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31157 Princeton Avenue
Meadowview VA 24361 US

$499,900

Active Listing ID 9991031
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4 bed
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1,988 square feet
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4.00 Bath (4 Full)
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Lot: 0.47 Acres
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Other

$499,900

Active Listing ID 9991031
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31157 Princeton Avenue 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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Property Features

  • Facts
  • Lot Size: 0.47 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Floor Covering: Laminate
  • Roof Type: Metal
  • Additional Features
  • Basement
  • Fireplace
  • Patio

School Information

  • School
  • Meadowview(Elementary)
  • Glade Spring(MiddleSchool)
  • Patrick Henry(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 499900
  • unparsedaddress: 31157 Princeton Avenue
  • postalcity: Meadowview
  • stateorprovince: VA
  • country: US
  • postalcode: 24361
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.47
  • lotsizeunits: Acres
  • lotsizearea: 0.47
  • livingarea: 1988
  • livingareaunits: Square Feet
  • latitude: 36.776515
  • longitude: -81.825062
  • listagentfullname: Robin Bise
  • listagentemail: robinsnestrealty1@gmail.com
  • listagentkey: 3yd-TVARMLS-Bise
  • listagentmlsid: Bise
  • listagentpreferredphone: 2764291132
  • listagentofficephone: 2764291132
  • listofficekey: 3yd-TVARMLS-566
  • listofficemlsid: 566
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1970
  • listingcontractdate: 2026-02-10
  • listagenturl: https://www.robinsnestrealtyllc.com
  • countyorparish: Washington
  • parcelnumber: 068a2 4 2 3
  • elementaryschool: Meadowview
  • highschool: Patrick Henry
  • appliances: Dryer, Range, Refrigerator, Washer
  • constructionmaterials: Brick, T111
  • flooring: Laminate
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Remodeled
  • windowfeatures: Insulated Windows
  • architecturalstyle: Other
  • rooms: Bathroom 3, Bathroom 2, Bathroom 4, Basement, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
  • patioandporchfeatures: Deck
  • basement: Block
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.825066, 36.776516
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ROBIN'S NEST REALTY, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"robinsnestrealty1@gmail.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"ROBIN'S NEST REALTY, LLC", "ListBrokeragePhone":"2763564171", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"204 TOWN SQUARE SUITE 1 GLADE SPRING VA 24340", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"201 Town Square St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"566", "ListOfficeCity":"Glade Springs", "ListOfficeCountry":"US", "ListOfficeEmail":"robinsnestrealty1@gmail.com", "ListOfficePostalCode":"24340", "ListOfficeStateOrProvince":"VA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Meadowview, VA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/31157-Princeton-Ave_Meadowview_VA_24361_M93869-82897?f=listhub&s=TVARMLS&m=9991031&c=rexren", "MLSModificationTimestamp":"2026-08-10 19:02:56", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":885, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/10/2026 7:07:22 PM GMT
Source Updated Date: 8/26/2026 1:01:53 AM GMT

Courtesy of: Robin Bise, Robin's Nest Realty, LLC, robinsnestrealty1@gmail.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.