101 Patrick Henry Drive Louisa, VA 23093
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Elite / Delaney Bailey

  101 Patrick Henry Drive Louisa, VA 23093

Active (5 Days)
$850,000 (USD)

Description

Turnkey, income-producing multi-family investment in the heart of Louisa County. This recently renovated 4-unit apartment building / 4-plex ( 2 one bedroom units, 2 two bedroom units) offers immediate cash flow with low overhead + steady income, making it a standout opportunity for investors seeking stability and simplicity.All four units are fully leased with active leases in place, providing consistent rental income from day one. Recent updates include stainless steel appliances, ample parking, durable LVP flooring throughout and no carpet, a highly desirable feature for investors focused on low maintenance, reduced turnover costs, and long-term durability. The property has been improved and maintained with ease of ownership in mind, minimizing ongoing expenses and hands-on management. Tenants pay water, sewer, trash, and internet.Centrally located near the Town of Louisa, this fourplex investment property benefits from strong rental demand supported by the area’s continued growth, affordability, and small-town charm. Convenient access to Lake Anna, Charlottesville, and Richmond enhances tenant appeal and long-term investment performance, while limited multi-family inventory further strengthens value.Whether you’re pursuing a 1031 exchange, adding a cash-flowing fourplex to an existing portfolio, or seeking a low-maintenance multi-family asset, this rare opportunity delivers location, occupancy, and performance. Investor-grade 4-plex properties of this caliber are seldom available in today’s market.

MLS #:
VALA2009088
Taxes
$256,300(2025)
Type
Multifamily
Year Built
1964
Style
Unit/Flat
School District
Louisa County Public Schools
County
Louisa County

Listed By

Delaney Bailey, Coldwell Banker Elite
Source
BRIGHT IDX
Last checked Jan 9 2026 at 9:19 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Oven/Range - Electric
  • Stainless Steel Appliances
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Slab
Heating and Cooling
  • Forced Air
  • Central A/C
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/9/26 13:19