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For sale
  • $429,900

    5920 Farmville Rd, Farmville, VA 23901

    13beds
    --sqft
    : 
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    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    8 days
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    353
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    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Karl Miller 434-942-7009 karl@karlmillerteam.com,

    Karl Miller Realty LLC,

    Mike Guess 434-258-3777,

    New Leaf Real Estate LLC

    Source: LMLS,MLS#: 367258MLS LogoOriginating MLS: Lynchburg Board of Realtors

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      Facts & 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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/13/2026Listed for sale$429,900+7.5%
        Source: LMLS #367258 Report a problem
        3/11/2026Listing removed$1,500
        Source: Zillow Rentals Report a problem
        2/23/2026Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        1/26/2026Listing removed$1,500
        Source: Zillow Rentals Report a problem
        1/5/2026Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        12/27/2025Listing removed$1,500
        Source: Zillow Rentals Report a problem
        12/10/2025Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        11/28/2025Listing removed$1,500
        Source: Zillow Rentals Report a problem
        10/30/2025Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        10/6/2025Listing removed$1,500
        Source: Zillow Rentals Report a problem
        9/7/2025Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        8/14/2025Listing removed$1,500
        Source: Zillow Rentals Report a problem
        6/24/2025Listed for rent$1,500+114.3%
        Source: Zillow Rentals Report a problem
        4/25/2025Listing removed$700
        Source: Zillow Rentals Report a problem
        3/16/2025Listed for rent$700-53.3%
        Source: Zillow Rentals Report a problem
        10/29/2024Listing removed$1,500
        Source: Zillow Rentals Report a problem
        10/14/2024Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        3/12/2018Sold$400,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

          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: 23901

          Getting around

          12 / 100
          Car-Dependent
          35 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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