5920 Farmville Rd

Sq. Ft.
/ Sq. Ft.
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per Sq. Ft.

Description

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...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.
  1. Listed by Karl Miller • Karl Miller Realty LLC
  2. Listed by Mike Guess • New Leaf Real Estate LLC

Property Details for 5920 Farmville Road

Parking
2 Spaces/Unit, Guest Parking, Off Street Parking, Unpaved Drive
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 driveway just past Apollo Dr.
LISTING UPDATED: 06/13/2026 02:55 PM

Property Details for 5920 Farmville Road

StatusActive
MLS #367258
Days on MarketListed Today
Taxes$1,526 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1930
Lot Size2.82 AC / 122,839 SF
CountyPrince Edward County

Location

Listing Courtesy of Karl Miller Realty LLC, Karl Miller; New Leaf Real Estate LLC, Mike Guess
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Building Information for 5920 Farmville Road

Stories-Residences15Year Built1930Building Size-Lot Size2.82 AC / 122,839 SF

Payment Calculator

$2,269 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,142

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5920 Farmville Road

Summary
Location and General Information
  • County/City: Prince Edward
  • State: VA
  • ZIP: 23901
  • Area: Prince Edward
  • Longitude: .00
  • Latitude: .00
  • City/Town: Farmville
Taxes and HOA
  • Tax Map/Parcel ID: 064-A-68
  • Estimated Taxes: $1,526.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • Elementary School: Prince Edward Cty-El
  • High School: Prince Edward Cty-HS
  • Middle School: Prince Edward Cty-Md
  • School District: Prince Edward
Property
Lot Information
  • Acres: 2.82
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 122839.0
  • Square Footage: 0.0
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1930
  • Age: 0
  • FIPS Code: 147
  • Legal Description: RICE
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: Septic Tank
  • Water Expense: $0
  • Water Heater: Individual
  • Water: Well
  • # of Water Meters: 0
  • Utility - Electric: Dominion VA Power
  • Electric Expense: $0
  • Shared Utilities: Indiv Meter/Electric, Indiv Meter/Water
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Aluminum Siding, Vinyl Siding
Interior Features
  • Flooring: Carpet, Vinyl, Other
  • Heating System: Forced Warm Air-Oil, Heat Pump
  • Internet Providers: Shentel, Other
  • Limited Services: No
  • Cooling: Window Unit(s)
  • Walls: Paneling, Other
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 15
  • Number of Unfurnished Units: 0
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Full Baths: 2
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: $1,500.00
  • Unit 1 Square Feet: 1850.0
  • Unit 1 Amenities: Balcony/Patio, Dryer Hookup, Porch, Smoke Alarm, Washer Hookup
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 1
  • Unit 2 Occupancy: Vacant
  • Unit 2 Rent Amount: $700.00
  • Unit 2 Square Feet: 720.0
  • Unit 2 Amenities: Dryer Hookup, Porch, Range/Oven, Washer Hookup
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Half Baths: 0
  • Unit 3 Occupancy: Vacant
  • Unit 3 Rent Amount: $700.00
  • Unit 3 Square Feet: 720.0
  • Unit 3 Amenities: Dryer Hookup, Range/Oven, Washer Hookup
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Half Baths: 0
  • Unit 4 Occupancy: Vacant
  • Unit 4 Rent Amount: $700.00
  • Unit 4 Square Feet: 720.0
Unit 5
  • Unit 5 Bedrooms: 2
  • Unit 5 Full Baths: 1
  • Unit 5 Half Baths: 0
  • Unit 5 Occupancy: Vacant
  • Unit 5 Rent Amount: $700.00
  • Unit 5 Square Feet: 720.0
Unit 6
  • Unit 6 Bedrooms: 2
  • Unit 6 Full Baths: 1
  • Unit 6 Half Baths: 1
  • Unit 6 Occupancy: Vacant
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 720.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Miscellaneous: Individual Laundry
  • Net Oper Income: $0
  • Annual Gross Income: $140,000

Property History for 5920 Farmville Road

DateEvent & SourcePriceAppreciation
Jun 13, 2026

Listed (Active)

Lynchburg Association of REALTORS #367258

$429,900
Mar 9, 2018

Sold (Public Record)

Public Record #1284447518

$400,000
DateEvent & SourcePrice
06/13/2026

Listed (Active)

Lynchburg Association of REALTORS #367258

$429,900
03/09/2018

Sold (Public Record)

Public Record #1284447518

$400,000

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

Public Records for 5920 Farmville Road

Taxable ValueLand$96,800Additions$257,700Total$354,500
Tax Record2024$1,282 ($107 / month)
Home Facts
Beds0Lot Size122,839 SqFtStyleSingle Family ResidenceCountyPRINCE EDWARDAPN064 A 68

Schools near 5920 Farmville Road

This home is within Prince Edward County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Prince Edward Elementary School
PublicPK to 4

Prince Edward Middle School
Public5 to 8

Prince Edward County High School
Public9 to 12

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

5920 Farmville Road is a multi-family home for sale in Farmville, VA 23901. This property was listed for sale on June 13, 2026 by Karl Miller Realty LLC, it's currently listed at $429,900. It has been on the market for a total of 0 days and was last sold on March 9, 2018. This listing's school district is Prince Edward County Public Schools. Nearby schools include Prince Edward Elementary School, Prince Edward Middle School and Prince Edward County High School. 5920 Farmville Road is a 13-bed, 9-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Karl Miller Realty LLC, Karl Miller; New Leaf Real Estate LLC, Mike Guess

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.