Multifamily
(Multi Family)
31157 Princeton Ave, Meadowview, VA 24361
Traditional
Stories: 2
FOR SALE
Price: $525,000
Price Per ft²: $264.08
List Date: 2026-02-10
DOM:
1
City Tax: $0 County Tax: $885Expenses Include: Cable TV, Water/Sewer, Waste, Taxes Real Estate, Repairs and Maint, Lawn Maint, ElectricUtilities Expenses: $
City Tax: $0 County Tax: $885Expenses Include: Cable TV, Water/Sewer, Waste, Taxes Real Estate, Repairs and Maint, Lawn Maint, ElectricUtilities Expenses: $
Year Built: 1970 pre-1978 Homes
Total Area: 1,988 ft² (Finished & Unfinished)
Heating: See Remarks Cooling: See Remarks Water & Sewage: Public
Appliances: Dryer, Washer, Refrigerator, Range
Description
Rare investment opportunity beside of Emory and Henry University, a small prestigious, private school in the beautiful mountains of Southwest Virginia. This former E & H home has been newly remodeled into a four unit apartment building with laundry center. The Wasp Nest is designed for Professional and/or Emory Students to enjoy quiet, peaceful living. Rent on each unit includes electric, internet, water, sewer, and mowing. Walk to class, the post office, medical office, restaurant, and all the University has to offer with its many athletic and academic functions. This property has almost half an acre with a large parking area for tenants. Each apartment is thoughtfully designed with kitchen/lr combo, bedroom and bathroom. A mini split is in each unit for comfort year round. This apartment unit is minutes away from I-81, Historic Abingdon, Bristol, The Virginia Creeper Trail, and Appalachian Trail.
Community Information
- Geographical
- County: Washington
- Subdivision:
- Zoning: VIllage
- School System
- Meadowview Elementary
- Glade Spring Middle
- Patrick Henry High
Interior
Other Rooms: Laundry Rooms with Fireplaces: Brick, Living Room Flooring: Laminate Basement & Foundation: Block Other Features: Remodeled
Exterior
Porch, Patio, Decking Detail: Deck Roof: Metal Exterior Finish: Brick, T111
Photos
Listing by
Robin's Nest Realty, Llc