Investor's dream with massive upside potential. This 15-unit portfolio includes a renovated 1930s main home, 14 single-wide mobile homes, and a 3050 metal shop with 12' ceilings plus two 1224 attached sheds with office potential all on one parcel. Units range from 2/1 to 2/1.5 and are in various stages of condition, offering immediate renovation upside. Previously rented at $700/mo per mobile home and $1,500/mo for the main house. The shop and office space provide additional income potential. A high-flow artesian well serves all 15 units with metered billing at $25/mo for the first 1,500 gallons. Grandfathered septic system serves the full property. One unit sustained fire damage and will require removal/replacement. Additional capital investment required but stabilized rents at a 9-cap yield an ARV exceeding $1,100,000. Opportunities like this are rare. Schedule your showing today.
For sale
$429,900
5920 Farmville Rd, Farmville, VA 23901
13beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 102 days
- 306
- 28
Zillow last checked:
Listing updated:
Listed by:
Karl Miller 434-942-7009 karl@karlmillerteam.com,
Karl Miller Realty LLC 434-239-2394,
Mike Guess 434-258-3777,
New Leaf Real Estate LLC
Source: LMLS,MLS#: 367258
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
Heating
- Forced Warm Air-Oil, Heat Pump
Cooling
- Window Unit(s)
Appliances
- Included: Individual Water Heater, Unit 2(Range/Oven), Unit 3(Range/Oven)
- Laundry: Individual Laundry, Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup), Unit 3(Dryer Hookup, Washer Hookup)
Features
- Flooring: Carpet, Vinyl, Other
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: 2 Spaces/Unit, Guest, Off Street, Unpaved Drive
- Has uncovered spaces: Yes
Features
- Patio & porch: Unit 1(Balcony/Patio, Porch), Unit 2(Porch)
Lot
- Size: 2.82 Acres
Details
- Foundation area: 0
- Parcel number: 064A68
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Paneling, Other, Aluminum Siding, Vinyl Siding
Condition
- Year built: 1930
Utilities & green energy
- Electric: Dominion VA Power, Indiv Meter/Electric
- Sewer: Septic Tank
- Water: Well, Indiv Meter/Water
Community & HOA
Community
- Security: Unit 1 Smoke Alarm
Location
- Region: Farmville
Financial & listing details
- Tax assessed value: $251,300
- Annual tax amount: $1,526
- Date on market: 6/13/2026
- Lease term: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Listed for sale | $429,900+7.5% |
Source:  LMLS #367258 Report a problem | ||
| 3/11/2026 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 2/23/2026 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 1/26/2026 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 1/5/2026 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 12/27/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 11/28/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 9/7/2025 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 6/24/2025 | Listed for rent | $1,500+114.3% |
Source: Zillow Rentals Report a problem | ||
| 4/25/2025 | Listing removed | $700 |
Source: Zillow Rentals Report a problem | ||
| 3/16/2025 | Listed for rent | $700-53.3% |
Source: Zillow Rentals Report a problem | ||
| 10/29/2024 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/14/2024 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 3/12/2018 | Sold | $400,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,282 +8.5% | $251,300 |
| 2023 | $1,181 | $251,300 |
| 2022 | $1,181 | $251,300 |
| 2021 | $1,181 +2.9% | $251,300 +11.6% |
| 2020 | $1,148 | $225,100 |
| 2018 | $1,148 | $225,100 |
| 2017 | $1,148 +4.1% | $225,100 |
| 2016 | $1,103 | $225,100 |
| 2015 | $1,103 +25.2% | $225,100 +20.1% |
| 2014 | $881 +11.9% | $187,400 |
| 2013 | $787 | $187,400 |
| 2012 | $787 | $187,400 |
| 2011 | -- | $187,400 |
| 2010 | -- | $187,400 |
Find assessor info on the county website
Monthly payment
Est. payment
