612 E Church ST, Martinsville, VA 24112 (MLS# 924342)

$480,000

612 E Church ST
Martinsville, VA 24112
MLS# 924342

1 / 1

Property Description
Beautifully remodeled investment opportunity with established rental history and strong tenant demand. This well-maintained property offers consistent cash flow, efficient operating expenses, and long-term upside. Ideal for buy and hold investors or portfolio expansion. Convenient location near downtown, employment, and local amenities supports stable occupancy. A solid investment opportunity in a growing rental market. Property can be bought as a package deal with 402 College St, 216 College St, and 29 Broad St.

Details

Maps

General Property Description

Multi-Family Type: Apartments

Construction Status: Completed

Total Acreage: 0.57

# Furnished: 0

# Unfurnished: 0

# Leased Units: 4

Gross Bldg SQFT: 5310

Basement Y/N: No

Water Class: N/A

Parking Description: Private (1 - 9)

Gross Income: 4815

Year Built: 1930

Number of Units: 6

Operating Expense: 19236

Net Operating Income: 38544

Location, Tax & Legal

Major Area: 13 - City of Martinsville

Phase: 0

Lot: 0

Block: 0

Tax ID: 34 (03 )H /13

Annual Taxes: 2628

Section: 0

POA Y/N: No

Area: 1300 - City of Martinsville

Street Number: 612

Street Direction Pfx: E

Street Name: Church

Street Suffix: ST

State/Province: VA

Zip Code: 24112

Subdivision: N/A

Municipality: City of Martinsville

Elementary School: Other - See Remarks

Middle School: Other - See Remarks

High School: Other - See Remarks

Remarks & Misc

Directions: From downtown Martinsville, take E Church to 612 E Church College St. Property on right.

Limited Service

Not Limited Service: 1

Construction

Brick: 1

Heating

Baseboard Electric: 1

Cooling

None: 1

Window Unit(s): 1

Water Description

Public: 1

Sewer Description

Public Sewer: 1

Owner Expenses

Gas: 1

Water: 1

Tenant Expenses

Electricity: 1

Contract Information

Current Price: $480,000

List Price: $480,000

List Date: 2026-01-29

Status: Active

Property Features

Limited Service: Not Limited Service

Construction: Brick

Heating: Baseboard Electric

Cooling: None; Window Unit(s)

Water Description: Public

Sewer Description: Public Sewer

Owner Expenses: Gas; Water

Tenant Expenses: Electricity

Listing Office: KEYSTONE REALTY OF ROANOKE LLC

Last Updated: February - 15 - 2026

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