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    407 E 2Nd St Farmville, VA 23901

    Pending
    For Sale
    $305,000

    MULTI_FAMILY - Other - Farmville, VA

    Property size:
    3,416 SF
    Lot size:
    0.42 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 407 E 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    023-A4-23-3-2-A
    Parking features
    Off Street
    Patio and Porch features
    Patio, Porch
    Appliances
    ElectricWaterHeater
    Size
    3,416 SF
    Lot size
    0.42 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick, Drywall, Frame, VinylSiding
    Roof type
    Composition
    Architectural style
    Other

    CENTURY 21 Realty @ Home (434) 390-4004 [email protected]

    Listing agent Navona Hart (434) 395-1225 License #0225076822

    Listing date Nov 24, 2025

    MLS# 2518972 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmville Duplex Investment Opportunity

    This duplex presents an investment opportunity in Farmville. The property is fully rented and in good condition, offering immediate rental income. Unit A, located on the ground floor, features 3 bedrooms, 2 baths, a front living room entrance, and a kitchen exit. It is currently rented through July 2026. Unit B, situated on the upper level, includes 3 bedrooms, 1 bath, and living room and kitchen entrances. This unit is rented through March 2026. Both units are equipped with a washer, dryer, refrigerator, stove, and dishwasher. Ample off-street parking is available for both units. The upper level features a front porch, while the lower level has a front patio. The property, with a size of 3416 square feet, is located on a lot of 0.422 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.387295
    Latitude
    37.30171

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    FAQs

    What type of property is this?
    Duplex - Fully rented duplex in good condition, generating immediate rental income.
    Where is this duplex located?
    The property is located at 407 E 2Nd St Farmville, VA.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Fully rented duplex provides immediate rental income.; - Both units are currently leased through 2026 (July and March).; - Each unit includes essential appliances: washer, dryer, refrigerator, stove, and dishwasher.
    (434) 395-1225
    Request Owner's contact information
    407 E 2Nd St Farmville, VA 23901
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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
    407 E 2Nd St Farmville, VA 23901
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