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166 Martins Lane, 
Madison Heights, VA 24572

$300,000


Bed


Bath


2,300

Sq Ft


Multi-Family

Pending

Listed by

Liz Pino

eXp Realty LLC-Fredericksburg

8257169

Last updated:

June 10, 2025, 07:16 AM

MLS#

359511

Source:

VA LAR

About This Home

166 Martins Lane

Turnkey investment opportunity! Looking for a well-maintained & low-maintenance rental property? This could be it. Quaint duplex on a quiet street in Madison Heights. Offering 2,300 of finished square feet, 5 beds, 2 baths, & currently rented under market value. Upstairs unit features 3 bedrooms, 1 full bathroom, eat-in kitchen, a den/office, & flexible bonus space. Downstairs unit features 2 bedrooms, 1 full bath, eat-in kitchen, & cozy living room. Both units have hardwood floors throughout & updated laminate flooring. New tile in downstairs shower & both septic systems serviced November 2024. County water is shared, monthly bill paid by owner. All other utilities + expenses paid by tenants. Separate utilities are electric meters, water heaters, & laundry. Shared utility room has 2 washer/dryer sets. Each unit has their own dedicated driveway & separate storage buildings. Currently rented to reliable tenants who want to stay. 48 hr notice for all showings. Call to schedule a tour!

Home Facts

Multi-Family

Built in 1969

Price Summary

300,000

$130 per Sq. Ft.

MLS #:

359511

Last Updated:

June 10, 2025, 07:16 AM

Added:

15 day(s) ago


Rooms & Interior

Interior

Living Area:

2,300 Sq. Ft.


Structure

Structure

Building Area:

2,300 Sq. Ft.

Year Built:

1969


Lot

Lot Size (Sq. Ft):

32,670


Finances & Disclosures

Finances

Price:

$300,000

Price per Sq. Ft:

$130 per Sq. Ft.

Source:VA LAR
The information being provided by Lynchburg 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 Lynchburg Association of Realtors All rights reserved.

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