Meadowview VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
6,345
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Year built:
1985
Baths:
MLS#:
9967903
Subdivision:
Not In Subdivision

ADDITIONAL INFORMATION

*Seller willing to PAY UP TO $12,000.00 TOWARDS RATE BUY-DOWN with full-price offer!* This exceptional property, with 2 buildings, presents a unique opportunity with Village District Zoning! The main residence, boasting 4600+ sq. ft. and designed in a U-shaped layout, is currently split into two large units. The first unit, just over 2200 sq. ft., features 5 spacious bedrooms, 3 full bathrooms, and a newly renovated kitchen. The second unit, just under 2400 sq. ft., is one of the most distinctive features of this property — a 1939 two-room schoolhouse with 14+ foot ceilings and spacious sunroom off the front of the home. At the back of the unit, a conservatory overlooks the 1100 sq. ft. landscaped courtyard, complete with a covered picnic area. The unfinished schoolhouse is a blank canvas — currently configured with 5-6 bedrooms — that carries a rich history and a unique opportunity for creative transformation into private living quarters, offices, or a community-shared living area. The units are connected by a large utility/laundry room that could be used as a communal laundry area for each unit. The property also includes a completely renovated, 1985 two-story duplex home, converted into two separate 864 sq. ft. apartments. The lower unit offers a bedroom with a full bathroom, a half bath, and a spacious living area, while the upper unit — currently used as an easily transferable income-producing short-term rental — features a full kitchen, living room, 2 bedrooms, and a full bathroom. This property could be used as a generous primary residence, or capitalize on the potential of STRs, much-needed MTRs for healthcare professionals at nearby JMH, or LTRs for E&H students. Village District Zoning permits uses as business offices, retail, beauty/barber shops, and more; while special exception uses include daycares, rest/group homes, motels, restaurants, and more! With its diverse income-generating potential, the options are limitless!

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Meadowview Real Estate

The median home value in Meadowview, VA is $201,000. This is lower than the county median home value of $203,200. The national median home value is $338,100. The average price of homes sold in Meadowview, VA is $201,000. Approximately 53.73% of Meadowview homes are owned, compared to 29.83% rented, while 16.45% are vacant. Meadowview real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Meadowview real estate agent to arrange a tour today!

Meadowview, Virginia has a population of 966. Meadowview is more family-centric than the surrounding county with 29.54% of the households containing married families with children. The county average for households married with children is 25.39%.

The median household income in Meadowview, Virginia is $41,875. The median household income for the surrounding county is $54,737 compared to the national median of $69,021. The median age of people living in Meadowview is 37.7 years.

Meadowview Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 44.6 inches per year, with 11.7 inches of snow per year.

Meadowview Real Estate Market Conditions

  • Median sales price

    $201,000
    16.2% change since last quarter
  • # Active listings

    14
    30-day change

Meadowview Schools and Demographics

Education near Meadowview, VA

Metric City County
High School Graduates 82.51 87.89
College Degree - 2 year 17.34 9.84
College Degree - 4 year 17.18 24.65
Graduate Degree 2.32 6.35
Expenditures per Student 11,401 11,401
Students per Teacher 11.7 11.7

Elementary Schools near Meadowview, VA

School Grades Students P/T Ratio ZIP
Abingdon Elementary School PK - 05 512 14.9 24210
Greendale Elementary School PK - 05 335 14 24210
Meadowview Elementary School PK - 05 647 17.3 24361
Rhea Valley Elementary School PK - 05 456 14 24361
Watauga Elementary School PK - 05 572 15.7 24211

Middle Schools near Meadowview, VA

School Grades Students P/T Ratio ZIP
Damascus Middle School 06 - 08 242 12.2 24236
E.B. Stanley Middle 06 - 08 700 14.6 24210
Glade Spring Middle School 06 - 08 295 13.2 24340

High Schools near Meadowview, VA

School Grades Students P/T Ratio ZIP
Abingdon High School 09 - 12 852 14.3 24210
Holston High School 09 - 12 299 12.4 24236
Patrick Henry High School 09 - 12 412 13.9 24340

Ungraded Schools near Meadowview, VA

School Grades Students P/T Ratio ZIP
A. Linwood Holton Gov. School UG - UG 0 24210
Career & Technical Education Center UG - UG 0 24210
Career & Technical Education Center UG - UG 0 24210

Demographics near Meadowview, VA

Metric City County
Neighborhood Type Suburban
Population 966 53,997
Population Density 2,025 96
Median Age 37.7 46.6
People per Household 2.5 2.4
Median Household Income 41,875 54,737
Average Income per Capita 24,282 30,771