$850,000
101 Patrick Henry Dr, Louisa, VA, 23093
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 Details
| Office | Coldwell Banker Elite |
|---|
Facts & Features
| MLS® # | VALA2009086 |
|---|---|
| Price | $850,000 |
| Year Built | 1964 |
| Type | Multi-Family |
| Sub-Type | Quadruplex,Detached |
| Style | Unit/Flat |
| Status | Closed |
Community Information
| Address | 101 Patrick Henry Dr |
|---|---|
| City | Louisa |
| County | LOUISA-VA |
| State | VA |
| Zip Code | 23093 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Interior Features | Unit/Flat |
|---|---|
| Appliances | Refrigerator, Oven/Range - Electric, Stainless Steel Appliances |
| Heating | Forced Air |
| Cooling | Central A/C |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Construction | Brick |
| Foundation | Slab |
| Other Structures | 10000001172,10000001174 |
School Information
| District | LOUISA COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | January 5th, 2026 |
|---|---|
| Days on Market | 17 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
