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2 Beds
1 Bath
843 sqft

$108,000

402 S College ST, Martinsville VA, 24112

Price per sqft$128.11
Built in1940
Property size843 sqft
Property typeResidential

Overview

Active

Listed Sep 9, 2026

Updated 6 days ago

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.

$719/mo

Est. mortgage payment based on a $108,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
931176

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$924
Tax Frequency
Annually
MLS provider logo

Listed by TRAVIS HILL with KEYSTONE REALTY OF ROANOKE LLC
Listing Contact: [email protected] 

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 10/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/13/2026 at 4:08 AM UTC

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