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Two-Home Multifamily Property
For Sale
$149,900

1981 Piney Grove Road, Gretna, VA 24557

A garage/shop provides additional storage and workspace alongside the residential improvements.

Property Size1,050 SF
Days on Market61

Property Features for 1981 Piney Grove Road

General Information

Standard status Active
Size 1,050 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Building Size 1,050 SF
Year Built 1989
Buildings 2
Listing Agency: Watts Auction Realty Appraisals Inc
Listed By: Charlie Watts · License #0225086405
Source: Kw
Added: Jul 2 Changed: Aug 30 Last Checked: Aug 30 at 2:27PM

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 Watts Auction Realty Appraisals Inc

Investment Insights

Based on property information with market context.

This multifamily property combines three parcels conveyed together with two mobile homes. One of the homes is accompanied by a garage/shop positioned behind it, adding functional space for storage and workspace. The improvements date to 1989.

The property is located at 1981 Piney Grove Road in Gretna, Virginia. Gretna and Altavista are approximately 15 minutes away, while Lynchburg is about 40 minutes from the property.

Key Highlights

  • Three parcels sold together as one property
  • Two mobile homes included
  • Garage/shop behind one home for storage and workspace

Property Analytics

Current Use

Multifamily properties

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6
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?
Multifamily property - A garage/shop provides additional storage and workspace alongside the residential improvements.
Where is this multifamily property located?
The property is located at 1981 Piney Grove Road Gretna, VA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three parcels sold together as one property; Two mobile homes included; Garage/shop behind one home for storage and workspace
More about this property
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