Excellent Investment Opportunity – Income-Producing Duplex in the Town of Dublin! This well-maintained commercial duplex offers a fantastic opportunity for investors seeking steady rental income. Featuring an up-and-down layout, the property includes two separate units: a spacious 3-bedroom, 1-bath apartment on the lower level and a comfortable 2-bedroom, 1-bath apartment on the upper level—ideal for maximizing rental potential. The exterior is constructed of durable cinderblock with a shingle roof, providing low-maintenance ownership and long-term reliability. Each unit is equipped with forced air heating, while window units provide cooling for seasonal comfort. Utilities are efficiently set up with separate electric meters for each unit, and public water and sewer services are provided by the Town of Dublin. Outside, tenants will appreciate the convenience of a gravel driveway and dedicated gravel parking area, offering ample off-street parking. Currently generating $1,700 per month in rental income, this duplex presents a solid return opportunity with room for future growth. Whether you're expanding your portfolio or entering the investment market, this property checks all the boxes!
For sale
$189,900
129 Newbern Rd, Dublin, VA 24084
5beds
2baths
1,704sqft
Est.:
Duplex
Built in 1940
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Ample off-street parkingGravel drivewayShingle roofDedicated gravel parking areaUp-and-down layout
- 4 hours |
- 48 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Denise Blevins 276-274-3142,
eXp Realty
Source: SWVAR,MLS#: 109623
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)(s)
Appliances
- Included: Range, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 3 Bdrm-Stove, 2 Bdrm-Refrigerator, 3 Bdrm-Refrigerator
Features
- Flooring: Vinyl
- Windows: Single Pane, Storm Window(s)
- Basement: Basement/Foundation Other/See Remarks
- Fireplace features: None
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,704 sqft
- Finished area above ground: 1,704
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
Features
- Water view: None
- Waterfront features: None
Lot
- Size: 0.28 Acres
Details
- Parcel number: 05601000000056
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Dry Wall, Plaster
- Foundation: Basement/Foundation Other/See Remarks
- Roof: Shingle
Condition
- Exterior Condition: Good,Interior Condition: Good
- Year built: 1940
Utilities & green energy
- Electric: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Dublin
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $70,600
- Annual tax amount: $691
- Date on market: 4/15/2026
- Total actual rent: 1700
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listed for sale | $189,900+11.8%$111/sqft |
Source:  SWVAR #109623 Report a problem | ||
| 10/17/2022 | Listing removed | -- |
Source:  RVAR #891164 Report a problem | ||
| 9/15/2022 | Price change | $169,900-5.6%$100/sqft |
Source:  New River Valley AOR #416100 Report a problem | ||
| 7/9/2022 | Listed for sale | $179,900+299.8%$106/sqft |
Source: RVAR #891164 Report a problem | ||
| 5/11/2016 | Sold | $45,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $522 | $70,600 |
| 2024 | $522 | $70,600 |
| 2023 | $522 | $70,600 |
| 2022 | $522 | $70,600 |
| 2021 | $522 +7.9% | $70,600 +12.2% |
| 2020 | $484 | $62,900 |
| 2019 | $484 | $62,900 |
| 2018 | $484 +20.3% | $62,900 |
| 2017 | $403 | $62,900 |
| 2016 | $403 | $62,900 |
| 2015 | $403 +76.8% | $62,900 +63% |
| 2014 | $228 | $38,600 |
| 2013 | $228 | $38,600 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,011/mo
Principal & interest
$910
Property taxes
$101
More affordability tools
Climate risks
Neighborhood: 24084
Nearby schools
GreatSchools rating
- 7/10Dublin Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Pulaski County Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Pulaski County Sr. High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Dublin Elementary
- Middle: Dublin
- High: Pulaski County
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Pulaski County
- Dublin
- 24084
- 129 Newbern Rd
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