+2 more
/ 7
$109,950
2 bd
1 ba
843 sqft
402 S College ST
Martinsville, VA 24112
15 days on market
Property Type
Residential
Year Built
1940
Lot Size
—
Garage
—
About This Property
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.
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.
Property Details
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 843 sqft
Exterior & Lot
- Year Built
- 1940
Location
- Subdivision
- N/A
- County
- City of Martinsville
- ZIP Code
- 24112
Financial
- Annual Taxes
- $924
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Other - See Remarks
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
Interior Features
Ceiling Fan(s)
Appliances
Microwave Oven (Built In)
Heating
Forced Air Gas
Cooling
Central Air
Patio & Porch Features
Front Porch, Covered Porch
Lot Features
Sloped Down, Level
Location
Listing Information
- MLS #
- 931176
- Listing Agent
- TRAVIS HILL
- Listing Office
- KEYSTONE REALTY OF ROANOKE LLC
- Listed Date
- Sep 9, 2026
Contact Brian Deacon About This Property
Interested in 402 S College ST? Send us a message and we'll get back to you.