Change Real Estate Presents:

101 Patrick Henry Drive
Louisa VA 23093

Sold for $835,000.00 Closed

Close Date: 2026-02-19

Louisa

About This Property

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 Agent: Delaney Bailey. Coldwell Banker Elite 540-207-2343 dbailey@coldwellbankerelite.com

Property Features

Location Information
County:
Subdivision: None
Interior Features
Appliances: Refrigerator, Oven/Range - Electric, Stainless Steel Appliances
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1964
Legal Subdivision: Donnellys Dale
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Delaney Bailey. Coldwell Banker Elite 540-207-2343 dbailey@coldwellbankerelite.com

Property Photos [Click to enlarge]

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