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For sale
  • $449,000

    5918-5938 N Lee Hwy, Fairfield, VA 24435

    17beds
    12baths
    10,323sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $412,200 Zestimate®
    $43/sqft
    $-- HOA

    What's special

    INVESTMENT OPPORTUNITY: 8-unit residential rental portfolio centrally located in Fairfield, VA at I-81 exit 200 provides strong cash flow and high long-term occupancy. Over $47,000 of annual in-place rent with potential upside to rents with improvements. Three separate tax map parcels totaling 6.29 acres with long frontage on U.S. Rt. 11 provides exciting future redevelopment potential. The portfolio is comprised of the ''Black and White Cabins'' property, featuring one single family cabin and two duplexes, and the ''Conners'' property, offering a large single family brick residence and two singlewide manufactured homes. Property is sold AS IS with qualified buyers strongly encouraged to conduct due diligence prior to a contract.
    22 days
    on Zillow
    |
    1,261
    |
    82
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2025 at 07:39am

    Listed by:

    Will Moore 540-460-4602,

    James Wm. Moore Real Estate Co.

    Source: Rockbridge Highlands REALTORS®,MLS#: 139420MLS Logo
    Travel times

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    We'll find a local expert to take you on a private tour of 5918-5938 N Lee Hwy.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 12
    Heating
    • Baseboard Electric, Oil
    Cooling
    • Central Air, None
    Interior area
    • Total structure area: 10,323
    • Total interior livable area: 10,323 sqft

    Property

    Lot
    • Size: 6.29 Acres
    • Features: Other
    Details
    • Zoning description: Agricultural

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Existing Septic
    • Water: Well

    Community & HOA

    Location
    • Region: Fairfield

    Financial & listing details

    • Price per square foot: $43/sqft
    • Annual tax amount: $3,021
    • Date on market: 7/21/2025
    • Lease term: Month To Month
    • Road surface type: Paved
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