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$70,000

324 E Thomas St Danville, VA 24540

2,464 sqft
0.08 acres
$28 / sqft
Multi-Family

Property details

About 324 E Thomas St

Prime investor opportunity! This duplex is a diamond in the rough, offering major upside potential with a value-add renovation. Currently priced below market, it's perfect for investors looking to force appreciation and boost cash flow. Strong rental demand in the area ensures high returns once updated. Bring your contractor and turn this into a high-performing asset—ideal for building long-term wealth!

Highlights

Home typeMulti Family
StatusActive
Size2,464 sqft
Lot size0.0832 Acres
Year built1908
ParkingNo Garage, None
MLS #2519781

Summary

  • Basement: No
  • Interior: Laminate Counters
  • Parking: No Garage, None
  • Architectural Style: Two Story, Low Rise
  • List Price: $70,000
  • Price/SqFt: $28
  • Annual Tax Amount: $108
  • Tax Year: 2023
  • Lot: Level
  • Directions: Use GPS
  • Year Built: 1908
  • Stories: 1
  • Living Area: 2,464 SqFt
  • Lot Size: 0.0832 Acres
  • MLS Number: 2519781
  • MLS Name: CVR
  • Office Name: Real Broker LLC
  • Office Email: membership@therealbrokerage.com
  • Listing Agent: Ivy Stewart

IDX 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: 7/16/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$12,200$108
2021$12,900$108
2020$12,900$108
2019$13,300$111
2018$13,300$106

History based on county public records data.

Nearby schools

2

Woodberry Hills Elementary School

Public District KG-3

1.6 mi

614 Audubon Dr

1

G.L.H. Johnson Elementary School

Public District KG-3

1.9 mi

680 Arnett Blvd

3

E. A. Gibson Elementary School

Public District KG-5

2.0 mi

1215 Industrial Ave

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 $13,906. Most Danville, VA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

72%
<35k
25%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
19%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Frequently asked questions

About 324 E Thomas St

The listing price of 324 E Thomas St property is $70,000.

The property 324 E Thomas St is a multi located in Danville, Virginia, 24540.

Active Listing: 324 E Thomas St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 324 E Thomas St are: Woodberry Hills Elementary School (GreatSchools Rating 2/10), G.L.H. Johnson Elementary School (GreatSchools Rating 1/10), E. A. Gibson Elementary School (GreatSchools Rating 3/10), Westwood Middle School (GreatSchools Rating 4/10), O. Trent Bonner Middle School (GreatSchools Rating 3/10), Dan River Middle School (GreatSchools Rating 7/10), Galileo Magnet High School (GreatSchools Rating 7/10), George Washington High School (GreatSchools Rating 1/10), Dan River High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $108 (source: MLS/based on county public records data).

The property 324 E Thomas St is 2,464 SqFt (source: MLS/tax record).

The year of construction for 324 E Thomas St is 1908.

This home is located at 324 E Thomas St in Danville, VA and zip code 24540. This 2,464 square foot home, which was built in 1908, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $70,000.

The number of homes for sale in Danville, VA did not change between May and June 2025. Listings spent 83 days on the market in June 2025, and had a median list price of $145,000 during the same period.

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

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