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    Keysville, VA Green Bay, VA Victoria, VA Farmville, VA Rice, VA Drakes Branch, VA Cullen, VA Crewe, VA
    Turnkey 5-Unit Multifamily Property
    Updated: Mar 28, 2025
    Turnkey 5-Unit Multifamily Property

    90 Hatton Lane, Meherrin, VA 23954

    $495,000
    5,265 sqft 2.66 AC lot
    Fully occupied 5‑unit multifamily property with current 100% occupancy (please do not disturb tenants)
    Unit mix: four 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
    Generates $4,045/month in rental income and has tenant‑paid utilities (electric, internet, trash, etc.)
    Recent upgrade: new drilled well installed April 2024; well water with septic tank sewer
    Each unit has central heat and AC (mini‑split in the 1‑bedroom unit) and separate electric meters
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Meherrin, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Brick Church with Development Potential
    Historic Brick Church with Development Potential

    1018 Rivermont Avenue, Lynchburg, VA 24504

    $695,000
    8,493 sqft 1.50 AC lot

    Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Two-story mixed-use property with ground-floor retail and seven residential units above, each with core in-unit appliances and heat.

    View details
    Two-Building Apartment Investment
    Two-Building Apartment Investment

    1200 Liggates Road, Lynchburg, VA 24502

    $1,100,000
    10,692 sqft

    Brick two-story walk-up multifamily with a basement and shared coin-operated laundry, totaling 12 units across two buildings.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    201 South Main Street, Gretna, VA 24557

    $425,000
    10,004 sqft

    Two-story building with ground-floor retail space and seven residential units, including six efficiencies and one 1-bedroom.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Meherrin, VA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Meherrin, VA on our real estate platform. These investment opportunities span a total of 5,265 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for two-family homes in Meherrin, VA start at $495,000, averaging $495,000, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,364
    Population Growth (5Y) +17.5%
    Median Household Income $75,382
    College Educated 19.1%

    Taxes & Financing

    Tax Rate (average for all types) 0.43%
    Property Tax per SF $10.28 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Prince Edward County

    New Delisted

    Total CRE Inventory on Market (SF)

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