29 Broad ST, Martinsville, VA 24112
$499,950
Property Type:
MultiFamily
Lot Size (sq. ft.):
19,166
Status:
Active
Current Price:
$499,950
List Date:
9/29/2026
Last Modified:
9/29/2026
Overview
Description
Listing Details MLS# 931851
Location, Tax & Legal
- Area
- 1300 - City of Martinsville
- Street Number
- 29
- Street Name
- Broad
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24112
- Subdivision
- N/A
- Municipality
- City of Martinsville
- Elementary School
- Other - See Remarks
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
- Major Area
- 13 - City of Martinsville
- Phase
- 0
- Lot
- No
- Block
- No
- Tax ID
- Tax ID: 33 (03 )N
- Annual Taxes
- 3144
- Section
- No
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1935
- Number of Units
- 6
- # Unfurnished
- 6
- # Leased Units
- 6
- Gross Bldg SQFT
- 9168
- Total Acreage
- 0.44
- Basement Y/N
- No
- Parking Description
- Private (1 - 9)
- Water Class
- N/A
- # Furnished
- 0
- Gross Income
- 0
Remarks & Misc
- Public Remarks
- Appraised @ $530,000 Income producing investment opportunity with established rental history and strong tenant demand. There are 5 dwelling rental units, 1 commercial unit along with 16 storage units 2 are currently rented . The storage units bring additional income to help the cash flow. This property offers 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
- Directions
- From downtown Martinsville, take Broad St to 29 Broad St. Property on right.
Limited Service
- Not Limited Service
- Yes
Construction
- Other - See Remarks
- Yes
More Information
Heating
- Radiator Gas Heat
- Yes
Cooling
- Window Unit(s)
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Electricity
- Yes
- Gas
- Yes
- Water
- Yes
Tenant Expenses
- Other - See Remarks
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Other - See Remarks
Heating:
Radiator Gas Heat
Cooling:
Window Unit(s)
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Electricity; Gas; Water
Tenant Expenses:
Other - See Remarks
Listing Office:
KEYSTONE REALTY OF ROANOKE LLC
Last Updated: September - 29 - 2026
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