Quadplex Apartment Building with
For Sale
$499,900
31157 Princeton Avenue, Meadowview, VA 24361
MULTI_FAMILY - Other - Meadowview, VA
Property Size1,988 SF
Lot Size0.47 Acres
Price / SF$251.46
Days on Market172
Property Features for 31157 Princeton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
VIllage
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bathroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 4
Window features
Insulated Windows
Patio and Porch features
Deck
Interior features
Remodeled
Fireplace
1
Basement
Block
Appliances
Dryer, Range, Refrigerator, Washer
Elementary school
Meadowview
Middle school
Glade Spring
High school
Patrick Henry
Directions
Interstate 81 North to exit 26; Left off ramp; Go approximately 1.2 miles; Left on Princeton Avenue; First house on the left.
Standard status
Active
APN
068a2 4 2 3
Size
1,988 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
885
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
laundry center
Building Details
Year built
1970
Floors in Building
2
Number of units
4
Flooring type
Laminate
Building materials
Brick, T111
Roof type
Metal
Architectural style
Other
Listing Agency:
Robin's Nest Realty, LLC
(276) 356-4171
Listed By:
Robin Bise
(276) 429-1132
Added: Feb 10
Changed: Jul 30
Last Checked: Aug 1 at 8:06PM
MLS# 9991031
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled quadplex apartment building provides four separate units, each with a kitchen/living room combination, bedrooms, and bathrooms. The property includes a laundry center, plus a mini split in each unit for comfort year round. Appliances noted include dryer, range, refrigerator, and washer. Construction materials include brick and T111, with laminate flooring and a deck. A fireplace is present (FireplaceYN is true). The building was built in 1970.
Set on a 0.47-acre lot with public water and public sewer service, the property also features a basement and a large parking area for tenants. The home is described as being beside Emory and Henry University, with walkable access to the post office, medical office, restaurant, and university offerings. In-unit electric, internet, water, sewer, and mowing are included with rent, as described.
With its four-unit layout, on-site laundry, and dedicated tenant parking, the property is positioned as a student-friendly rental option near the university.
Set on a 0.47-acre lot with public water and public sewer service, the property also features a basement and a large parking area for tenants. The home is described as being beside Emory and Henry University, with walkable access to the post office, medical office, restaurant, and university offerings. In-unit electric, internet, water, sewer, and mowing are included with rent, as described.
With its four-unit layout, on-site laundry, and dedicated tenant parking, the property is positioned as a student-friendly rental option near the university.
Key Highlights
- Four‑unit quadplex with a laundry center and in‑unit mini splits
- 0.47‑acre lot with a large tenant parking area
- Remodeled interior with laminate flooring and deck
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 24361, VA
4,555
Population
2,006
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
85%
High-School Grad
54.6 sq mi
ZIP Area
83
Density / Sq Mi
$68,883
Median Household Income
$36,144
Median Earnings
$904
Median Rent
$173,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Remodeled four-unit quadplex with in-unit mini splits, a laundry center, and public water and sewer.
Where is this quadplex located?
The property is located at 31157 Princeton Avenue Meadowview, VA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Four‑unit quadplex with a laundry center and in‑unit mini splits; 0.47‑acre lot with a large tenant parking area; Remodeled interior with laminate flooring and deck
