



$1,650,000
17,786 sqft · 16.60 acre lot
81-302 Duplex Ln, Ararat, VA 24053
Multi-family · Built 1971 · $93/sqft ·
$8,824/mo est. payment
Discover a prime investment opportunity in the Ararat community of Patrick County, just minutes from the City of Mt. Airy, NC. This property includes three brick ranch homes and 16 duplexes, each equipped with a range, refrigerator, washer, and dryer. In 2020, all units received new roofs and gutters, along with numerous updated heat pumps and other improvements. The three brick ranch homes each feature three bedrooms. The duplexes comprise four three-bedroom units, eleven two-bedroom units, and one one-bedroom unit. This excellent location is within walking distance of Blue Ridge Elementary School and Dan River Park. Additionally, the property spans over 16 acres, offering ample space for future expansion.
Patrick County High School
middle · 8-12 · 13.5 mi
Blue Ridge Elementary School
elementary · K-7 · 0.2 mi
Meadows Of Dan Elementary School
elementary · K-7 · 11.1 mi
Stuart Elementary School
elementary · K-7 · 13.3 mi
Listed by Edd Martin · Edd Martin & Associates Real Estate · Martinsville