Wonderful opportunity to invest in an income producing apartment complex in Bassett. This building has twelve total units that are all on one level with no steps. All units are one bedroom, one bath, with a large living room, kitchen and eating area. One unit has been completely
remodeled from top to bottom (see pics) and several more have updated flooring, paint and bathrooms. This property has plenty of parking and the units rent almost immediately when they come available. Call Grant to schedule showings. Tenants require 72 hour notice.
Sold for $510,000
$510,000
638 Melrose Dr, Bassett, VA 24055
1beds
0baths
--sqft
Multi Family
Built in 1982
-- sqft lot
$578,300 Zestimate®
$--/sqft
$775 Estimated rent
Home value
$578,300
Estimated sales range
Not available
$775/mo
Zestimate® history
Owner options
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$775/mo
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$775/mo
Rent Zestimate®
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$3,003/mo
Est. payment
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$3,003/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
GRANT COCKRELL 540-580-8232,
RE/MAX ALL STARS
Bought with:
Non Member Transaction Agent
Non-Member Transaction Office
Source: RVAR,MLS#: 911552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Baseboard Electric
Cooling
- Window Unit(s)
Property
Parking
- Total spaces: 58409
- Parking features: Carport
- Carport spaces: 15416
- Covered spaces: 58409
Lot
- Size: 1.19 Acres
Details
- Parcel number: 28.5(022)000/054.5565
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Bassett
Financial & listing details
- Annual tax amount: $1,167
- Date on market: 10/9/2024
- Cumulative days on market: 3 days
- Lease term: One Year
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Listing removed | $700 |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Listed for rent | $700+2.9% |
Source: Zillow Rentals Report a problem | ||
| 4/26/2025 | Listing removed | $680 |
Source: Zillow Rentals Report a problem | ||
| 3/8/2025 | Listed for rent | $680+94.3% |
Source: Zillow Rentals Report a problem | ||
| 11/26/2024 | Sold | $510,000-2.8% |
Source:  RVAR #911552 Report a problem | ||
| 10/12/2024 | Pending sale | $524,950 |
Source: RVAR #911552 Report a problem | ||
| 10/9/2024 | Listed for sale | $524,950+94.4% |
Source: RVAR #911552 Report a problem | ||
| 2/4/2022 | Sold | $270,000-1.8% |
Source: MVMLS #136376 Report a problem | ||
| 10/9/2021 | Pending sale | $275,000 |
Source: MVMLS #136376 Report a problem | ||
| 10/1/2021 | Price change | $275,000+2.2% |
Source: MVMLS #136376 Report a problem | ||
| 1/19/2020 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 1/9/2020 | Listed for rent | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 10/20/2019 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 10/1/2019 | Listed for rent | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 7/18/2019 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 12/12/2018 | Listed for rent | $350 |
Source: Berry-Elliott, REALTORS #133012 Report a problem | ||
| 2/3/2018 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS #130925 Report a problem | ||
| 5/9/2017 | Listed for rent | $350 |
Source: Berry-Elliott, REALTORS #130925 Report a problem | ||
| 3/21/2016 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS Report a problem | ||
| 6/28/2015 | Listed for rent | $350 |
Source: Berry-Elliott, REALTORS Report a problem | ||
| 11/4/2010 | Price change | $269,000-10% |
Source: Systems Engineering, Inc. #120967 Report a problem | ||
| 5/21/2010 | Price change | $299,000-8% |
Source: Systems Engineering, Inc. #120967 Report a problem | ||
| 3/18/2010 | Price change | $325,000-13.3% |
Source: Systems Engineering, Inc. #120967 Report a problem | ||
| 1/16/2010 | Listed for sale | $375,000 |
Source: Systems Engineering, Inc. #120967 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 24055
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Nearby schools
GreatSchools rating
- 3/10Stanleytown Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Fieldale-Collinsville Middle SchoolGrades: 6-8Distance: 1.8 mi
- 1/10Bassett High SchoolGrades: 9-12Distance: 1.4 mi
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- Virginia
- Henry County
- Bassett
- 24055
- 638 Melrose Dr
Nearby cities
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