101 Patrick Henry Drive
Louisa, VA, 23093 $ 850,000
Bedrooms6 Baths0.0 Monthly Estimate*
$ 5,234
for $850,000 with 6 bedrooms. This home was built in 1964.
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 areas 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 youre 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 todays market.
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FeaturesGeneralLiving Area 0
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Subject to Existing Lease
Appliances Refrigerator Oven/Range - Electric Stainless Steel Appliances
Zoning RESIDENTIAL
Architectural Style Unit/Flat
Construction Materials Brick
School District LOUISA COUNTY PUBLIC SCHOOLS
Year Built 1964
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County LOUISA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions FromI95 Take Exit 118 toward Thornburg US 1 at the roundabout take second exit onto MUDD Tavern Rd Turn Left onto Courthouse Rd at the roundabout take second exit onto Zachary Taylor Hwy Turn Right o
City LOUISA
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 2264.0
Property Condition Very Good
Two Bedroom 2
Structure Type Detached
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Legal Subdivision DONNELLYS DALE
Tax Lot 1
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InteriorHeating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking Driveway Parking Lot
Foundation Details Slab
Water View Y/N N
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 43600.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByColdwell Banker EliteBroker
dbailey@coldwellbankerelite.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,234
- Monthly Property Taxes
- $189
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Louisa, VA
Average List Price $850,000
Percent of Sale Price 0%
About Louisa, VA 1,582 Population
23% Since 2002
$ 43,222 Median Income
41.09 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533390 Elementary School
3534008 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/5/2026 | $850,000 | | Listed Price |