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Two-Unit Residential Property
New
For Sale
$129,900

1398 W Main Street, Danville, VA 24541

MULTI_FAMILY - Danville, VA

Property Size2,912 SF
Price / SF$44.61
Days on Market2

Property Features for 1398 W Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Danville City
Standard status Active
Size 2,912 SF

Building Details

Year built 1957
Floors in Building 2
Listing Agency: Piedmont Realty
Listed By: Angie Ancheta
Added: Aug 4 Last Checked: Aug 5 at 5:06PM
MLS# 150450

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2,912-square-foot residential property is currently arranged as a duplex. Built in 1957, the building reflects a two-unit configuration following its earlier triplex layout identified in city assessor records. The property’s mechanical systems and roof are part of the existing improvement profile.

Located at 1398 W Main Street in Danville, the property is within walking distance of the casino, Schoolfield Elementary School, Hardee’s, and additional neighborhood amenities. Its residential income classification and current duplex arrangement provide a straightforward basis for evaluating the property as a two-unit asset.

Key Highlights

  • Currently configured as a duplex following an earlier triplex layout
  • 2,912 square feet of property area
  • Built in 1957

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Hair Salon

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

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 24541, VA

27,529
Population
14,506
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
87%
High-School Grad
75.2 sq mi
ZIP Area
366
Density / Sq Mi
$49,292
Median Household Income
$35,592
Median Earnings
$818
Median Rent
$134,800
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 - Currently configured as a duplex with walking access to schools, dining, and neighborhood entertainment.
Where is this duplex located?
The property is located at 1398 W Main Street Danville, VA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Currently configured as a duplex following an earlier triplex layout; 2,912 square feet of property area; Built in 1957
More about this property
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