Louisa, VA 23093,101 PATRICK HENRY DR
Louisa, VA 23093,101 PATRICK HENRY DR
Louisa, VA 23093,101 PATRICK HENRY DR
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$850,000
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101 PATRICK HENRY DR Louisa, VA 23093

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID VALA2009088

Style Unit/Flat

Year Built 1964

Annual Tax Amount $256,300

Tax Year 2025

Property Sub-Type Detached

Source BRIGHT

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.

Location

State VA

County Louisa

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Refrigerator, Oven/Range - Electric, Stainless Steel Appliances

Fireplace N

Appliance Refrigerator, Oven/Range - Electric, Stainless Steel Appliances

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Louisa County Public Schools

Others

Tax ID 40A2 3 1

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

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Scott Gullaksen

Scott Gullaksen

Agent | RS 285055

+1(610) 453-9898

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101 PATRICK HENRY DR