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Three-Unit Rental Property
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Pending

410 N Main St, Gretna, VA 24557

Three rental units with long-term tenants, including a remodeled 3-bedroom home and an additional 2-bedroom unit.

Property SizeContact for details
Days on Market124

Property Features for 410 N Main St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: Jeff Davis & Associates LLC
Listed By: Benjamin Farmer · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 12 at 2:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Davis & Associates LLC

Investment Insights

Based on property information with market context.

This three-unit rental property includes two residential units plus a large garage unit. Unit 1 is a 3-bedroom, 1-bath home that has been rented by the same tenant since 2008 and was completely remodeled in 2008. Unit 2 is a 2-bedroom, 1-bath unit rented by the same tenant since 2013. A huge 10x40 garage unit is also rented.

The property is located within walking distance of doctors’ offices, a dentist’s office, grocery and convenience stores, restaurants, and other nearby retail, as well as an elementary school, middle school, and high school. It is also approximately 5 minutes from CENTRA Emergency Center. 410 N Main St is described as a convenient location, about 30 minutes from Danville to the south and 35–40 minutes to Lynchburg to the north.

Current reported income exceeds $1,100 per month based on the stated rents for Units 1 and 2 and the rented garage unit. The key operating feature of the property is its stable, long-term tenancy across all three units.

Key Highlights

  • 3 rental units with long‑term tenants
  • Unit 1: 3 bed, 1 bath, remodeled in 2008; rented by same tenant since 2008 for $600/month
  • Unit 2: 2 bed, 1 bath; rented by same tenant since 2013 for $450/month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office HVAC Service Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 24557, VA

7,550
Population
4,121
Households
1.8
Avg Household Size
51
Median Age
12%
College-Educated
78%
High-School Grad
162.5 sq mi
ZIP Area
46
Density / Sq Mi
$44,948
Median Household Income
$35,633
Median Earnings
$792
Median Rent
$132,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three rental units with long-term tenants, including a remodeled 3-bedroom home and an additional 2-bedroom unit.
Where is this triplex located?
The property is located at 410 N Main St Gretna, VA.
What are key features of this property?
This property features: 3 rental units with long‑term tenants; Unit 1: 3 bed, 1 bath, remodeled in 2008; rented by same tenant since 2008 for $600/month; Unit 2: 2 bed, 1 bath; rented by same tenant since 2013 for $450/month
More about this property
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