5920 Farmville Rd Farmville, VA $ 429,900
5920 Farmville Rd
$ 429,900
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5920 Farmville Rd

Farmville, VA, 23901
$ 429,900
Bedrooms13 Baths7.2

Monthly Estimate*

$ 2,969

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Multi-Family Home for sale in Farmville, VA

for $429,900 with 13 bedrooms and 7 full baths, 2 half baths. This home was built in 1930 on a lot size of 2.82.

Investor's dream with massive upside potential. This 15-unit portfolio includes a renovated 1930s main home, 14 single-wide mobile homes, and a 3050 metal shop with 12' ceilings plus two 1224 attached sheds with office potential all on one parcel. Units range from 2/1 to 2/1.5 and are in various stages of condition, offering immediate renovation upside. Previously rented at $700/mo per mobile home and $1,500/mo for the main house. The shop and office space provide additional income potential. A high-flow artesian well serves all 15 units with metered billing at $25/mo for the first 1,500 gallons. Grandfathered septic system serves the full property. One unit sustained fire damage and will require removal/replacement. Additional capital investment required but stabilized rents at a 9-cap yield an ARV exceeding $1,100,000. Opportunities like this are rare. Schedule your showing today.

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Multi-Family Active

Price

$ 429,900

Bedrooms

13

Full Bath

7

Half Bath

2

Property Type

Multi-Family

Taxes

$ 1,526

Style

Multi-Family

Lot Size

2.82

Year Built

1930

Town/City

Farmville

County/Region

Prince Edward

MLS | Web ID

367258

Features
General
Living Area 0.00
Sewer Septic Tank
Heating Forced Warm Air-Oil Heat Pump
Cooling Window Unit(s)
HOA Fee 0.00
Year Built 1930
Property Subtype Multi-Family
Gross Income 140000.00
County Prince Edward
Net Operating Income 0.00
Insurance Expense 0.00
Property Type Multi-Family
MaintenanceExpense 0.00
Close Price 0.00
Status Active
Directions From HWY 460 South of Farmville Take Rt 15 South (Farmville Rd) approx 3.7 Miles south to property on Right. Apollo Dr splits 12 of the singlewides and #5920 is the house with concrete circle drivew
City Farmville
High School District Prince Edward
Number Of Units Total 15
MLS Area Prince Edward
Lot Size Units Acres
Lot Size Square Feet 122839.00
Electric Expense 0.00
Water Sewer Expense 0.00
Availability Date 1800-01-01
Lease Type Net
Legal Description RICE
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Interior
Flooring Carpet Vinyl Other
3/4 Baths 0
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Exterior
Parking Features 2 Spaces/Unit Guest Parking Off Street Parking Unpaved Drive
Water Source Well
Lot Size Acres 2.8200
Lot Size Source (Public Records)
Foundation Area 0.00
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Internal Only
Street Number 1 5920
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* Excluded Features
List By
KarlMiller

Listing Agent

Karl Miller Realty Llc

Broker

karl@karlmillerteam.com

Email

Affordability Calculator

$3,096
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,969
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2591913 Elementary School
2591919 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2026$429,900 Listed Price

Map


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5920 Farmville Rd, Farmville, VA, 23901 is a Multi-Family Home for sale at $429,900 with a lot size of 2.82. 5920 Farmville Rd has 13 bedrooms, 7.2 baths, and was built in 1930. The property's zip code is 23901 which is in Farmville, VA