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402 S College, Martinsville, VA 24112

Martinsville
Local realty services provided by:CENTURY 21 Wampler Realty
402 S College,Martinsville, VA 24112
$109,950
  • 2 Beds
  • 1 Baths
  • 843 sq. ft.
  • Single family
  • Active
Listed by: travis hill, kevin westlake
Office: keystone realty of roanoke llc.
MLS#:931176
Source:VA_RVAR

Price summary

  • Price:$109,950
  • Price per sq. ft.:$130.43

About this home

Appraised @ $120,000. Tenant-Occupied, Income-Producing Investment Opportunity in Martinsville Turnkey rental property with established tenant and immediate cash flow at 402 College St in Martinsville, VA. This well-maintained investment offers consistent rental income, efficient operating expenses, and strong long-term upside in a market with proven tenant demand. The property is currently tenant occupied, providing investors with instant income from day one--no vacancy, no leasing delays. Its functional layout and low-maintenance features make it ideal for buy-and-hold investors seeking reliable returns and portfolio stability. Conveniently located near downtown Martinsville, employment centers, shopping, and local amenities, this property benefits from a location that supports ongoing rental demand and stable occupancy. This is an excellent opportunity for both new and experienced investors looking to expand their portfolio with a performing asset.

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Home facts

  • Year built:1940
  • Listing ID #:931176
  • Added:4 day(s) ago
  • Updated:September 13, 2026 at 03:01 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Kitchen Description:Microwave Oven
  • Living area:843 sq. ft.

Heating and cooling

  • Heating:Forced Air Gas
  • Central air:Yes

Structure and exterior

  • Year built:1940
  • Building area:843 sq. ft.
  • Lot Features:Level
  • Architectural Style:Cottage
  • Exterior Features:Covered Porch, Front Porch

Finances and disclosures

  • Price:$109,950
  • Price per sq. ft.:$130.43
  • Tax amount:$924

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