This unique property offers a solid return with 4 total units — one single-family home plus 3 income-producing single-wide mobile homes, that are currently rented. One mobile home is 3 bed rooms and 2 bathrooms. The other two are 3 bedrooms and 1 bathroom. The main home features a metal roof, large deck, paved driveway, laminate wood flooring, and tile accents. Conveniently located with easy access to town, this setup is ideal for investors or multi-generational living. Live in one and rent the rest — or add it to your portfolio as a turnkey investment.
For sale
$189,900
203 Penny Ln, Independence, VA 24348
4beds
1,659sqft
Est.:
Single Family Residence
Built in 1966
1.2 Acres Lot
$-- Zestimate®
$114/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 3,524 |
- 211 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 09:36am
Listed by:
Alex Lineberry 276-733-7550,
Alex Lineberry Team of Keller Williams Roanoke
Source: SWVAR,MLS#: 99355

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Basement
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Second
Bathroom
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: Main
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Basement
- Area: 576
Heating
- Oil, Wood/Coal
Cooling
- None
Appliances
- Included: Microwave, Range/Oven, Refrigerator, Electric Water Heater
Features
- Ceiling Fan(s), Internet Availability Other/See Remarks
- Flooring: Tile
- Windows: Insulated Windows
- Basement: Exterior Entry,Partial,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,235
- Total interior livable area: 1,659 sqft
- Finished area above ground: 1,659
- Finished area below ground: 576
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Gravel
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Open Deck
- Exterior features: Other
- Water view: None
- Waterfront features: None
Lot
- Size: 1.2 Acres
- Features: Rolling/Sloping
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 54A104
- Zoning: N/A
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Dry Wall
- Foundation: Block
- Roof: Metal
Condition
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank, Other
- Water: Well, Other
- Utilities for property: Natural Gas Not Available
Community & HOA
HOA
- Has HOA: No
- Services included: None
Location
- Region: Independence
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $111,200
- Annual tax amount: $656
- Date on market: 4/15/2025
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