
Finished area above ground: 647
Finished area below ground: 0

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: 04809
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: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: N/A

Location

Region: Danville

Financial & listing details

Price per square foot: $502/sqft
Tax assessed value: $14,600
Annual tax amount: $122
Date on market: 6/23/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/23/2026	Listed for sale	$325,000+513.2%$502/sqft
Source: Dan River Region AOR #78934 Report a problem
1/20/2006	Sold	$53,000$82/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$121	$14,600
2024	$121 +48.7%	$14,600 +50.5%
2023	$81	$9,700
2022	$81	$9,700
2021	$81	$9,700
2020	$81 -1%	$9,700 -1%
2019	$82 +5%	$9,800
2018	$78 -5.8%	$9,800 -5.8%
2017	$83 +9.6%	$10,400
2016	$76 -1%	$10,400 -1%
2015	$77	$10,500
2014	$77 -4.5%	$10,500
2013	$80	--
2012	$80 -9.8%	--
2011	$89	--
2009	--	--

Find assessor info on the county website

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.

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Climate risks

Neighborhood: 24540

Getting around

31 / 100

Car-Dependent

13 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Woodberry Hills Elementary School
Grades: K-5Distance: 0.9 mi
3/10
Westwood Middle School
Grades: 6-8Distance: 1 mi
2/10
George Washington High School
Grades: 9-12Distance: 1.5 mi

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.