31157 Princeton Avenue, Meadowview, VA 24361
Local realty services provided by:CENTURY 21 Prime Properties, Inc.
Listed by: robin pennington bise
Office: robin's nest realty llc.
MLS#:105757
Source:VA_SWVAR
Price summary
- Price:$499,900
- Price per sq. ft.:$251.46
About this home
Welcome to The Wasp Nest, a unique and recently remodeled four-unit investment property ideally located beside Emory & Henry University in beautiful Southwest Virginia. Offering approximately 1,988 square feet on nearly half an acre, this property presents an excellent opportunity for investors seeking a turnkey income-producing property in a desirable location. The building features four thoughtfully designed apartments, each offering a private bedroom, full bathroom, and comfortable kitchen/living area. Each unit is equipped with its own mini-split system for year-round comfort, while a convenient laundry center serves the property. Designed with professionals in mind, the property offers a peaceful setting while being within easy walking distance of the university, post office, medical offices, and local dining. Tenant rent includes electric, internet, water, sewer, and lawn maintenance, creating a convenient rental experience and an attractive income opportunity for ownership. The property sits on approximately 0.47 acres with a large parking area and a combination of level and gently rolling terrain. Additional features include a deck, attached parking, public water and sewer, laminate flooring, updated interiors, and a metal roof. Location is another major advantage. The property is just minutes from Interstate 81, Historic Abingdon, Bristol, the Virginia Creeper Trail, and the Appalachian Trail, providing residents with easy access to employment, education, recreation, and regional amenities....
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Home facts
- Year built:1970
- Subdivision & Development:Emory Hills
- Listing ID #:105757
- Added:265 day(s) ago
- Updated:October 07, 2026 at 03:21 PM
Rooms and interior
- Flooring:Newer Floor Covering
- Kitchen Description:Refrigerator
- Living area:1,988 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1970
- Building area:1,988 sq. ft.
- Lot area:0.47 Acres
- Construction Materials:Brick, T1-11
- Exterior Features:Common Laundry, Fence, Paved Street
- Foundation Description:Block
Schools
- High school:Patrick Henry
- Middle school:Glade Spring
- Elementary school:Meadowview
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$251.46
- Tax amount:$885 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Common Laundry, Newer Paint
Parking
- Parking description:Paved Street
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