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Multifamily Property with Decks
For Sale
$102,000

912 N Royal Dr, Martinsville, VA 24112

Bedrooms occupy the second floor, with 1.5 baths provided in each unit.

Property SizeContact for details
Days on Market174

Property Features for 912 N Royal Dr

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Tenant in Place Yes

Amenities

Heat Pump
Electric Water Heater
Deck, Composition

Building Details

Year Built 1989
Stories 2
Listing Agency: Crown Associates
Listed By: Margaret Thomas
Source: Kw
Added: May 5 Changed: Oct 25 Last Checked: Oct 24 at 8:49PM

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.

This multifamily property at 912 N Royal Dr in Martinsville, Virginia, was built in 1989. Bedrooms are located on the second floor, and each unit has 1.5 baths. The property includes decks, heat pump heating, and an electric water heater.

Tenants cover their own utility costs, while the landlord handles lawn work.

Key Highlights

  • Built in 1989
  • Each unit has 1.5 baths, with bedrooms on the second floor
  • Heat pump heating and an electric water heater

Property Analytics

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Location Intelligence

Trade Area within ½ mile

47
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Bedrooms occupy the second floor, with 1.5 baths provided in each unit.
Where is this multifamily property located?
The property is located at 912 N Royal Dr Martinsville, VA.
What is the asking price?
The asking price for this property is $102,000.
What are key features of this property?
This property features: Built in 1989; Each unit has 1.5 baths, with bedrooms on the second floor; Heat pump heating and an electric water heater
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