Building Details

Year Built 1754

Stories 2

Listing Agency: Long and Foster Southern Virginia

Listed By: Lisa J. Spencer Show Phone

Source: Kw

Added: May 6 Changed: Sep 6 Last Checked: Sep 7 at 7:02PM

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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 Long and Foster Southern Virginia

Investment Insights

Based on property information with market context.

This remodeled apartment building contains 7 units, each currently rented and producing income. The property includes cable-ready interiors, window unit cooling, baseboard heating, and an electric water heater. Exterior features include composition and metal elements, with cable availability and utilities on the property.

The building dates to 1754 and is located at 434 Henry Street in Stanleytown, Virginia. The existing seven-unit configuration may be convertible to eight units, with additional potential identified for creating a ninth apartment in the basement.

Key Highlights

• 7‑unit apartment building with all units currently rented
• Remodeled apartment building producing income
• Potential conversion from 7 units to 8

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Big Box & Wholesale Store Pharmacy Nail 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

7

Residential units

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 24168, VA

214

Population

65

Households

3.3

Avg Household Size

53

Median Age

24%

College-Educated

100%

High-School Grad

1.2 sq mi

ZIP Area

178

Density / Sq Mi

$56,625

Median Household Income

$2,499

Median Earnings

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - All apartments are currently leased and generating income.

Where is this apartment building located?

The property is located at 434 Henry Street Stanleytown, VA.

What is the asking price?

The asking price for this property is $117,000.

What are key features of this property?

This property features: 7‑unit apartment building with all units currently rented; Remodeled apartment building producing income; Potential conversion from 7 units to 8