101 Patrick Henry Drive, Louisa, VA 23093

$835,000

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Sold Price
$835,000
List Price
$850,000
Days on Market
17
Closing Date
Feb 19, 2026
MLS#
VALA2009086
Status
CLOSED
Type
Multifamily
Style
Unit/Flat
Year Built
1964
County
Louisa

Property Description

Turnkey, income-producing multi-family investment in the heart of Louisa County. This recently renovated 4-unit apartment building / 4-plex ( 2 one bedroom units, 2 two bedroom units) offers immediate cash flow with low overhead + steady income, making it a standout opportunity for investors seeking stability and simplicity. All four units are fully leased with active leases in place, providing consistent rental income from day one. Recent updates include stainless steel appliances, ample parking, durable LVP flooring throughout and no carpet, a highly desirable feature for investors focused on low maintenance, reduced turnover costs, and long-term durability. The property has been improved and maintained with ease of ownership in mind, minimizing ongoing expenses and hands-on management. Tenants pay water, sewer, trash, and internet. Centrally located near the Town of Louisa, this fourplex investment property benefits from strong rental demand supported by the area’s continued growth, affordability, and small-town charm. Convenient access to Lake Anna, Charlottesville, and Richmond enhances tenant appeal and long-term investment performance, while limited multi-family inventory further strengthens value. Whether you’re pursuing a 1031 exchange, adding a cash-flowing fourplex to an existing portfolio, or seeking a low-maintenance multi-family asset, this rare opportunity delivers location, occupancy, and performance. Investor-grade 4-plex properties of this caliber are seldom available in today’s market.

Additional Information

Appliances
Refrigerator, Oven/Range - Electric, Stainless Steel Appliances
Cooling
Central A/C
Heating
Forced Air
Taxes
$2,264

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Listing courtesy of Coldwell Banker Elite. Contact:

Selling Office: .