540 Madison St

870 Sq. Ft.
$46 / Sq. Ft.
870
Sq. Ft.
$46
per Sq. Ft.

Description

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...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.
  1. Listed by Richard Shinault • KW Bristol
  2. Listed by Dawn Shinault • KW Bristol

Property Details for 540 Madison Street

Architectural Style
Bungalow
Zoning
R-1
Subdivision
Not Listed
LISTING UPDATED: 01/12/2026 09:25 AM

Property Details for 540 Madison Street

StatusActive
MLS #9980528
Days on Market233
Taxes$449 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.27 AC / 11,761 SF
CountyBristol Independent City

Location

Listing Courtesy of KW Bristol, Richard Shinault; KW Bristol, Dawn Shinault
Add your commute

Building Information for 540 Madison Street

Stories1Year Built1948Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$232 per month

30 year fixed, 6.15% Interest

Principal and Interest

$194

Property Taxes

$37

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 540 Madison Street

Summary
Location and General Information
  • City: Bristol
  • County: Washington
  • Directions: From Valley Drive in Bristol Va/Intersection of Texas Avenue: Travel Texas Avenue-right on Rhode Island-Right on Madison St
  • Latitude: 36.61
  • Longitude: -82.17
  • Postal Code: 24201
  • State Or Province: VA
  • Topography: Sloped
  • MLS Area Major: 101 - Bristol VA (City)
  • MLS Area Minor: 101 - Bristol VA (City)
  • General Property Description : Zoning: R-1
Taxes and HOA Information
  • Association: No
  • Parcel Number: 18 6 39
  • Association Fee: 0.0
  • Location Tax Legal Info : City Taxes: $449.00
  • Location Tax Legal Info : County Taxes: $.00
School Information
  • High School: Virginia
  • Middle Or Junior School: Virginia Intermediate
  • Elementary School: Virginia Primary
Property
Lot Information
  • Lot Size Dimensions: 64 X 146 IRR
  • Lot Size Square Feet: 11,761.20
  • Lot Size Acres: 0.27
  • Lot Size Area: .27
  • Lot Size Units: Acres
  • Living Area: 870.00
  • Building Area Total: 1,740.00
  • General Property Description : Acres: .27
  • General Property Description : Above Grade SqFt: 870.0
  • General Property Description : Total SqFt Unfinished: 870.0
  • SqFt Details : Finished SqFt Level: 870
  • SqFt Details : Basement Total SqFt: 870
  • SqFt Details : Garage Total SqFt: 0
Property and Assessments
  • Property Condition: Below Average, Fixer
  • Property Type: Residential,Single Family Residence
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Property Type Label: Residential
  • New Construction: No
  • Showing Instructions : Vacant: Yes
Utilities
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Bathrooms Total Decimal: 1.00
  • Rooms Total: 6
  • Bathrooms Total Integer: 1
  • Bathrooms Total Notational: 1.00
  • Cooling: No
  • Heating: No
  • Levels: One
  • Stories: 1
  • General Property Description : Stories: 1
  • BedroomsTotal: 2
  • Bathrooms Full: 1
Exterior Features
  • Construction Materials: Block, Concrete, Stucco, Plaster
  • Roof: Composition
  • Heating : Heat Pump: None
  • Senior Community: No

Property History for 540 Madison Street

DateEvent & SourcePriceAppreciation
Jan 12, 2026

Price Change

Tennessee Virginia Regional MLS #9980528

$39,900
Dec 26, 2025

Price Change

Tennessee Virginia Regional MLS #9980528

$45,900
Dec 12, 2025

Listed (Active)

Tennessee Virginia Regional MLS #9980528

$59,900
Nov 30, 2025

Expired

Tennessee Virginia Regional MLS #9980528

$47,900
Nov 8, 2025

Price Change

Tennessee Virginia Regional MLS #9980528

$49,900
Aug 10, 2025

Price Change

Tennessee Virginia Regional MLS #9980528

$56,900
Jul 8, 2025

Price Change

Tennessee Virginia Regional MLS #9980528

$57,900
Jun 14, 2025

Price Change

Tennessee Virginia Regional MLS #9980528

$58,900
May 21, 2025

Listed (Active)

Tennessee Virginia Regional MLS #9980528

$59,900
DateEvent & SourcePrice
01/12/2026

Price Change

Tennessee Virginia Regional MLS #9980528

$39,900
12/26/2025

Price Change

Tennessee Virginia Regional MLS #9980528

$45,900
12/12/2025

Listed (Active)

Tennessee Virginia Regional MLS #9980528

$59,900
11/30/2025

Expired

Tennessee Virginia Regional MLS #9980528

$47,900
11/08/2025

Price Change

Tennessee Virginia Regional MLS #9980528

$49,900
08/10/2025

Price Change

Tennessee Virginia Regional MLS #9980528

$56,900
07/08/2025

Price Change

Tennessee Virginia Regional MLS #9980528

$57,900
06/14/2025

Price Change

Tennessee Virginia Regional MLS #9980528

$58,900
05/21/2025

Listed (Active)

Tennessee Virginia Regional MLS #9980528

$59,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Madison Street

Taxable ValueLand$15,000Additions$80,800Total$95,800
Tax Record2025$891 ($74 / month)
Home Facts
Beds2Baths1Total Finished SqFt870 SqFtAbove Grade Finished SqFt870 SqFtStories1StyleSingle Family ResidenceYear Built1948CountyBRISTOLAPN18 6 39

Schools near 540 Madison Street

This home is within Bristol City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Highland View Elementary School
PublicPK to 5

Virginia Middle School
Public6 to 8

Virginia High School
Public9 to 12

Washington Lee Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

540 Madison Street is a single family home for sale in Bristol, VA 24201. This property was listed for sale on May 21, 2025 by KW Bristol, it's currently listed at $39,900. This listing's school district is Bristol City Public Schools. Nearby schools include Highland View Elementary School, Virginia Middle School and Virginia High School. 540 Madison Street is a 2-bed, 1-bath, 870 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Bristol, Richard Shinault; KW Bristol, Dawn Shinault

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.