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    Meherrin, VA
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    Meherrin, VA Multifamily Properties for Sale

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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.

    Duplex with Singlewide Home
    Duplex with Singlewide Home

    3359 S Constitution Route, Dillwyn, VA 23936

    $215,000
    1,524 sqft 3.18 AC lot

    A duplex plus singlewide on 3.18 acres, offering flexible living arrangements and rental income options.

    View details
    15-Unit Manufactured Housing Portfolio
    15-Unit Manufactured Housing Portfolio

    5920 Farmville Road, Farmville, VA 23901

    $429,900
    720 sqft

    Portfolio includes a renovated main home, 14 single-wide mobile homes, and a metal shop with attached sheds on one parcel.

    View details
    Versatile Duplex in Farmville, VA
    Versatile Duplex in Farmville, VA

    4644 Farmville Road, Farmville, VA 23901

    $425,000
    2,300 sqft

    2,300 sq ft duplex leased for office use.

    View details
    Multifamily Property with Income Growth
    Multifamily Property with Income Growth

    221 Brickyard Dr, Dillwyn, VA 23936

    $4,500,000

    Stabilized multifamily asset with income growth and expansion potential.

    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.

    Blackstone VA Land Opportunity
    Blackstone VA Land Opportunity

    Nottoway Ave lot: 9, Blackstone, VA 23824

    $274,900
    37.53 AC lot

    37.53 acres in Blackstone, VA with development potential.

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    Land in Gladys, Virginia
    Land in Gladys, Virginia

    3B Mohawk, Gladys, VA 24554

    Contact for pricing
    2.00 AC lot

    Two-acre lot suitable for various residential builds.

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    Residential Lot in Gated Community
    Residential Lot in Gated Community

    63 Cimmarron Trail lot: 50C, Bracey, VA 23919

    Contact for pricing
    0.15 AC lot

    Residential lot in waterfront community with many amenities.

    View details
    Altavista Land For Sale
    Altavista Land For Sale

    0-Tract 7 Dearing Ford Road, Altavista, VA 24517

    $39,900
    1.31 AC lot

    1.31 acre multi-family zoned land near Altavista shopping.

    View details

    Meherrin, VA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties 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 multifamily properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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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