This is a great investment opportunity. The homes are in good shape, and this is a turnkey operation. Just purchase and start collecting rent. Some tenants have been in place for over 10 years. Most are on a month to month, so it could work for a variety of other situations as well. If you want to buy a place that will get everyone in one location, it would be great for that as well. You are buying 4 home, a single-wide mobile home, and a 24X40 shop for one money. This property is conveniently located across from the Food City shopping center, and is within walking distance to everything in Independence. It's also just 5 miles to the New River. You have 3 homes that are 2 BR 1 BA, and one that is 3 BR 2 BA. The singlewide is 2 BD 1 BA. The 4 stick built homes have new metal roofs as well. Call for details regarding rent collected, and discuss potential income for you. All 5 units are currently occupied. Shown to qualified buyers only. Call for your appointment, 24 hour notice required.
Sold for $318,000 on 01/06/23
$318,000
115-122 Kings Row, Independence, VA 24348
11beds
3baths
4,209sqft
Multi Family
Built in 1945
-- sqft lot
$368,300 Zestimate®
$76/sqft
$1,407 Estimated rent
Home value
$368,300
$331,000 - $409,000
$1,407/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Keith Clark 276-237-0002,
BHHS- Mountain Sky Properties-Hillsville
Bought with:
Elaine Smith, 0225239057
BHHS- Mountain Sky Properties-Hillsville
Source: SWVAR,MLS#: 84184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
Basement
- Area: 0
Heating
- Oil, Monitor
Cooling
- None
Appliances
- Included: Range/Oven, Washer, Refrigerator, Dryer, Other, Electric Water Heater, 3 Bdrm-Dishwasher, 3 Bdrm-Stove, 3 Bdrm-Refrigerator
- Laundry: Main Level
Features
- Flooring: Newer Floor Covering, Carpet
- Windows: Wood Frames
- Basement: Crawl Space,Basement/Foundation Other/See Remarks
- Fireplace features: None
Interior area
- Total structure area: 4,209
- Total interior livable area: 4,209 sqft
- Finished area above ground: 4,209
- Finished area below ground: 0
Property
Parking
- Details: Garage/Carport
Features
- Water view: None
- Waterfront features: None
Lot
- Size: 1.63 Acres
Details
- Additional structures: Outbuilding
- Zoning: n/a
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Dry Wall
- Foundation: Basement/Foundation Other/See Remarks
- Roof: Metal
Condition
- Exterior Condition: Good,Interior Condition: Average
- Year built: 1945
Utilities & green energy
- Electric: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Independence
Other
Other facts
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2023 | Sold | $318,000-9.1%$76/sqft |
Source:  SWVAR #84184 | ||
| 10/27/2022 | Contingent | $350,000$83/sqft |
Source: SWVAR #84184 | ||
| 9/15/2022 | Listed for sale | $350,000$83/sqft |
Source: SWVAR #84184 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 24348
Nearby schools
GreatSchools rating
- 5/10Independence Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Independence Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Grayson County High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Independence
- High: Grayson County
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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