216 College St
Martinsville, VA 24112
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Bed
0
Bath
0.58Acre(Lot)
Income producing investment opportunity with established rental history and strong tenant demand. This well-maintained property offers consistent cash flow, efficient operating expenses, and long-term upside. Ideal for buy-and-hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Other -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric, Natural Gas Cooling: None
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Building Information
Year Built: 1930 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Main Square Feet: 0.58 Acres Lot Size Acres: 0.58 Lot Size Square Feet: 25264.8Property Information
Subdivision: N/A Source Property Type: Residential Income MLS Area Minor: 1300 - City of Martinsville Property SubType: Apartment Property Age: 96
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Listing Price Information
Listing Price: $247950
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Tax Information
Parcel Number: 32 (01 )N /34 Tax Lot: 0 Tax Block: 0 Annual Tax: $2184
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Parking Information
Private
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School Information
Elementary School: Other - See RemarksJunior High School: Other - See RemarksSenior High School: Other - See Remarks -
Location Information
Direction: From downtown Martinsville, take College St to 216 College St. Property on right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6303 Coopers Mountain Rd, Martinsville, VA, 24112 | $289,777 | 4 | 2 | 1,869 | 0.89 Acre |
| 620 Varley Ln, Martinsville, VA, 24112 | $419,900 | 2 | 2 | 1,305 | 19.18 Acres |
| 620 Varley Lane, Martinsville, VA, 24112 | $419,900 | 2 | 2 | 1,304 | 19.18 Acres |
| 2030 Mount Olivet Rd, Martinsville, VA, 24112 | $334,900 | 4 | 4 | 2,929 | 1.50 Acres |
| 1512 Snow Creek Rd, Martinsville, VA, 24112 | $264,900 | 3 | 1 | 1,616 | 11.10 Acres |
| 123 Pebble Rd, Martinsville, VA, 24112 | $199,900 | 3 | 2 | 1,167 | 0.40 Acre |
| 707 Auburn Pl, Martinsville, VA, 24112 | $98,900 | 3 | 1 | 1,209 | 0.60 Acre |
| 925 Mulberry Rd, Martinsville, VA, 24112 | $350,000 | 5 | 3 | 2,865 | 0.57 Acre |
| 906 Spruce Street, Martinsville, VA, 24112 | $230,000 | 3 | 2 | 2,770 | 0.20 Acre |
| 733 Craig St, Martinsville, VA, 24112 | $164,900 | 2 | 2 | 1,024 | 0.14 Acre |
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ByOwner last updated this listing 09/18/2026 @ 13:41
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