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2-Unit Duplex with Separate Meters
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129 Newbern Rd, Dublin, VA 24084

Up-and-down configuration offers separate apartments and off-street gravel parking.

Property Size1,704 SF
Price / SF$111.44
Days on Market138

Property Features for 129 Newbern Rd

General Information

Standard status Active
Size 1,704 SF
Property subtype Multifamily
Zoning B1
Net Operating Income $1,500

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $20,400
Utilities to Site Yes

Building Details

Year Built 1940
Buildings 1
Stories 2
Units 2
Construction cinderblock
Listing Agency: EXP Realty
Listed By: Denise Blevins · License #0225038228
Source: Crexi
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 3:59PM

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 EXP Realty

Investment Insights

Based on property information with market context.

This 2-unit duplex contains a 3-bedroom, 1-bath lower apartment and a 2-bedroom, 1-bath upper apartment within a 1,704-square-foot building. The 1940 property has a cinderblock exterior and shingle roof, with forced-air heat in both units and window air-conditioning units for cooling. Separate electric meters serve the apartments, while public water and sewer are provided by the Town of Dublin.

Located at 129 Newbern Rd in Dublin, VA, the property includes a gravel driveway and dedicated gravel parking area. B1 zoning is identified for the site. The two-level layout, separate utility metering, and distinct unit configurations provide a clearly defined duplex setup for residential income use.

Key Highlights

  • Two‑unit layout with a 3‑bedroom lower apartment and 2‑bedroom upper apartment
  • 1,704‑square‑foot building constructed in 1940
  • Separate electric meters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Electrical Service Dental Office Real Estate Agency

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 24084, VA

10,894
Population
5,325
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
113.5 sq mi
ZIP Area
96
Density / Sq Mi
$60,724
Median Household Income
$40,842
Median Earnings
$830
Median Rent
$187,500
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?
Duplex - Up-and-down configuration offers separate apartments and off-street gravel parking.
Where is this duplex located?
The property is located at 129 Newbern Rd Dublin, VA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑unit layout with a 3‑bedroom lower apartment and 2‑bedroom upper apartment; 1,704‑square‑foot building constructed in 1940; Separate electric meters for each unit
(276) 274-3142 Call to check price and availability
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