$850,000

101 PATRICK HENRY DR, Louisa, VA 23093

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Pending
Data Last Updated:
February 10, 2026 at 11:19PM
Listing Office:
Coldwell Banker Elite : 5409729040
Listing Agent:
Delaney Bailey : 5402072343
MLS ID:
VALA2009086
  • Appliances: RefrigeratorOven/Range - ElectricStainless Steel Appliances
  • A/C: Central A/C
  • Heating: Forced AirElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Unit/Flat
  • General: BrickSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: LOUISA COUNTY PUBLIC SCHOOLS
  • County: LOUISA-VA
  • Zoning: RESIDENTIAL40A2 3 1
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Delaney Bailey , Coldwell Banker Elite

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas Jefferson Elementary School

1782 Jefferson Hwy, Louisa, VA, 23093

Grades PK-5

3.00 miles away

L

Louisa County Middle School

1009 Davis Hwy, Mineral, VA, 23117

Grades 6-8

4.07 miles away

L

Louisa County High School

757 Davis Hwy, Mineral, VA, 23117

Grades 9-12

4.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.