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Sold for $835,000
  • $835,000

    101 Patrick Henry Dr, Louisa, VA 23093

    6beds
    --baths
    --sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $840,700 Zestimate®
    $--/sqft
    $1,625 Estimated rent

    Home value

    $840,700

    $723,000 - $975,000

    $1,625/mo

    Zestimate® history
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    $1,625/mo

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    $1,625/mo

    Rent Zestimate®

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    $4,969/mo

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    $4,969/mo

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    What's special

    Ample parkingDurable lvp flooring throughoutStainless steel appliances
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Delaney Bailey 540-207-2343,

    Coldwell Banker Elite

    Bought with:

    Unrepresented

    Unrepresented Buyer Office

    Source: Bright MLS,MLS#: VALA2009086MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Refrigerator, Oven/Range - Electric, Stainless Steel Appliance(s), Electric Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Driveway, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 40A2 3 1
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • Very Good
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Louisa

    Financial & listing details

    • Tax assessed value: $256,300
    • Annual tax amount: $2,264
    • Date on market: 1/5/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Income includes: Parking

    Price history

    DateEventPrice
    2/19/2026Sold$835,000-1.8%
    Source: Bright MLS #VALA2009086 Report a problem
    1/21/2026Pending sale$850,000
    Source: Bright MLS #VALA2009086 Report a problem
    1/5/2026Listed for sale$850,000
    Source: Bright MLS #VALA2009086 Report a problem
    6/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/28/2024Listed for rent$1,500+20%
    Source: Zillow Rentals Report a problem
    3/12/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/28/2024Listed for rent$1,250+8.7%
    Source: Zillow Rentals Report a problem
    5/15/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/3/2023Price change$1,150-4.2%
    Source: Zillow Rentals Report a problem
    4/30/2023Listed for rent$1,200-14.3%
    Source: Zillow Rentals Report a problem
    2/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/24/2023Price change$1,400+3.7%
    Source: Zillow Rentals Report a problem
    11/30/2022Listed for rent$1,350+8%
    Source: Zillow Rental Manager Report a problem
    3/4/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/12/2022Listed for rent$1,250
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 23093

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Louisa County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $840,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $840,700