15295 Enterprise Drive Abingdon, VA $ 698,000
15295 Enterprise Drive
$ 698,000
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15295 Enterprise Drive

Abingdon, VA, 24211
$ 698,000
Baths0.0 Sq 7,296

Monthly Estimate*

$ 4,407

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View a Virtual Tour
Studio

Multi-Family Home for sale in Abingdon, VA

for $698,000. This 7,296 square foot home was built in 1989 on a lot size of 1.7.

Exceptional opportunity to acquire a fully occupied 6-unit apartment complex in a convenient Abingdon location on Enterprise Road. With all units currently leased, this income-producing property offers immediate cash flow and strong investment potential. The property consists of two separate parcels, providing flexibility for future use or expansion. A spacious rear lot offers additional possibilities, whether for future development, additional parking, storage, or other value-add improvements, subject to local approvals. Located just minutes from Interstate 81, shopping, employment centers, restaurants, and downtown Abingdon, this property benefits from a desirable location that continues to attract tenants. Its combination of stable occupancy, convenient access, and future upside makes it an attractive addition to any investment portfolio. Whether you're looking to expand your multifamily holdings or invest in a well-positioned income-producing asset, this property offers both immediate returns and long-term potential.

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Multi-Family Contingent

Price

$ 698,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,755

Style

Multi Family

Lot Size

1.7

Year Built

1989

Town/City

Abingdon

County/Region

Washington

MLS | Web ID

111338

Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Central Air
Utilities Natural Gas Not Available
Roof Shingle
Appliances Range Refrigerator Washer Dryer
Zoning A
Construction Materials Vinyl Siding Dry Wall
Year Built 1989
Property Subtype Multi Family
Tax Year 2025
Waterfront Features None
County Washington-VA
Property Type Residential Income
Status Active Contingency
Directions On I-81N take exit 22. Turn right onto Enterprise Road. Property is on the left.
High School Patrick Henry
City Abingdon
MLS Area Abingdon
Lot Size Units Acres
Lot Size Square Feet 74052
Elementary School Meadowview
Tax Annual Amount 2755.01
Middle/Junior High School Glade Spring
Virtual Tour tour.usamls.net/15295-Enterprise-Dr-Abingdon-VA-24211/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Tax Lot 0
Freehold IDX BBO
Contingency Appraisal
Electric Separate Meters
Gross Income 6000
Net Operating Income 4500
Structure Type One Building
Number Of Units Total 6
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Interior
Interior Amenities See Remarks
Flooring Carpet Tile
Fireplace Features None
Air Conditioning Y/N true
Heating Y/N true
Window Features Other-See Remarks
Above Grade Finished Area 7296
Laundry Features Laundry Closet
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Above Grade Finished Area Unit Type Square Feet
Total Fireplaces 0
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Exterior
Exterior Amenities Other
Parking Features Paved
Water Source Public
Lot Size Area 1.7
Foundation Details Slab
Building Area Total 7296
Lot Size Acres 1.7
Waterfront Y/N false
Irrigation Water Rights Y/N false
Fencing Fenced
Road Surface Type Paved
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* Excluded Features
List By
Matt Smith Realty

Broker

lindsaytrudeau.realtor@gmail.com

Email

Affordability Calculator

$4,637
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,407
Monthly Property Taxes
$230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1875526 Elementary School
1875591 Middle School
Patrick Henry High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$698,000 Listed Price

Map


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15295 Enterprise Drive, Abingdon, VA, 24211 is a Multi-Family Home for sale at $698,000 with 7,296 sqft and a lot size of 1.7. 15295 Enterprise Drive is a studio with 0.0 baths and was built in 1989. The property's zip code is 24211 which is in Abingdon, VA