Martinsville VA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
909069
Subdivision:
NA

ADDITIONAL INFORMATION

Convenient Triplex close to MANY City Amenities! This triplex property is ideally situated and comprises two 1-bed/1-bath units with updated flooring/paint. Currently rented for $525 each. These units have new window heating/cooling units along with new faucets, and shower surrounds. Unit C has new kitchen cabinets and a new sink faucet with a long-term tenant-occupied 2-bed/1-bath unit rented for $800. This brings the total monthly rents to $1850. New roof just replaced May 2024. Tenants pay electricity seller covers gas and water. Don't miss out on this great investment opportunity! Albert Harris Elementary, Martinsville Middle and High School. Sq ft. lot size est. Information taken from tax assessment and/or seller. Seller is a licensed agent.

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Martinsville Real Estate

The median home value in Martinsville, VA is $96,250. This is higher than the county median home value of $88,100. The national median home value is $338,100. The average price of homes sold in Martinsville, VA is $96,250. Approximately 46.2% of Martinsville homes are owned, compared to 33.86% rented, while 19.94% are vacant. Martinsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Martinsville real estate agent to arrange a tour today!

Martinsville, Virginia has a population of 13,476. Martinsville is less family-centric than the surrounding county with 15.43% of the households containing married families with children. The county average for households married with children is 15.43%.

The median household income in Martinsville, Virginia is $36,832. The median household income for the surrounding county is $36,832 compared to the national median of $69,021. The median age of people living in Martinsville is 40.6 years.

Martinsville Weather

The average high temperature in July is 87.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 6 inches of snow per year.

Martinsville Real Estate Market Conditions

  • Median sales price

    $96,250
    15.8% change since last quarter
  • # Active listings

    42
    30-day change

Martinsville Schools and Demographics

Education near Martinsville, VA

Metric City County
High School Graduates 88.33 88.33
College Degree - 2 year 15.27 15.27
College Degree - 4 year 22.12 22.12
Graduate Degree 4.93 4.93
Expenditures per Student 13,012 13,012
Students per Teacher 13.6 13.6

Elementary Schools near Martinsville, VA

School Grades Students P/T Ratio ZIP
Albert Harris Elementary School KG - 05 558 16.4 24112
Axton Elem PK - 05 419 16.8 24054
Campbell Court Elementary School PK - 05 365 15.9 24055
Carver Elementary School PK - 05 527 17.6 24112
Clearview Early Childhood Center PK - PK 132 12 24112
Collinsville Primary School PK - 02 344 15.8 24078
John Redd Smith Elementary School 03 - 05 258 16.4 24078
Mt. Olivet Elementary PK - 05 310 16.8 24112
Patrick Henry Elementary School KG - 05 492 20.5 24112
Rich Acres Elementary School PK - 05 265 14.2 24112
Sanville Elementary School PK - 05 296 15.6 24055
Stanleytown Elementary School PK - 05 371 13.9 24168

Middle Schools near Martinsville, VA

School Grades Students P/T Ratio ZIP
Fieldale-Collinsville Middle School 06 - 08 905 16.7 24078
Laurel Park Middle School 06 - 08 754 15.2 24112
Martinsville Middle School 06 - 08 447 11.5 24112

High Schools near Martinsville, VA

School Grades Students P/T Ratio ZIP
Bassett High School 09 - 12 1,169 14.4 24055
Martinsville High School 09 - 12 671 16.7 24112

Ungraded Schools near Martinsville, VA

School Grades Students P/T Ratio ZIP
Breaking Barriers Alternative Ed/Henry County UG - UG 0 24112
Henry County/Martinsville Reg. PGM UG - UG 0 24078
Piedmont Gov. School for Math./Sci./Tech. UG - UG 0 24112

Demographics near Martinsville, VA

Metric City County
Neighborhood Type Suburban
Population 13,476 13,476
Population Density 1,230 1,230
Median Age 40.6 40.6
People per Household 2.3 2.3
Median Household Income 36,832 36,832
Average Income per Capita 23,592 23,592