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Sold for $325,000
  • $325,000

    5918-5938 N Lee Hwy, Fairfield, VA 24435

    17beds
    10,323sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $332,000 Zestimate®
    $31/sqft
    $937 Estimated rent

    Home value

    $332,000

    Estimated sales range

    Not available

    $937/mo

    Zestimate® history
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    What's special

    INVESTMENT OPPORTUNITY: 8-unit residential rental portfolio centrally located in Fairfield, VA at I-81 exit 200 provides strong cash flow and high long-term occupancy. Over $47,000 of annual in-place rent with potential upside to rents with improvements. Three separate tax map parcels totaling 6.29 acres with long frontage on U.S. Rt. 11 provides exciting future redevelopment potential. The portfolio is comprised of the ''Black and White Cabins'' property, featuring one single family cabin and two duplexes, and the ''Conners'' property, offering a large single family brick residence and two singlewide manufactured homes. Property is sold AS IS with qualified buyers strongly encouraged to conduct due diligence prior to a contract.

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Moore 540-460-4602,

    James Wm. Moore Real Estate Co.

    Bought with:

    Will Moore

    James Wm. Moore Real Estate Co.

    Source: Rockbridge Highlands REALTORS®,MLS#: 139420MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Baseboard Electric, Oil
    Cooling
    • Central, None
    Interior area
    • Total structure area: 10,323
    • Total interior livable area: 10,323 sqft

    Property

    Lot
    • Size: 6.29 Acres
    Details
    • Parcel number: 3991 3991A; 3992
    • Zoning description: Agricultural

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Existing Septic

    Community & HOA

    Location
    • Region: Fairfield

    Financial & listing details

    • Price per square foot: $31/sqft
    • Annual tax amount: $3,021
    • Date on market: 7/21/2025

    Price history

    DateEventPrice
    10/16/2025Sold$325,000-27.6%$31/sqft
    Source: Rockbridge Highlands REALTORS® #139420 Report a problem
    9/11/2025Pending sale$449,000$43/sqft
    Source: Rockbridge Highlands REALTORS® #139420 Report a problem
    7/21/2025Listed for sale$449,000$43/sqft
    Source: Rockbridge Highlands REALTORS® #139420 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 24435

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairfield
    • Middle: Maury River
    • High: Rockbridge Co

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

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    An equal housing lender. NMLS #10287.