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151 Martin St, Jonesville, VA, 24263

7beds
4baths
3,520sqft
$389,000
$111price/sqft
$2,897/moest. monthly cost
$115,880/yrincome needed

About This Home

Investors delight!! This multi unit apartment building on almost 1/2 acre in Jonesville is up for sale after many years. There are 8 units all together 3- 2bedrooms and 5- 1 bedrooms (all apartments are same size and could be converted to all 2 bedrooms if new owner wants, with addition of one wall) almost 900 sf each apartment. Outside has mature landscaping, garbage pick up, town water & sewer, very low maintenance and waiting list of renters. Buyers and buyers agents to verify all information, subject to errors and omissions.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

5/10
Jonesville Middle SchoolGrades 5-70.4 mi
3/10
Lee High SchoolGrades 8-123.5 mi
8/10

Construction

Condition

  • Property condition: Average
  • Year built: 1949

Materials

  • Roof: Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Flooring: Vinyl,Carpet,Laminate

Heating & Cooling

  • Heating features: Baseboard,Electric,Heat Pump
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,520
  • Total interior livable area: 3,520 sqft

Property

Details

  • Parcel number: 53a(7)45a50a
  • Zoning: R2

Features

  • Stories: 2
  • Topography of land: Level

Lot

  • Lot size: 0.46 Acres
  • Lot size dimensions: 0.46

Parking

  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Landslide
Tornado
Wildfire

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,966$23,592
Home Insurance *$363$4,356
Property Taxes $229$2,748
Electricity $339$4,068
Total$2,897$34,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,325/yr
40% on housing$86,910/yr
45% on housing$77,253/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 24263$136
Lee County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 24263
Lee County$74

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$389,000

For Sale by Agent

AgentAmy Hubbard
BrokerageReMax Mountain

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