Residential Income

Meherrin, VA Residential Income Properties for Sale

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Green Bay, VA Keysville, VA Victoria, VA Farmville, VA Rice, VA Drakes Branch, VA Lunenburg, VA Crewe, VA
Acreage with Subdivision Potential
Updated: Apr 7
Acreage with Subdivision Potential

Farmville Rd, Meherrin, VA 23954

$159,900
12.70 AC lot
12.70‑acre acreage in Meherrin with enough road frontage to subdivide the tract
Property sold AS‑IS and includes one singlewide mobile home and an old cinderblock home
Mobile home was rented until 01/2026 (leased history per seller)
Utilities and services include a well and 2 septic systems on‑site
Most of the property was recently cleared
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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.

15-Unit Mobile Home Park Portfolio
15-Unit Mobile Home Park Portfolio

5920 Farmville Rd, Farmville, VA 23901

$429,900
1,850 sqft 2.82 AC lot

Mixed residential improvements include a renovated 1930s home, single-wide mobile homes, and a metal shop with attached sheds.

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Alpaca Farm Estate with Pastures
Alpaca Farm Estate with Pastures

768 Hardtimes Rd, Farmville, VA 23901

$995,000
1,152 sqft

The property combines a custom residence with a detached guest apartment, retail space, farm outbuildings, and a pool.

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5-Unit Apartment Building
5-Unit Apartment Building

204 Tunstall Avenue, Blackstone, VA 23824

$275,000
1,924 sqft

Five occupied apartments offer a mix of one- and two-bedroom layouts with individual electric baseboard heat and window air conditioning.

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2-Unit Duplex with Hardwood Floors
2-Unit Duplex with Hardwood Floors

207 Tunstall Avenue, Blackstone, VA 23824

$160,000
2,028 sqft

Both residences have heat pumps and central air conditioning.

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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.

Wooded Lot in Rural Setting
Wooded Lot in Rural Setting

0 Bakers Circle lot: 8, Cullen, VA 23901

Contact for pricing
2.00 AC lot

Two-acre wooded lot suitable for residential or recreational use.

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Wooded Residential Building Lot
Wooded Residential Building Lot

FORT DR lot: 11, Pamplin, VA 23958

$60,000
7.15 AC lot

Wooded lot in a cul-de-sac with electrical available and creek frontage for a single-family home build.

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Drakes Branch Land Opportunity
Drakes Branch Land Opportunity

Old Kings Road, Drakes Branch, VA 23937

$150,000
43.71 AC lot

43 acres of land near Kings Highway, Drakes Branch, VA.

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Rural Home Site with Room to Build
Rural Home Site with Room to Build

3335A REDD SHOP RD, Farmville, VA 23901

$45,000
3.00 AC lot

Three-acre property in Prince Edward County suited for a custom residence, gardens, or a hobby farm setting.

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Meherrin, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Meherrin, VA on our real estate platform.

Sale prices for residential investment properties in Meherrin, VA average $159,900 — 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

Single family properties 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Meherrin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23954 $159.9K

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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