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    400 Tanglewylde Dr South Boston, VA 24592

    For Sale
    $1,830,000

    Attached Units,Multiplex - South Boston, VA

    Property size:
    24,174 SF
    Days on Market:
    25
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 400 Tanglewylde Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    36
    APN
    1029
    Parking features
    Assigned
    Interior features
    None, Refrigerator, Range
    Size
    24,174 SF

    Utilities

    Heating system
    See Remarks (Heating)
    Cooling system
    Ductless, Electric, Heat Pump

    Building Details

    Floors in Building
    2
    Number of units
    36
    Flooring type
    Carpet, Carpet - Full, Vinyl, Wood
    Building materials
    Brick, Wood Siding
    Roof type
    Composition
    Architectural style
    Other

    Long and Foster South Boston (434) 575-1100

    Listing agent Jason Clark (434) 575-1100

    Listing date Nov 17, 2025

    MLS# 71599 Listing URL

    Copyright © 2025 Southern Piedmont Land & Lake Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Boston Multifamily Investment Opportunity

    Located in South Boston, Virginia, Tanglewylde Gardens presents an investment opportunity. This well-maintained apartment complex comprises 6 buildings with a total of 36 rental units. The property features a mix of twelve one-bedroom units and twenty-four two-bedroom units. Situated on 3.33 acres, the complex has a total area of 24,174 square feet. The location offers proximity to the hospital and is within minutes of retail, dining, and schools. The property is located in a quiet neighborhood. This is a fully operational asset.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.9130085
    Latitude
    36.7087686

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    FAQs

    What type of property is this?
    Apartment building - 36-unit apartment complex in South Boston, Virginia.
    Where is this apartment building located?
    The property is located at 400 Tanglewylde Dr South Boston, VA.
    What is the asking price?
    The asking price for this property is $1,830,000.
    What are key features of this property?
    This property features: - Stable, well-maintained 36-unit apartment complex.; - Strong unit mix: 12 one-bedroom and 24 two-bedroom units.; - **Ideal location:** Quiet neighborhood, walking distance to hospital, minutes from retail, dining & schools.
    (434) 575-1100
    Request Owner's contact information
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    South Boston, VA 24592
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Tanglewylde Dr South Boston, VA 24592
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