Tenant-Occupied, Income-Producing Investment Opportunity in MartinsvilleTurnkey rental property with established tenant and immediate cash flow at 402 College St in Martinsville, VA. This well-maintained investment offers consistent rental income, efficient operating expenses, and strong long-term upside in a market with proven tenant demand.The property is currently tenant occupied, providing investors with instant income from day one--no vacancy, no leasing delays. Its functional layout and low-maintenance features make it ideal for buy-and-hold investors seeking reliable returns and portfolio stability.Conveniently located near downtown Martinsville, employment centers, shopping, and local amenities, this property benefits from a location that supports ongoing rental demand and
SPECTACULAR VIEWS of the Blue Ridge Mountains from this newly renovated (2025) home including opening up space between the family room, great room and kitchen that has made it brighter and improved the flow of the floor plan. The crawl space has been completely encapsulated to make it free of allergens. The inground pool has been converted to a salt-water system for easier maintenance (all pool equipment & auto-vacuum stays). New board fencing along the front of the property as well as a new pet enclosure on the side. Inside has been redone with new flooring throughout, new light fixtures, newly renovated kitchen with upgraded appliances, and fresh paint. All the bathrooms had already been redone during the last remodel in 2014. See more..
Welcome to this fully upgraded, move-in-ready one-level home offering 3 bedrooms and 1 bathroom all thoughtfully renovated from top to bottom for modern living with low-maintenance ownership. Bright and brand new luxury vinyl plank throughout entire home complemented with sleek matte black finishes and all new exterior and interior lighting combined with ample natural light. The kitchen has been completely refreshed with new cabinetry , countertops , and stainless steel appliances! Major system upgrades provide peace of mind include: new roof, new gutters, new water heater and new mini-split systems for efficient heating and cooling year round. Outside you'll enjoy a front patio perfect for relaxing , a private driveway , and a storage building in backyard . Fresh mulch landscaping
Discover this beautifully updated 2-bedroom, 1-bathroom Cottage style home in Martinsville, ideally situated near shopping and restaurants in a peaceful neighborhood. Bask in the luminous, open interior, with ample windows that flood the space with an abundance of natural sunlight. The full basement provides tons of storage space or workshop possibilities!The spacious backyard provides plenty of room for outdoor activities, gardening, or peaceful relaxation, framed by a beautiful tree line that creates a serene, natural backdrop.Move-in ready, this cozy gem provides comfort and convenience without the urban rush. Perfect for first-time buyers or downsizers!
Remodeled 3 bedroom 1.5 bath singlewide with addition, located on 2 acres of land. Great Outbuildings for storage and workshop. Located approx. 20 Min to Rocky Mt and Martinsville an d approx. 30 to SML. Convenient to Elementary School and play grounds. Great Starter home or investment property. Possible Owner Financing
An absolutely Charming home in the heart of Martinsville! This home features 2 beds and 2 full baths. This home has a ton of additional space to move about, including an unfinished basement that could be utilized as a family room, den, or additional sleeping quarters. Not to enter the sunroom at the back of the house it is unstable. Schools: Albert Harris Elementary, Martinsville middle & high school.
Great Investment Opportunity! Current renter in place. Instant equity based on recent appraisal (2/18/25) at $105,000. Showings must be scheduled a minimum of 3 days in advance. Call/text LA to schedule a showing!
Beautifully renovated 3-bedroom, 2-bath home featuring a versatile upstairs bonus room and finished basement. Enjoy the charm of refinished hardwood floors paired with modern updates throughout. The kitchen boasts brand-new stainless steel appliances, while major upgrades include a new roof and HVAC system for peace of mind. Move-in ready and offering plenty of flexible living space, this home combines classic character with modern convenience.
This beautifully updated 1 ½ story home offers nearly 2,000 sq. ft. of modern living space with 4 bedrooms, 2 full bathrooms, and a versatile bonus room. The primary suite and an additional bedroom are conveniently located on the main level, while two bedrooms and the bonus are upstairs. Recent updates include a brand-new roof and HVAC system, giving you peace of mind. With stylish updates and a thoughtful layout, this home is ready for you to move in and enjoy!
Charming 4 Bedroom, 3 bath home that's move-in ready!! There is so much to love about this renovated gem! Updates include, granite counter tops, stainless steel appliances, freshly painted walls, all new flooring, new fixtures throughout and much more! Plenty of space for your storage needs in the roomy finished basement or could be used as a separate living space with a full bath and bedroom!

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Information is deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Xome Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Copyright © 2026 TRIADMLS. All rights reserved.
Martinsville is located in Virginia. Martinsville, Virginia has a population of 13,476. Martinsville is less family-centric than the surrounding county with 15.43% of the households containing married families with children. The county average for households married with children is 15.43%.
The median household income in Martinsville, Virginia is $36,832. The median household income for the surrounding county is $36,832 compared to the national median of $69,021. The median age of people living in Martinsville is 40.6 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 6 inches of snow per year.