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Triplex with In-Unit Laundry
New
For Sale
$315,000

845 Hundley Street, Martinsville, VA 24112

Residential Income, Martinsville, VA

Property Size1,632 SF
Price / SF$193.01
Days on Market2

Property Features for 845 Hundley Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Forest Park
Standard status Active
Size 1,632 SF

Amenities

new deck
all-new appliances including dishwasher
in-unit laundry with washer and dryer

Building Details

Year built 1942
Floors in Building 3
Listing Agency: Piedmont Realty
Listed By: Lee Clark
Added: Oct 4 Last Checked: Oct 5 at 1:06AM
MLS# 150665

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 1,632-square-foot triplex contains three apartments: two with two bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. The property was built in 1942 and has been renovated. All three apartments include in-unit laundry, with a washer and dryer in each. Updated appliances, including dishwashers, are also provided, and the property has a new deck.

Located at 845 Hundley Street in Martinsville, Virginia, the building has individually metered utilities. Its three-unit configuration and apartment-level laundry are key features of the property.

Key Highlights

  • Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • 1,632 square feet
  • Washer and dryer provided in each apartment

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Building Supply

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

535
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Each apartment has a washer and dryer, and utilities are individually metered.
Where is this triplex located?
The property is located at 845 Hundley Street Martinsville, VA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 1,632 square feet; Washer and dryer provided in each apartment
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