516 3rd Ave, Danville, VA 24540
Property image
Property image
OFF MARKET

516 3rd Ave
Danville, VA 24540

  • 2 Beds
  • 1 Bath
  • 2,112 sqft

$138,900

Trulia Estimate
as of Aug 24, 2026

$138,900

Trulia Estimate
as of Aug 24, 2026
  • 2 Beds
  • 1 Bath
  • 2,112 sqft

Home Highlights

Property Type
Single-Family Home
Year Built
1933
Living Area
2,112 sqft
Price/Sqft
$66

Local Information

  • Map ViewExplore the area around 516 3rd Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

2BR/1BA House | Hardwood floors throughout | refrigerator and gas stove | Pets considered on a case by case basis | No Smoking
516 3rd Ave, Danville, VA 24540 is a 2 bedroom, 1 bathroom, 2,112 sqft single-family home built in 1933. It last sold for $34,000 on Nov 30, 2021 (3,895% above the $851 asking price). More recently, it was listed as a rental in February 2025 with an asking price of $851 per month. That rental listing was removed on February 11, 2025. It is currently off market. The Trulia Estimate is $138,900, with a rent estimate of $1,126/month.

Home Details for 516 3rd Ave

Interior Features

Heating & Cooling
Heating: Electric, Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Electric
Levels, Entrance, & Accessibility
Floors: Wood

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 12 Months

Comparable Sales for 516 3rd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Single-Family Home
$52,000
07/08/26
3
1
1,699 sqft
0.14
Single-Family Home
$45,000
09/02/25
3
1
1,648 sqft
0.22
Single-Family Home
$46,000
09/22/25
2
1
1,245 sqft
0.18
Single-Family Home
$55,000
10/02/25
2
1
892 sqft
0.19
Single-Family Home
$45,000
07/30/26
2
1
744 sqft
0.21
Single-Family Home
$60,000
01/09/26
2
1
920 sqft
0.27
Single-Family Home
$50,000
07/08/26
2
1
936 sqft
0.25
Single-Family Home
$55,000
11/06/25
2
1
978 sqft
0.27
Single-Family Home
$44,000
04/15/26
2
1
783 sqft
0.23
Single-Family Home
$50,050
12/23/25
3
1
1,122 sqft

Nearby homes

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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Danville

At least 217 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 82 % Say yards are well-kept

  • 80 % Say parking is easy

  • 68 % Say it's dog friendly

  • 64 % Say there's holiday spirit

  • 61 % Say there's wildlife

  • 56 % Say kids play outside

  • 54 % Say neighbors are friendly

  • 47 % Say it's quiet

  • 45 % Say streets are well-lit

  • 43 % Say people would walk alone at night

  • 41 % Say it's walkable to grocery stores

  • 39 % Say they plan to stay for at least 5 years

  • 38 % Say there are sidewalks

  • 36 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Paula Powell
    "There are many families in our neighborhood. It is friendly. I feel safe walking in my neighborhood. It is close to grocery, bank, gas, dollar general and local Italian place. Everything within 1 mile. "
  • Paula Powell
    "This is a family friendly neighborhood with lots of kids. You can walk the neighborhood at night with no worries. Everyone is friendly. "
  • Paula Powell
    "I’ve lived in this neighborhood for 23 years. It is quiet and family friendly. Kids play outside and folks walk the neighborhood. There is a bank, grocery store, local eating place, corner store and dollars general close by. "
  • Paula Powell
    "This is a family neighborhood. Everyone is friendly and respectful of one another. Safe for kids to ply outdoors. Safe to walk around the neighborhood. Close to grocery store, bank, gas station, fire dept, church and corner store for coffee. Best neighborhood ever. "
  • Trulia User
    "Very nice place lots to do for a small town. Very clean and peaceful. Lots of development happening but it seems to be well planned as to preserve and showcase the local environment. The waterways are clean and full of wildlife. "
  • Dkmanika67
    "A lot of fast cars go down city street with disregard of people and animals. Need more police presence "
  • Ayana Barksdale
    "Always show your babies the most love you possibly can ALWAYS they are so little and they just love your love mom and dad so keep being great and shower them with love "
  • Joyce.taylor2
    "I will be moving due to increase in the rent sadly I really liked the place and my neighbors Hope I can find a place just as peaceful as this place "
  • Joyce.taylor2
    "Very easy to get to and from where I live I have very friendly neighbors sadly I have to move out of the house I’m in "
  • Joyce.taylor2
    "Easy very easy to get to from and very nice and quiet place to live and very peaceful grocery store right down the road "
  • Trulia User
    "Not that great for kids not safe. Some shootings speednlimit on West Main St. Is too high. The power is out a lot due to the cars hitting the power piles. We live in the Mayfield Apartments and can't trust our neighbors not to take out deliveries. Also recently the area has become very trashy. We've been here for close 10 years and it's gone down hill even more. "
  • Pokesmomof2
    "It’s quiet and everyone picks up after there dog! Just no area for the dogs to run, if they had a dog park it would be better "
  • Latanika T.
    "The neighborhood is quiet friendly the neighbors are awesome and neighborly my neighborhood is unique because it is clean"
  • Amanda82290
    "Lots of owners walk their pets here! They pick up after them & such. It’s a very nice well lit neighborhood but we don’t have sidewalks. "
  • Amanda82290
    "It has amazing potential & is such a warm, welcoming, southern town! The downtown district since being remodeled is gorgeous! "
  • Goofygooberbutter
    "My neighborhood has public bus access and is located a few miles away from downtown. 5-10 driving distance away from grocery or fast food. Crosswalks in the city of Danville are everywhere including bike paths for cyclists. "
  • Jazzitupabit 4.
    "Come and visit our neighborhood, and you will see that is quiet and friendly. We do wish that we knew our neighbors better."
  • Hnjohnston96
    "Safe communities are available if researched appropriately. Great place to raise a family. Not too far from many vacation locations just as the beach, mountains, larger cities, etc. "
  • Nickofdorset
    "Getting busier and more crowded by the week. But nice community and decent weather. Reasonable cost of living and improving influx of new businesses "
  • Bayturtle5
    "good neighbors...quiet...good location...friendly...helpful....we all help each other out any time it is possible."
  • Ethel J.
    "Neighborhood cookouts, the pool is open for the summer but it’s not marketed as a feature for the neighborhood and I don’t pay an HOA fee."
  • Daniel H.
    "there are lots of other dogs in this are so pretty much any time of the day someone is out with their dog. if your dog is friendly or small it's ok but if you have a moody pet this can get annoying. the people that live in this are are very pet friendly "
  • Shadowwood resident
    "Quiet older subdivision bordering the county Minutes from interstate with close proximity to grocery stores and shopping centers "
  • Tanyadsparks
    "You see dog owners walking their dogs all the time and everyone is very friendly in our neighborhood. "
  • Thevideoarchitect
    "Please watch out for the pride of feral cats. They hang out near gutters. Danville needs to watch out for them! "
  • Tamathaw10
    "I haven’t lived in this neighborhood long but the neighbors are sweet and I don’t have any problems with them. "
  • Dojushan
    "My neighborhood has a leash law which is very good and nearly everyone abides by it. You rarely see unleashed dogs (of course occasionally they do escape their homes!)"
  • Nestassia H.
    "idk this place suck and ready to leave. danville is cheap but there is no excitement here. i dont think anyone care about the other."
  • Kathy W.
    " I lived in this neighborhood for over 3 years now. Everyone is nice we look out for each other period is very close to restaurants walking distance. It also have a 24 hour laundromat which is open to the public."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Feb 11, 2025
Source: RVAR #914043
ListingRemoved
$851
Feb 3, 2025
Source: RVAR #914043
Listed For Rent
$851
Aug 8, 2024
Source: Dan River Region AOR #64280
ListingRemoved
$50,000
Jan 10, 2022
Source: Dan River Region AOR #64280
Contingent
$50,000
Jan 10, 2022
Source: Dan River Region AOR #64280
Listed For Sale
$50,000

Frequently asked questions about 516 3rd Ave

  • What is 516 3rd Ave estimated to be worth?
    Trulia's estimated value for 516 3rd Ave in Danville, VA is $138,900.
  • What is the price history for 516 3rd Ave?
    516 3rd Ave in Danville, VA last sold for $34,000 in November 2021.
  • Is Danville a buyer's or seller's market?
    Danville is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Danville?
    The median sale price in Danville is $153K. That is up $8.33K from the prior month.
  • Does 516 3rd Ave have air conditioning?
    Yes, 516 3rd Ave in Danville, VA has air conditioning.

Homes for rent near 516 3rd Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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