$70,000

324 E Thomas St Danville, VA 24540

Estimated payment $397/month

Total Views 492
-- Bed
-- Bath
2,464 Sq Ft
$28 Price per Sq Ft

Highlights

  • Very Popular Property
  • Level Lot
  • 1-Story Property

About This Home

Prime investor opportunity! This duplex is a diamond in the rough, offering major upside potential with a value-add renovation. Currently priced below market, it's perfect for investors looking to force appreciation and boost cash flow. Strong rental demand in the area ensures high returns once updated. Bring your contractor and turn this into a high-performing asset—ideal for building long-term wealth!

Listing Agent

Ivy Stewart

Real Broker LLC Brokerage Email: membership@therealbrokerage.com License #0225272928 Listed on: 07/14/2025

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 1908

Lot Details

  • 3,624 Sq Ft Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Schools

  • Forest Hills Elementary School
  • Westwood Middle School
  • George Washington High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 02992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$122

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1908
  • Attribution Contact: membership@therealbrokerage.com
  • Lot Size Acres: 0.0832
  • Ownership: Other
  • Subdivision Name: None
  • Architectural Style: Two Story, Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Other
  • Basement YN: No
  • Below Grade Sq Ft: 1232.0
  • Interior Amenities: Laminate Counters
  • Living Area: 2464.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Drywall, Other, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage, None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Westwood

Lot Info

  • Parcel Number: 02992
  • Zoning Description: OTR

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 122.02

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Forest Hills
  • High School: George Washington

Map

Range of Values:

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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 $122 $14,700 $1,000 $13,700
2023 $102 $12,200 $1,000 $11,200
2022 $102 $12,200 $1,000 $11,200
2021 $108 $12,900 $1,000 $11,900
2020 $108 $12,900 $1,000 $11,900
2019 $112 $13,300 $1,000 $12,300
2018 $106 $13,300 $1,000 $12,300
2017 $111 $13,900 $2,000 $11,900
2016 $101 $13,900 $2,000 $11,900
2015 $100 $13,700 $2,000 $11,700
2014 $100 $13,700 $2,000 $11,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $70,000 -- $28 / Sq Ft
Source: Central Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Warranty Deed $9,000 All Va Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $16,639 Non Purchase Money Mortgage
Source: Public Records

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    • 140 N Hunter St
    • Danville, VA

    Possible DUPLEX with light-to-moderate rehab, DIRECTLY down the street from Danville Caesar's Casino. This home could be a decent sized single family home or a convenient duplex with finishing touches. Already has 2 front entrances, 2 living rooms, 2 BIG eat-in kitchens, 2 bathrooms (1 kitchen & 1 bath not completed) 4 upstairs bedrooms, 2 main level bedrooms, and 2 basement laundry rooms /

    Rick Fain JEFF DAVIS & ASSOCIATES, LLC

    Section Image

Source: Central Virginia Regional MLS

MLS Number: 2519781

Central Virginia Regional MLS

APN: 02992