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    1949 Sunnymeade Rd Rustburg, VA 24588

    Under Contract
    For Sale
    $539,900

    Multi-Family - Rustburg, VA

    Type:Multi Family
    Lot size:
    1.74 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1949 Sunnymeade Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    23A145A
    Patio and Porch features
    Patio
    Interior features
    Balcony/Patio, Carpet, Dryer Hookup, Extra Storage, Porch, Smoke Alarm, Utility Room, Washer Hookup
    Exterior features
    Balcony/Patio
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Lot size
    1.74 Acres

    Utilities

    Cooling system
    Heat Pump

    Building Details

    Year built
    1978
    Number of units
    4
    Flooring type
    Carpet, Other, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Mark A. Dalton & Co., Inc. (434) 237-6267 [email protected]

    Listing agent Matt G Durand (434) 841-8405 License #0225204692

    Listing date Nov 21, 2025

    MLS# 363096 Listing URL

    Copyright © 2025 Lynchburg Virginia 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

    Fully Occupied Rustburg Fourplex Opportunity

    This fully occupied, all-brick fourplex is located in Campbell County, approximately 6 minutes from Liberty University. The property includes ample off-street parking and a separate storage unit for each tenant. Each unit is equipped with its own washer, dryer, stove, and refrigerator, all of which convey with the property. Three of the units have been updated with LVP flooring. The property features four separate electric meters and Lumos fiber optic internet. Additional features include an architectural shingled roof, newer heat pumps, wrapped soffits and windows, double-pane wood windows, and a deck or patio for each unit. Situated on a 1.74-acre partially wooded double lot at the intersection of Candlers Mt Road and Sunnymeade Rd, this property is conveniently located. A full list of improvements and features is available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Clothing Store Gym & Fitness Food Market Convenience Store Garden Center Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Rustburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.1481977
    Latitude
    37.3261505

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex near Liberty University with separate storage units.
    Where is this quadplex located?
    The property is located at 1949 Sunnymeade Rd Rustburg, VA.
    What is the asking price?
    The asking price for this property is $539,900.
    What are key features of this property?
    This property features: - Fully occupied 4-plex with strong rental income potential.; - Excellent location in Campbell County, only 6 minutes from Liberty University.; - Each unit includes washer, dryer, stove, and refrigerator.
    (434) 841-8405
    Request Owner's contact information
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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
    1949 Sunnymeade Rd Rustburg, VA 24588
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