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For sale
    • Price cut: $25.1K (5/3)
    $499,900

    31157 Princeton Ave, Meadowview, VA 24361

    4beds
    4baths
    1,988sqft
    : 
    $3,011/mo
    Get pre-qualified
    Apartment
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Laundry centerAlmost half an acre
    Rare investment opportunity beside of Emory and Henry University, a small prestigious, private school in the beautiful mountains of Southwest Virginia. This former E & H home has been newly remodeled into a four unit apartment building with laundry center. The Wasp Nest is designed for Professional and/or Emory Students to enjoy quiet, peaceful living. Rent on each unit includes electric, internet, water, sewer, and mowing. Walk to class, the post office, medical office, restaurant, and all the University has to offer with its many athletic and academic functions. This property has almost half an acre with a large parking area for tenants. Each apartment is thoughtfully designed with kitchen/lr combo, bedroom and bathroom. A mini split is in each unit for comfort year round. This apartment unit is minutes away from I-81, Historic Abingdon, Bristol, The Virginia Creeper Trail, and Appalachian Trail.
    168 days
    |
    104
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robin Pennington Bise 276-356-4171,

    Robin's Nest Realty LLC 276-429-1132

    Source: SWVAR,MLS#: 105757MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Basement
      • Area: 0
      Heating
      • Electric, Mini Split
      Cooling
      • Electric, Mini Split
      Appliances
      • Included: Range, Refrigerator, Washer, Dryer, Electric Water Heater, 1 Bdrm-Stove, 1 Bdrm-Refrigerator
      • Laundry: Lower Level, Common Area
      Features
      • Newer Paint
      • Flooring: Newer Floor Covering, Laminate
      • Windows: Insulated Windows
      • Number of fireplaces: 1
      • Fireplace features: One, Other
      Interior area
      • Total structure area: 1,988
      • Total interior livable area: 1,988 sqft
      • Finished area above ground: 1,988
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Common, Gravel
      Features
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None
      Lot
      • Size: 0.47 Acres
      • Dimensions: 89 x 200 x 115 x 202
      Details
      • Zoning: Village

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick, T1-11, Dry Wall
      • Foundation: Block
      • Roof: Metal
      Condition
      • Exterior Condition: Very Good,Interior Condition: Very Good
      • Year built: 1970

      Utilities & green energy

      • Electric: Master Meters
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Emory Hills
      Location
      • Region: Meadowview

      Financial & listing details

      • Price per square foot: $251/sqft
      • Annual tax amount: $884
      • Date on market: 2/7/2026
      • Total actual rent: 1100
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/3/2026Price change$499,900-4.8%$251/sqft
        Source: SWVAR #105757 Report a problem
        2/7/2026Listed for sale$525,000$264/sqft
        Source: SWVAR #105757 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 24361

        Getting around

        12 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Meadowview
        • Middle: Glade Spring
        • High: Patrick Henry

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

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