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Updated Multifamily Property
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551 Dillard Street, Martinsville, VA 24112

Recent interior upgrades and utility improvements support rental readiness.

Property SizeContact for details
Days on Market121

Property Features for 551 Dillard Street

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Cable Ready
Forced Air
Gas Water Heater
Porch, Cable Available, Composition

Building Details

Stories 1
Listing Agency: Evans Real Estate & Auc.
Listed By: Margaret Evans
Source: Kw
Added: May 5 Changed: Sep 2 Last Checked: Sep 1 at 4:18PM

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 Evans Real Estate & Auc.

Investment Insights

Based on property information with market context.

This multifamily property includes refreshed paint, carpet, and vinyl flooring, along with extensive interior repairs. Plumbing and electrical systems have also received recent work, with two breaker panels and two meter bases serving the property.

Interior features include forced-air heating, a gas water heater, and cable readiness. Exterior amenities include a porch, composition materials, and cable availability. The property is located on Dillard Street in Martinsville, Virginia.

Key Highlights

  • New paint, carpet, and vinyl flooring
  • Recent plumbing and electrical improvements
  • Two breaker panels and two meter bases

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Storage Facility Kitchen & Bath Showroom Garden Center Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 24112, VA

30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
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 - Recent interior upgrades and utility improvements support rental readiness.
Where is this multifamily property located?
The property is located at 551 Dillard Street Martinsville, VA.
What are key features of this property?
This property features: New paint, carpet, and vinyl flooring; Recent plumbing and electrical improvements; Two breaker panels and two meter bases
More about this property
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