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101 Patrick Henry Drive

LOUISA, VA 23093
  • $850,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: VALA2009088
UPDATED: 51 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

School District:

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.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Cornerstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-24T14:52:22.343.
www.remaxcornerstoneva.com/homes/171748993
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101 Patrick Henry Drive LOUISA, VA 23093

  • Price: $850,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 51 min ago
  • ID#: VALA2009088
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
County:
Louisa
School District:
Louisa County Public Schools
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.
Exterior Features

Architectural Style Unit/Flat Construction Materials Brick Garage YN No Parking Types DrivewayParking Lot Pool No Pool Property Condition Very Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Appliances RefrigeratorOven/Range - ElectricStainless Steel Appliances Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Slab Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes Snow Removal Original MLSNumber 804411145630 Owner Pays RepairsTaxes - Real EstateLawn/Shrub Care Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 256300.00 Vacation Rental YN No Water Source Public Zoning RESIDENTIAL

Listing courtesy of Coldwell Banker Elite: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Cornerstone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-24T14:52:22.343.
 
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RE/MAX Cornerstone Realty
1810 Princess Anne St.
Fredericksburg VA, 22401