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350 Powell Road, 
South Boston, VA 24592

$3,790,000

—

Bed

—

Bath

45,402

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Jason Clark

Long And Foster - South Boston

434-575-1100

Last updated:

January 7, 2026, 03:52 PM

MLS#

71598

Source:

VA SPLLAR

About This Home

350 Powell Road

Great Investment Opportunity! Greens Folly Apartments consists of 9 low-maintenance brick buildings with a total of 65 units. Addresses are 1005, 1006, 1015, 1016, 1025, & 1026 Harris Dr; 350 Powell Rd; 319 & 323 Valley Dr South Boston, Va. There are 27 one bedroom, 29 two bedroom, and 9 three bedroom apartments, situated on 7.98 acres. The location is just minutes from retail, medical care, schools, and dining making this a top choice for prospective tenants. This 45,402-sq-ft property presents a favorable density profile and potential for future value-add strategies. Don't miss out on this property, which offers immediate scale, a favorable unit mix, and significant land value, and is positioned to capitalize on major regional economic drivers such as Virginia International Raceway, South Boston Speedway, Caesars Virginia Casino, & Hitachi Energy that has an expansion planned, creating over 800 new jobs. Buyer/Buyer's agent to verify all information.

Home Facts

Multi-Family

Built in 1968

Price Summary

3,790,000

$83 per Sq. Ft.

MLS #:

71598

Last Updated:

January 7, 2026, 03:52 PM

Rooms & Interior

Interior

Living Area:

45,402 Sq. Ft.

Structure

Structure

Building Area:

45,402 Sq. Ft.

Year Built:

1968

Lot

Lot Size (Sq. Ft):

347,608

Finances & Disclosures

Finances

Price:

$3,790,000

Price per Sq. Ft:

$83 per Sq. Ft.

Source:VA SPLLAR
The information being provided by Southern Piedmont Land & Lake 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. © 2026 Southern Piedmont Land & Lake Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.