Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Select Real Estate, Inc.
Property view
Listing view 2
Listing view 3

203 Penny Lane, 
Independence, VA 24348

$189,900


4

Beds


2

Baths


1,659

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Alex Lineberry

Alex Lineberry Team Of Keller Williams Roanoke

540-208-6102

Last updated:

May 7, 2025, 02:58 PM

MLS#

99355

Source:

VA SWVAR

About This Home

203 Penny Lane

This unique property offers a solid return with 4 total units — one single-family home plus 3 income-producing single-wide mobile homes, that are currently rented. One mobile home is 3 bed rooms and 2 bathrooms. The other two are 3 bedrooms and 1 bathroom. The main home features a metal roof, large deck, paved driveway, laminate wood flooring, and tile accents. Conveniently located with easy access to town, this setup is ideal for investors or multi-generational living. Live in one and rent the rest — or add it to your portfolio as a turnkey investment.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1966

Price Summary

189,900

$114 per Sq. Ft.

MLS #:

99355

Last Updated:

May 7, 2025, 02:58 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,659 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,235 Sq. Ft.

Year Built:

1966


Lot

Lot Size (Sq. Ft):

52,315


Finances & Disclosures

Finances

Price:

$189,900

Price per Sq. Ft:

$114 per Sq. Ft.

Source:VA SWVAR
The information being provided by Southwest Virginia Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Southwest Virginia Association of REALTORS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.