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$399,000

284 Farmers Mountain Rd Gretna, VA 24557

4,800 sqft
0.9 acres
$83 / sqft
Condo

Property details

About 284 Farmers Mountain Rd

This single-level apartment building comprises 12 units, offering a blend of rental stability and potential for growth. Currently, 8 units are rented. Additionally, 2 units are vacant and renovated, promising future rental income without immediate renovation costs. The remaining 2 vacant units need renovation, presenting an opportunity to increase the building's value. Each apartment features an open layout between the kitchen and living area, creating a spacious feeling that appeal to tenants. This apartment building represents a great investment opportunity, combining immediate rental income, potential for increased returns, and the chance to add value through renovations. With the right vision, this property could become a cornerstone of a successful real estate portfolio.

Highlights

Home typeCondominium
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
Size4,800 sqft
Lot size0.91 Acres
Year builtNew Const., 1993
ParkingPrivate (10 or More)
MLS #914601

Summary

  • Basement: No
  • Parking: Private (10 or More)
  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)
  • List Price: $399,000
  • Price/SqFt: $83
  • Directions: From Route 40 turn onto Farmers Mountain Road, building is on the RIGHT.
  • Year Built: 1993
  • Living Area: 4,800 SqFt
  • Lot Size: 0.91 Acres
  • MLS Number: 914601
  • Office Name: REAL BROKER LLC - MCLEAN

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. 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. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 15, 2022
Home Sold
$250,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

6

Gretna Elementary School

Public District PK-5

0.9 mi

302 Franklin Blvd S

5

Chatham Elementary School

Public District PK-5

8.0 mi

245 Chatham Elementary Ln

8

John L. Hurt Elementary School

Public District PK-5

10.6 mi

315 Prospect Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,912. The majority of Gretna, VA residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
51%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
9%
Single, with Kids
30%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 284 Farmers Mountain Rd

The listing price of 284 Farmers Mountain Rd property is $399,000.

The property 284 Farmers Mountain Rd is a condo located in Gretna, Virginia, 24557.

Active Listing: 284 Farmers Mountain Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 284 Farmers Mountain Rd are: Gretna Elementary School (GreatSchools Rating 6/10), Chatham Elementary School (GreatSchools Rating 5/10), John L. Hurt Elementary School (GreatSchools Rating 8/10), Gretna Middle School (GreatSchools Rating 6/10), Chatham Middle School (GreatSchools Rating 6/10), Dan River Middle School (GreatSchools Rating 7/10), Gretna High School (GreatSchools Rating 5/10), Altavista High School (GreatSchools Rating 3/10), Chatham High School (GreatSchools Rating 5/10).

The last sale was on September 15, 2022 for $250,000 (source: MLS/tax record).

The property at 284 Farmers Mountain Rd has 0 bathroom.

The property 284 Farmers Mountain Rd is 4,800 SqFt (source: MLS/tax record).

The year of construction for 284 Farmers Mountain Rd is 1993.

This home is located at 284 Farmers Mountain Rd in Gretna, VA and zip code 24557. This 4,800 square foot home, which was built in 1993, sits on a 0.91 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $399,000.

In June 2025 more than 0 listings in Gretna, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in Gretna, VA decreased by 5.9% between May and June 2025. Listings spent 20 days on the market in June 2025, and had a median list price of $126,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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