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    101 Patrick Henry Dr Louisa, VA 23093

    Sponsored
    For Sale
    $850,000

    MULTI_FAMILY - Other - LOUISA, VA

    Days on Market:
    3
    Last Refresh:
    Jan 7 at 4:06 pm

    Property Features for 101 Patrick Henry Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Driveway, Parking Lot
    Appliances
    Refrigerator, Oven/Range - Electric, Stainless Steel Appliances

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1964
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Coldwell Banker Elite (540) 659-2141 [email protected]

    Listing agent Delaney Bailey (540) 207-2343 License #0225207375

    Listing date Jan 5, 2026

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Louisa County Multi-Family Investment

    This recently renovated 4-unit apartment building (4-plex) is located in Louisa County. It features two one-bedroom units and two two-bedroom units. All four units are fully leased with active leases in place, providing consistent rental income. Recent updates include stainless steel appliances and durable LVP flooring throughout. There is no carpet. Tenants pay for water, sewer, trash, and internet. The property is centrally located near the Town of Louisa, benefiting from strong rental demand supported by the area's continued growth, affordability, and small-town charm. It offers convenient access to Lake Anna, Charlottesville, and Richmond, enhancing tenant appeal and long-term investment performance. The property has ample parking and has been improved and maintained with ease of ownership in mind, minimizing ongoing expenses and hands-on management. It offers immediate cash flow with low overhead and steady income, making it a standout opportunity for investors seeking stability and simplicity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisa
    County
    Louisa
    State
    Virginia
    Longitude
    -77.99975
    Latitude
    38.02647

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    FAQs

    What type of property is this?
    Quadplex - Recently renovated 4-unit apartment building with immediate cash flow.
    Where is this quadplex located?
    The property is located at 101 Patrick Henry Dr Louisa, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing 4-unit apartment building with all units fully leased and active leases in place, providing immediate cash flow.; - Recently renovated with stainless steel appliances and durable LVP flooring throughout (no carpet) for low maintenance.; - Tenants pay water, sewer, trash, and internet, minimizing owner expenses.
    (540) 207-2343
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    101 Patrick Henry Dr Louisa, VA 23093
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    Louisa, VA 23093
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Patrick Henry Dr Louisa, VA 23093
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