$1,543 Closing Credit¹
Stacy Powell, Listing Office: Keller Williams
#2430440·
Listing Office: Dudley Resources·
Listing Agent: Philip Bonnie·
Listing Office Phone: (804) 709-1954
$1,437
closing credit¹
121 Tate St Danville, VA 24540
$121,000 List price
$1,437
Closing credit¹
4 beds
1 full, 1 partial
1,700 sqft
0.2 acres
$71 / sqft
House
Property details
About 121 Tate St
Take advantage of the cheap property taxes and the new CAESARS CASINO to maximize your investment portfolio with 8 rentable units in 4 houses. Discover this beautifully remodeled 1,700 sq ft two-story home offering both classic charm and modern potential. Set on a generous quarter-acre lot (10,328 sq ft) adorned with fruit trees, this property presents multiple opportunities for savvy investors. Property Highlights Versatile 4-bedroom layout with first-floor master suite Recently remodeled interior with preserved hardwood floors Fully equipped with appliances including washer/dryer Efficient dual heating system Durable metal roof Welcoming covered front porch Investment Opportunity Units Rental Breakdown: 2 Bedrooms @ $525 Per month 1 Bedroom in the Back w/ office @$650 Per Month 1 Rear Separate, Detached unit ( when finished) $1,000 Per month Ready-to-convert detached studio perfect for rental income Flexible space for in-law suite or efficiency apartment Multiple bathroom addition potential Separate rear house with kitchen space Private setting with established landscape Location & Amenities Spacious private driveway Fenced yard with mature fruit trees Convenient storage options Well-maintained masonry sidewalks This turnkey property offers immediate rental potential while providing multiple pathways for value appreciation through strategic improvements. Perfect for investors seeking both current income and long-term growth potential in Danville's expanding market.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Size1,700 sqft
Lot size0.2371 Acres
Year built1919
MLS #2430440
Summary
- MLS Number: 2430440
- MLS Name: CVR
- Office Name: Dudley Resources
- Office Phone: (804) 709-1954
- Office Email: info@dudleyresources.com
- Listing Agent: Philip Bonnie
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$121,000
121 Tate St
$1,437
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $21,300 | $178 |
| 2020 | $21,300 | $178 |
| 2019 | $21,500 | $180 |
| 2018 | $21,500 | $172 |
History based on county public records data.
Nearby schools
1
G.L.H. Johnson Elementary School
Public District KG-3
0.9 mi
•680 Arnett Blvd
2
Woodberry Hills Elementary School
Public District KG-3
1.4 mi
•614 Audubon Dr
5
Forest Hills Elementary School
Public District KG-5
3.0 mi
•155 Mountain View Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,518. Typical income of Danville, VA residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
33%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
What types of families live nearby?
57%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
36%
35-64 yrs old
37%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Ram
What do the neighbors listen to?
Oldies
Country
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 121 Tate St
This home is located at 121 Tate St in Danville, VA and zip code 24540. This 1,700 square foot home, which was built in 1919, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $121,000.
The inventory of homes for sale in Danville, VA between November and December 2024 decreased by 3.8%. While the average time on the market in December 2024 was 64 days, the median list price was $119,900.
From Rocket Homes Real Estate and based on county public records data.