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    74 Halifax Dr Collinsville, VA 24078

    For Sale
    $1,650,000

    Multi-Family - Collinsville, VA

    Type:Multi Family
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 74 Halifax Dr

    General Information

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

    Building Details

    Year built
    1970
    Floors in Building
    2
    Architectural style
    Other

    Piedmont Realty (276) 403-1114

    Listing agent Lisa J. Spencer (276) 403-1114

    Listing date Dec 3, 2025

    MLS# 145621 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

    Renovated Apartment Complex in Collinsville

    This is a newly renovated 20-unit apartment complex located in the center of Collinsville. The property features new appliances and HVAC units. An on-site laundry facility is available for tenants. The property is intended for investment and income generation, with market rate rents.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Henry
    State
    Virginia
    Longitude
    -79.9116084
    Latitude
    36.7293559

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    FAQs

    What type of property is this?
    Apartment building - 20-unit apartment complex with new appliances and HVAC units.
    Where is this apartment building located?
    The property is located at 74 Halifax Dr Collinsville, VA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Prime investment opportunity with market-rate rents.; - Newly renovated, increasing appeal and reducing maintenance.; - New appliances, attracting tenants and reducing repair costs.
    (276) 403-1114
    Request Owner's contact information
    74 Halifax Dr Collinsville, VA 24078
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    Collinsville, VA 24078
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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
    74 Halifax Dr Collinsville, VA 24078
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