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Two-Story Multifamily Building
For Sale
$83,000

743 Fayette Street, Martinsville, VA 24112

The building has stucco exterior walls and electric water heating.

Property SizeContact for details
Days on Market183

Property Features for 743 Fayette Street

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Cable Ready
Window Unit(s)
Forced Air
Electric Water Heater
Cable Available, Composition

Building Details

Year Built 1958
Buildings 1
Stories 1
Construction stucco
Listing Agency: Crown Associates
Listed By: Wanda Green
Source: Kw
Added: May 6 Changed: Nov 3 Last Checked: Nov 3 at 2:15PM

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 Crown Associates

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Investment Insights

Based on property information with market context.

Built in 1958, this two-story multifamily building has stucco exterior walls, composition roofing, and window-unit cooling. Heating is forced air, and the property includes an electric water heater. Cable service is ready inside, with cable availability also noted for the exterior.

The roof was reportedly replaced approximately two years ago, and the water heaters are approximately one to three years old. Showings require an appointment, and tenant rights apply.

Key Highlights

  • Two‑story multifamily building constructed in 1958
  • Stucco exterior with composition roofing
  • Roof reported approximately 2 years old

Location Intelligence

Trade Area within ½ mile

167
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

Frequently Asked Questions

What type of property is this?
Multifamily property - The building has stucco exterior walls and electric water heating.
Where is this multifamily property located?
The property is located at 743 Fayette Street Martinsville, VA.
What is the asking price?
The asking price for this property is $83,000.
What are key features of this property?
This property features: Two‑story multifamily building constructed in 1958; Stucco exterior with composition roofing; Roof reported approximately 2 years old
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