Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income listed is based on projected rent of $750 per unit or $72K annually. Minimal expenses include real estate taxes, insurance, PSA water & sewer and dumpster of approximately $10K per year. Income producing laundry room included. lot size, rents and expenses are estimated. Buyer to verify.
For sale
$625,000
79 Ridgemont Cir, Collinsville, VA 24078
--beds
--baths
6,300sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$600,900 Zestimate®
$99/sqft
$-- HOA
What's special
Luxury vinyl plank flooringPrivate settingFresh paintNew fixtures
- 61 days |
- 234 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
ELLE WILK 276-299-2166,
SOUTHERN VIRGINIA PROPERTIES
Source: RVAR,MLS#: 925582
Tour with a local agent
Facts & features
Interior
Heating
- Other - See Remarks
Cooling
- Other - See Remarks
Features
- Has basement: No
Interior area
- Total structure area: 6,300
- Total interior livable area: 6,300 sqft
Property
Parking
- Total spaces: 16
- Parking features: Private (10 or More)
Lot
- Size: 1.3 Acres
Details
- Parcel number: 40.3(055 )000B/010 ,11
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Completed
- Year built: 1984
Utilities & green energy
- Electric: 0 Phase
- Sewer: Private Septic
Community & HOA
Community
- Features: Cable TV
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Collinsville
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $161,600
- Annual tax amount: $1,460
- Date on market: 3/20/2026
- Tenant pays: Cable TV, Electricity
Estimated market value
$600,900
$571,000 - $631,000
$1,049/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Pending sale | $625,000$99/sqft |
Source: MVMLS #149946 Report a problem | ||
| 3/20/2026 | Listed for sale | $625,000+145.1%$99/sqft |
Source: | ||
| 2/21/2023 | Listing removed | -- |
Source: MVMLS Report a problem | ||
| 12/22/2022 | Pending sale | $255,000$40/sqft |
Source: MVMLS #138817 Report a problem | ||
| 12/22/2022 | Listing removed | -- |
Source: MVMLS Report a problem | ||
| 12/21/2022 | Pending sale | $255,000$40/sqft |
Source: MVMLS #138817 Report a problem | ||
| 12/21/2022 | Listed for sale | $255,000+6.3%$40/sqft |
Source: MVMLS #138817 Report a problem | ||
| 12/20/2022 | Sold | $240,000$38/sqft |
Source: MVMLS #138817 Report a problem | ||
| 6/2/2018 | Listing removed | $350 |
Source: Berry-Elliott, REALTORS #132032 Report a problem | ||
| 3/15/2018 | Listed for rent | $350+2.9% |
Source: Berry-Elliott, REALTORS #132032 Report a problem | ||
| 10/12/2017 | Listing removed | $340 |
Source: Berry-Elliott, REALTORS #131453 Report a problem | ||
| 9/22/2017 | Listed for rent | $340 |
Source: Berry-Elliott, REALTORS #131453 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $897 | $161,600 |
| 2023 | $897 | $161,600 |
| 2022 | $897 | $161,600 |
| 2021 | $897 | $161,600 |
| 2020 | $897 | $161,600 |
| 2019 | $897 -44.5% | $161,600 |
| 2018 | $1,616 -98.2% | $161,600 |
| 2017 | $89,688 +17.7% | $161,600 +3.5% |
| 2016 | $76,177 | $156,100 |
| 2015 | $76,177 | $156,100 |
| 2014 | $76,177 +9900% | $156,100 |
| 2013 | $762 +6.1% | $156,100 |
| 2012 | $718 -99% | -- |
| 2011 | $71,806 | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 24078
Nearby schools
GreatSchools rating
- 7/10John Redd Smith Elementary SchoolGrades: PK-5Distance: 4 mi
- 4/10Fieldale-Collinsville Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Bassett High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Henry County
- Martinsville
- 24078
- 79 Ridgemont Cir







