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    6973 Henry Rd Henry, VA 24102

    For Sale
    $425,000

    Multi-Family - Henry, VA

    Type:Multi Family
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 6973 Henry Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active

    Building Details

    Year built
    1950
    Floors in Building
    2
    Architectural style
    Other

    Sarver Properties (276) 647-7667

    Listing agent Spencer Hirshfeld (276) 647-7667

    Listing date Nov 21, 2025

    MLS# 145449 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties 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

    50 Acre Multi-Family Opportunity

    This 50-acre property in Henry, VA, offers two separate homes suitable for multi-generational living, rental income, or homesteading. The main residence is a two-story farmhouse with 5 bedrooms and 2 bathrooms, featuring original wood flooring, vintage touches, and a full-length front porch. The second home is a double-wide manufactured home with 3 bedrooms and 2 full bathrooms. It includes new carpet flooring, a new water heater, and a roof that is a few years old. The manufactured home also features vaulted ceilings in the main living area, a large covered parking area, and a generously sized cinderblock garage/shop suitable for storage, hobbies, or a small business. Both homes offer opportunities for updates and personal touches. The property is versatile and offers potential for a rural retreat, family compound, or income-producing property. It has frontage on Henry Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Carpet & Flooring Store Adult Day Care Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Henry
    County
    Franklin
    State
    Virginia
    Longitude
    -80.0076747
    Latitude
    36.8348444

    Nearby Similar for Sale

    • $125,000
      5.34 Acres

      Move-in Ready Home on Acreage

      3-bedroom home on 5.34 acres near Philpott Lake.
      7180 Henry Rd, Henry, VA 24102
      View Details

    FAQs

    What type of property is this?
    Single family property - Two homes on 50 acres, ideal for multi-generational living.
    Where is this single family property located?
    The property is located at 6973 Henry Rd Henry, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 50-acre property with two separate homes, suitable for multi-generational living, rental income, or homesteading.; - Main residence: a **5-bedroom, 2-bathroom classic farmhouse with original wood flooring and a full-length front porch.**; - Second home: a spacious 3-bedroom, 2-bathroom double-wide manufactured home with recent updates (new carpet, water heater, newer roof).
    (276) 647-7667
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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
    6973 Henry Rd Henry, VA 24102
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