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11947 Lee Highway Sperryville, VA $ 559,000
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11947 Lee Highway
$ 559,000
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11947 Lee Highway

Sperryville, VA, 22740
$ 559,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,442

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Multi-Family Home for sale in Sperryville, VA

for $559,000 with 4 bedrooms. This home was built in 1900 on a lot size of 1.37.

SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. A very rare multi-family income generating offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale on one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing to lease unused spaces, bringing rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.

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Multi-Family Active

Price

$ 559,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,149

Style

Cottage

Lot Size

1.37

Year Built

1900

Town/City

Sperryville

County/Region

Rappahannock

MLS | Web ID

VARP2002446
Features
General
Living Area 1260
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Utilities Propane Electric Available Sewer Available Water Available
Possession Settlement
Roof Metal Shingle Asphalt
Zoning HIGHWAY COMMERCIAL
Architectural Style Cottage
Construction Materials Vinyl Siding
School District RAPPAHANNOCK COUNTY PUBLIC SCHOOLS
Year Built 1900
Electric 200+ Amp Service
Property Subtype Quadruplex
Tax Year 2022
Ownership Fee Simple
Cool Fuel Electric
Accessibility 36 + wide Halls
County RAPPAHANNOCK
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 Rte 211 South (Lee Hwy) towards Shenandoah National Park. Property is on the right in the village.
City SPERRYVILLE
Disclosures Flood Zone
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 59677.20
Number of Units Leased 4
Tax Annual Amount 2149.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 443.65
Acceptable Financing Cash Exchange Contract Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 5
Total Actual Rent 37200.00
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water 60+ Gallon Tank
Furnished Units None
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Gravel Driveway Concrete Driveway
Water Source Well
Type of Parking Off Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 1.37
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 120000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 11947
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* Excluded Features
List By
Cheri Woodard Realty

Broker

robert@cheriwoodard.com

Email

Affordability Calculator

$3,621
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,442
Monthly Property Taxes
$179
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.
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Nearby
3535023 Elementary School
3536200 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2026$559,000 Listed Price

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11947 Lee Highway, Sperryville, VA, 22740 is a Multi-Family Home for sale at $559,000 with a lot size of 1.37. 11947 Lee Highway has 4 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 22740 which is in Sperryville, VA

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