About This Home

This 3-bedroom, 2-bathroom single family at 542 Dixie Airport Rd in Madison Heights, VA is listed for $231,916 ($221 per sqft). Built in 1956, the home offers 1,050 sqft of living space on a 0.70 acres lot.

Key Features

  • Built in 1956
  • 0.70 acre lot
  • Fireplace

Property Details

1 story
1 full, 1 half
1956

Amenities

Fireplace
Listing Description

Opportunity awaits at 542 Dixie Airport Rd! Whether you're an investor searching for your next project or a buyer ready to bring your vision to life, this property offers plenty of space and potential. The property features three outbuildings in varying condition.

Detached garage offers additional finished living space with its own HVAC system; condition and functionality are unknown. The rear outbuilding is in disrepair, with a portion of the ceiling visibly deteriorated/falling through. The main home is also in need of repairs and updates, with known mold in the basement and occasional water intrusion.

Property is being sold As-Is and is not expected to qualify for government-backed financing in its current condition. Cash or conventional financing may be most appropriate. Bring your ideas and take advantage of the opportunity to renovate and add value!

Monthly Cost Estimate

$1,240/mo

20% down · 6.5% · 30 years

Principal$168
Interest$1,005
Insurance$68

Estimates only. Actual payments may vary.

Location

542 Dixie Airport Rd

Madison Heights, VA 24572

Features & Amenities

Interior Features

DrywallMain Level BedroomPrimary Bed w/Bath

Exterior Features

Off-Street Parking

Property Details

Flooring

Wood

Construction

Completed

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DryerRange-ElecRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 542 Dixie Airport Rd is listed at $231,916 ($221/sqft). The estimated monthly payment is $1,241 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.70 acre lot, Fireplace. Interior Features: Drywall, Main Level Bedroom, Primary Bed w/Bath. Exterior Features: Off-Street Parking.

This property is listed by Noah Gatto.

NG

Noah Gatto

Agent at The Realty Group Lynchburg dba Keller Williams

Listed by The Realty Group Lynchburg dba Keller Williams · Broker phone: (434) 401-6785 · View on Broker Site · Broker website

MLS# 369643· Source: Lynchburg Virginia MLS· 26 days on PropertySimple

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

542 Dixie Airport Rd, Madison Heights, VA 24572

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