$499,900

31157 Princeton Avenue, Meadowview, VA 24361

  • 1,988 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $251/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Welcome to The Wasp Nest, a unique and recently remodeled four-unit investment property ideally located beside Emory & Henry University in beautiful Southwest Virginia. Offering approximately 1,988 square feet on nearly half an acre, this property presents an excellent opportunity for investors seeking a turnkey income-producing property in a desirable location. The building features four thoughtfully designed apartments, each offering a private bedroom, full bathroom, and comfortable kitchen/living area. Each unit is equipped with its own mini-split system for year-round comfort, while a convenient laundry center serves the property. Designed with professionals in mind, the property offers a peaceful setting while being within easy walking distance of the university, post office, medical offices, and local dining. Tenant rent includes electric, internet, water, sewer, and lawn maintenance, creating a convenient rental experience and an attractive income opportunity for ownership. The property sits on approximately 0.47 acres with a large parking area and a combination of level and gently rolling terrain. Additional features include a deck, attached parking, public water and sewer, laminate flooring, updated interiors, and a metal roof. Location is another major advantage. The property is just minutes from Interstate 81, Historic Abingdon, Bristol, the Virginia Creeper Trail, and the Appalachian Trail, providing residents with easy access to employment, education, recreation, and regional amenities.

Listing Status:
Active
Date Added:
August 10, 2026
Data Last Updated:
August 11, 2026 at 7:40AM
Listing Office:
Robin's Nest Realty, LLC : 276-356-4171
Listing Agent:
Robin Bise : 276-429-1132
MLS ID:
9991031
  • General: Remodeled
  • Appliances: DryerRangeRefrigeratorWasher
  • Laundry: Electric Dryer HookupWasher Hookup
  • Basement: Block
  • Flooring: Laminate
  • A/C: See Remarks
  • Heating: See Remarks
  • Fireplace: BrickLiving RoomFireplaceFireplaces: 1
  • Style: Traditional
  • Parking: AttachedGravel
  • Roofing: Metal
  • Windows: Insulated Windows
  • General: BrickT1112Block
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Washington
  • Zoning: VIllage068a2 4 2 3
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Robin Bise , Robin's Nest Realty, LLC

Monthly Payment

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

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