$120,000

1075 Menefee Dr Unit &1111 Goode, VA 24556

Estimated payment $652/month

-- Bed
-- Bath
1,932 Sq Ft
$62 Price per Sq Ft

About This Home

**Attention Investors!** Two (2) manufactured home rental properties on 2+ acres right off HWY 460 in Bedford County are ready to make you money! Cash flow at over $14,000/year with low expenses and still plenty of room for a fair-market rent increase. Long term tenants want to stay! Shared well (pump just replaced) and 2 septic systems. Fantastic location between Bedford and Lynchburg! Sale includes 1075 Menefee Drive (3 bed 2 bath), 1111 Menefee Drive (2 bed 2 bath), and 2.328 acres of prime Bedford County real estate. Seasonal views of the Peaks of Otter are icing on the cake! Contact listing agent for more details.

Listing Agent

Jeremy Trost

Mark A. Dalton & Co., Inc. License #0225268431 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 1992

Lot Details

  • 2.33 Acre Lot

Interior Spaces

  • 1,932 Sq Ft Home
  • Vinyl Flooring

Parking

  • Unpaved Driveway
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 15116300

Community Details

Overview

  • Mtn View Subdivision

Building Details

  • Net Lease
  • Insurance Expense $71
  • New Taxes Expense $60
  • Gross Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$221

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: From HWY 460, turn onto Menefee Drive. Bear left on Menefee Drive and properties are located on the right.
  • Internet Providers: Shentel, Verizon
  • Days On Market: Yes
  • Prop. Type: Multi-Family
  • Year Built: 1992
  • Garage Yn: No
  • Taxes Expense: 59.86
  • Property Sub-Type: Multi-Family
  • Total Gross Income: 14700.00
  • Subdivision Name: Mtn View
  • Unit Info Number Furnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Vinyl
  • Walls: Drywall

Garage/Parking

  • Parking Features: Off Street Parking, Unpaved Drive

Utilities

  • Utility Electric: Southside Elec CoOp
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Junior High Dist: Bedford

Lot Info

  • Acres: 2.3280
  • Lot Size Sq Ft: 101408.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 15116300

Rental Info

  • Sub Lease: No
  • Types Of Leases: Month to Month
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00

Tax Info

  • Estimated Taxes: 221

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Insurance Expense: 71.14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $120,000 -- $62 / Sq Ft
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 363202