$100,000

1200 Memorial Blvd S Martinsville, VA 24112

Estimated payment $585/month

Total Views 2,051
-- Bed
2 Baths
1,920 Sq Ft
$52 Price per Sq Ft

Highlights

  • Wood Flooring
  • Wood Siding
  • Wall Furnace
  • No HOA

About This Home

Investment Opportunity on Memorial Blvd! This property offers both residential and commercial potential on 1.61 acres. The residential building is set up as a triplex: the upper level features 3 bedrooms and 1 bath, the middle level offers 2 bedrooms and 1 bath, and the lower level is designed as a studio apartment. In addition, there is a spacious 4,800 sq. ft. commercial building on site. With a little TLC, this property has the potential to become a strong income-producing investment. Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

Listing Agent

Felicia Hirshfeld

Sarver Properties Brokerage Email: 2766477667, Richard@sarverproperties.com License #0225267304 Listed on: 09/02/2025

Sarver Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1929

Lot Details

  • 1.61 Acre Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1,920 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Vinyl

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Martinsville Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$620

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Martinsville
  • Building Stories: 3
  • Year Built: 1929
  • Attribution Contact: 2766477667, Richard@sarverproperties.com
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Other Type Water Heater
  • Has Basement: Partially Finished
  • Fireplace Features: Electric
  • Flooring: Vinyl, Wood
  • Interior Amenities: Other
  • Living Area: 1920

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Metal

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Utilities Off
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 70131.6

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $620 $62,600 $33,300 $29,300
2023 $620 $62,600 $33,300 $29,300
2022 $651 $62,600 $33,300 $29,300
2021 $651 $62,600 $33,300 $29,300
2020 $665 $62,600 $33,300 $29,300
2019 $665 $62,600 $33,300 $29,300
2018 $665 $62,600 $33,300 $29,300
2017 $665 $62,600 $33,300 $29,300
2016 $665 $62,600 $33,300 $29,300
2015 $665 $62,600 $33,300 $29,300
2014 $665 $62,600 $33,300 $29,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $100,000 -- $52 / Sq Ft
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure $100,000 None Listed On Document
Source: Public Records

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 145269

APN: 000181700

Virginia Martinsville County Martinsville 24112

1200 Memorial Blvd S, Martinsville, VA

This home is located at 1200 Memorial Blvd S, Martinsville, VA 24112 and is currently priced at $100,000, approximately $52 per square foot. This property was built in 1929. 1200 Memorial Blvd S is a home located in Martinsville City with nearby schools including Albert Harris Elementary School, Martinsville Middle School, and Martinsville High School.

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Felicia Hirshfeld
Listing Agent
Felicia Hirshfeld
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Sarver Properties
(276) 365-1771