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 Cullen, 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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

Five-Unit Apartment Building
Five-Unit Apartment Building

204 Tunstall Avenue, Blackstone, VA 23824

$275,000
1,924 sqft

Fully occupied multifamily property with varied apartment layouts, on-site parking, and access to downtown amenities.

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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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Duplex with Hardwood Floors
Duplex with Hardwood Floors

207 Tunstall Avenue, Blackstone, VA 23824

$160,000
2,028 sqft

Two occupied units offer separate layouts with central air conditioning and heat pumps.

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Special Purpose
Special Purpose

190 & 192 Vacation Drive, Farmville, VA 23901

Contact for pricing

Short term rental properties

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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 Land with Creek Frontage
Wooded Land with Creek Frontage

Springfield Rd lot: 37, Meherrin, VA 23954

$139,900
28.75 AC lot

Unrestricted 28.75-acre wooded land with creek, near Farmville, VA.

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Cullen, VA Wooded Building Lot
Cullen, VA Wooded Building Lot

Bakers Circle Road lot: D, Cullen, VA 23934

$34,900
3.66 AC lot

3.66 acre wooded lot in a quiet rural setting.

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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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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 income 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%

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Prince Edward County

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