$49,900
PENDING

541 3rd Ave Danville, VA 24540

Estimated payment $292/month

Total Views 443
3 Beds
1 Bath
1,699 Sq Ft
$29 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 1-Story Property
  • Traditional Architecture
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

Attention investors and flippers! Bring your toolbelt and your vision to this 3-bedroom, 1-bathroom traditional home offering incredible upside potential. Located in an established neighborhood, this property features a solid 1,699 sq. ft. footprint, making it the perfect candidate for a profitable buy-and-resale flip or a high-yield addition to your rental portfolio. The home needs a full rehab and is being sold strictly AS-IS, allowing you to customize finishes and build immediate equity. Homes with this much potential at this price point do not last long. Cash or hard money only. Schedule your showing today and capitalize on this diamond in the rough!

Listing Agent

Charles Smith

WELCOME HOME REALTY INC Brokerage Phone: 4347990500 License #0225017661 Listed on: 06/19/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $278

Year Built

  • Built in 1902

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned UR URBAN RESIDENTIAL

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • G.L.H. Johnson Elementary School
  • O. Trent Bonner Middle School
  • GWHS High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 00728

Home Details

Home Type

Single Family

Est. Annual Taxes

$278

Year Built

Built in 1902

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Head North from downtown Danville over the river. Turn right onto Locust Lane, then right onto Third Ave. 541 Third Ave is on your left. Look for the "Welcome Home Realty of Danville INC" sign.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1902
  • Attribution Contact: 4347990500
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Closed
  • Fireplace: Yes
  • Flooring: Carpet Over Hardwood, Tile, Wood
  • Living Area: 1699

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Exterior Features: None
  • Patio And Porch Features: Deck
  • Property Condition: 75 Plus Years Old
  • Roof: 16 to 25 Years Old

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Gas/Oil Pack, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: G.L.H. Johnson
  • High School: Gwhs
  • Middle Or Junior School: O. Trent Bonner

Lot Info

  • Lot Size Sq Ft: 7405
  • Parcel #: 00728
  • Zoning: UR URBAN RESIDENTIAL

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 278.05

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $278 $33,500 $2,600 $30,900
2024 $278 $33,500 $2,600 $30,900
2023 $207 $24,600 $2,600 $22,000
2022 $207 $24,600 $2,600 $22,000
2021 $198 $23,600 $2,600 $21,000
2020 $198 $23,600 $2,600 $21,000
2019 $196 $23,300 $2,600 $20,700
2018 $186 $23,300 $2,600 $20,700
2017 $199 $24,900 $3,900 $21,000
2016 $182 $24,900 $3,900 $21,000
2015 $187 $25,600 $3,900 $21,700
2014 $187 $25,600 $3,900 $21,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2026 06/24/26 Pending -- -- --
06/19/2026 06/19/26 For Sale $49,900 -- $29 / Sq Ft
Source: Dan River Region Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $11,000 --
Source: Public Records

Source: Dan River Region Association of REALTORS®

MLS Number: 78915

APN: 00728

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