#9981990, Erin Elise, Listing office: Holston Realty, Inc.
Property details
About 540 Madison St
Looking for a flip? A fixer upper? A great rental? Here it is! This home has been demoed and is ready for the rehab work to begin. A NEW Roof was installed in the past 3 months. Some new cabinets in the home goes with the sale. It must be CASH ONLY due to no permanent heat source and no water heater in the home. Full, high ceilinged basement adds to many possibilities with this one to add more finished living space. Buyers please be prepared to provide a proof of funds letter prior to viewing. No offers will be accepted without one! Buyers/Buyers agents please verify all info taken from third party sources.
Highlights
Home typeSingle Family Residence
StatusActive
Size870 sqft
Lot size0.27 Acres
Year built1948
MLS #9980528
Summary
- Full Bathrooms: 1
- Total Bedroom Count: 2
- Architectural Style: Bungalow
- Heating: None
- Cooling: None
- List Price: $57,900
- Price/SqFt: $66
- Annual Tax Amount: $449
- Tax Year: 2024
- Directions: From Valley Drive in Bristol Va/Intersection of Texas Avenue: Travel Texas Avenue-right on Rhode Island-Right on Madison St
- Year Built: 1948
- Living Area: 870 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 9980528
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: KW Bristol
- Office Phone: (423) 225-2703
- Office Email: kwbristol855@gmail.com
- Listing Agent: Richard Shinault, Dawn Shinault
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 7/31/2025, 12:50:32 AM 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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $40,100 | $449 |
| 2023 | $40,100 | $469 |
| 2022 | $40,100 | $449 |
| 2021 | $40,100 | $449 |
History based on county public records data.
Nearby schools
8
Highland View Elementary School
Public District PK-5
0.2 mi
•1425 Eads Ave
6
Washington Lee Elementary School
Public District PK-5
0.7 mi
•Washington Lee Dr
4
Fairmount Elementary School
Public District PK-5
1.4 mi
•821 Virginia 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 $23,420. Residents of Bristol, VA typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
19%
Single, with Kids
27%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540 Madison St
The listing price of 540 Madison St property is $57,900.
The property 540 Madison St is a house located in Bristol, Virginia, 24201.
Active Listing: 540 Madison St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540 Madison St are: Highland View Elementary School (GreatSchools Rating 8/10), Washington Lee Elementary School (GreatSchools Rating 6/10), Fairmount Elementary School (GreatSchools Rating 4/10), Virginia Middle School (GreatSchools Rating 5/10), Tennessee Middle School (GreatSchools Rating 6/10), Wallace Middle School (GreatSchools Rating 8/10), Virginia High School (GreatSchools Rating 4/10), Tennessee Online Public School (GreatSchools Rating 7/10), Tennessee High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $449 (source: MLS/based on county public records data).
The property at 540 Madison St has 2 bedrooms and 1 bathroom.
The property 540 Madison St is 870 SqFt (source: MLS/tax record).
The year of construction for 540 Madison St is 1948.
This home is located at 540 Madison St in Bristol, VA and zip code 24201. This 870 square foot home, which was built in 1948, sits on a 0.27 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $57,900.
Bristol, VA housing market in June 2025 saw over 6 listings sold above listed price, more than 10 sold at listed price and over 22 sold below. In June 2025 in Bristol, VA there were 1.2% more homes for sale than in May. In June 2025, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $225,000.
From Rocket Homes Real Estate and based on county public records data.