79 Ridgemont Cir

Collinsville, VA 24078

$625,000
Price
1
Bed
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New
IMG_1381 Resized
IMG_1385
IMG_1394
IMG_1387
IMG_1389
IMG_1391
IMG_1392
IMG_1393
IMG_1386
IMG_1390
2D Floor Plan for 79 Ridgemont Circle Su

Description

Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income...Newly renovated 8 unit apartments, one bedroom, one bath each in a private setting in the Collinsville area of Henry County, VA. Renovations include luxury vinyl plank flooring, fresh paint, and new fixtures. Roof replaced in 2022-2023 per previous owner. Schools, shopping, hospital and two colleges are within 10 miles. Easy commute north to Roanoke (45 min) , south to Greensboro, NC (1 hr) and east to Danville, VA (30 min). As renovations are being completed now, the units are vacant. The income listed is based on projected rent of $750 per unit or $72K annually. Minimal expenses include real estate taxes, insurance, PSA water & sewer and dumpster of approximately $10K per year. Income producing laundry room included. lot size, rents and expenses are estimated. Buyer to verify.
  1. Listed by ELLE WILK • SOUTHERN VIRGINIA PROPERTIES

Property Details for 79 Ridgemont Circle

Subdivision Name
N/A
Covered Spaces
62000.0
Parking Total
16.0
LISTING UPDATED: 03/20/2026 02:26 PM

Property Details for 79 Ridgemont Circle

StatusActive
MLS #925582
Days on Market1
Taxes$1,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily / Apartment
Year Built1984
CountyHenry County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of SOUTHERN VIRGINIA PROPERTIES, ELLE WILK
Add your commute

Building Information for 79 Ridgemont Circle

Building/Complex79 Ridgemont CirFloor-Stories-Residences8Pet Policy-Pet Policy Details-Year Built1984Building Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,155 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,033

Property Taxes

$122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 79 Ridgemont Circle

Summary
Location and General Information
  • Directions: From Rte 220S to Bus-Rte220S to Right at 5th Ave, Left at Belmont St which turns into Longview St, Left at Ridgemont Circle, property at end of circle.
  • MLS Area Major: 1400 - Henry County
  • City: Collinsville
  • State Or Province: VA
  • Postal Code: 24078
  • County Or Parish: Henry County
  • MLS Area Minor: 1400 - Henry County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 40.3(055 )000B/010 ,11
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $1,460
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $1,460
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks
  • High School: Other - See Remarks
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (10 or More)
Property
Lot Information
  • Lot Size Acres: 1.3
  • Lot Size Area: 1.3
  • Lot Size Dimensions: 1.3 acres appx
  • Lot Size Units: Acres
  • Lot Size Square Feet: 56628.0
  • General Property Description - Total Acreage: 1.3
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1984
  • Property Sub Type: Apartment
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: Private Septic
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Amenities Common - Cable TV: Yes
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Cooling: Other - See Remarks
  • Heating: Other - See Remarks
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • General Property Description - Basement: No
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 8.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • General Property Description - # Leased Units: 0
Income & Expenses
  • Gross Scheduled Income: $72,000
  • Operating Expense: $10,000
  • General Property Description - Gross Income: $72,000
  • Gross Income: $72,000
  • Net Operating Income: $62,000
Unit 1
  • Unit Number: Type 1
  • Units Total: 8
  • Beds Total: 1
  • Furnished: 1
  • Stories: 0
  • SqFt: 700
  • Parking: Range Electric
Rental
Rental Information
  • Tenant Expenses - Cable TV: Yes
  • Tenant Expenses - Electricity: Yes

Property History for 79 Ridgemont Circle

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

Roanoke Valley Association of REALTORS #925582

$625,000—
Dec 15, 2022

Sold (Public Record)

Public Record #1504119023

$240,000—
DateEvent & SourcePrice
03/20/2026

Listed (Active)

Roanoke Valley Association of REALTORS #925582

$625,000
12/15/2022

Sold (Public Record)

Public Record #1504119023

$240,000

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

Public Records for 79 Ridgemont Circle

Taxable ValueLand$20,000Additions$141,600Total$161,600
Tax Record2022$897 ($75 / month)
Home Facts
Lot Size18,731 SqFtStyleMulti-Family Dwelling (2-4)ZoningSRCountyHENRYAPN163860003

Schools near 79 Ridgemont Circle

This home is within Henry County Public Schools.
Rating
School
Type
Grades
Distance
John Redd Smith Elementary School
Public - PK to 5
Fieldale-Collinsville Middle School
Public - 6 to 8
Bassett High School
Public - 9 to 12
Collinsville Primary School
Public - PK to 2
Rating
School
Distance
John Redd Smith Elementary School
PublicPK to 5

Fieldale-Collinsville Middle School
Public6 to 8

Bassett High School
Public9 to 12

Collinsville Primary School
PublicPK to 2

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

Explore Nearby Homes

More information about 79 Ridgemont Circle, Collinsville, VA 24078

79 Ridgemont Circle is a multi-family home for sale in Collinsville, VA 24078. This property was listed for sale on March 20, 2026 by SOUTHERN VIRGINIA PROPERTIES, it's currently listed at $625,000. It has been on the market for a total of 1 days and was last sold on December 15, 2022. This listing's school district is Henry County Public Schools. Nearby schools include John Redd Smith Elementary School, Fieldale-Collinsville Middle School and Bassett High School. 79 Ridgemont Circle is a 1-bed, 0-bath, multi-family home built in 1984.

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 SOUTHERN VIRGINIA PROPERTIES, ELLE WILK

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.