$698,000

15295 Enterprise Rd Abingdon, VA 24211

Abingdon Area

Estimated payment $3,934/month

-- Bed
-- Bath
7,296 Sq Ft
$96 Price per Sq Ft

Highlights

  • Tile Flooring
  • Fenced
  • Heat Pump System
  • Central Air

About This Home

Exceptional opportunity to acquire a fully occupied 6-unit apartment complex in a convenient Abingdon location on Enterprise Road. With all units currently leased, this income-producing property offers immediate cash flow and strong investment potential. The property consists of two separate parcels, providing flexibility for future use or expansion. A spacious rear lot offers additional possibilities, whether for future development, additional parking, storage, or other value-add improvements, subject to local approvals. Located just minutes from Interstate 81, shopping, employment centers, restaurants, and downtown Abingdon, this property benefits from a desirable location that continues to attract tenants. Its combination of stable occupancy, convenient access, and future upside makes it an attractive addition to any investment portfolio. Whether you're looking to expand your multifamily holdings or invest in a well-positioned income-producing asset, this property offers both immediate returns and long-term potential.

Listing Agent

Lindsay Trudeau

Matt Smith Realty Brokerage Email: 2764771500, Anthony@MattSmithRealtyLLC.com License #0225254617 Listed on: 08/05/2026

Co-Listing Agent

Matt Smith

Matt Smith Realty Brokerage Email: 2764771500, Anthony@MattSmithRealtyLLC.com License #0225165611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1989

Lot Details

  • 1.7 Acre Lot
  • Fenced

Parking

  • Paved Parking

Home Design

  • 7,296 Sq Ft Home
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Range

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Schools

  • Meadowview Elementary School
  • Glade Spring Middle School
  • Patrick Henry High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Septic Tank

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $6,000
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,755

Year Built

Built in 1989

Lot Details

1.7 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.7
  • Road Surface Type: Paved
  • Co List Office Phone: 276-477-1500
  • Directions: On I-81N, take exit 22. Turn right onto Enterprise Road. Property is on the left.
  • Structure Type: One Building
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Fireplace Features: None
  • Flooring: Carpet, Tile
  • Interior Amenities: See Remarks
  • Living Area: 7296
  • Window Features: Other-See Remarks

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Other
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Meadowview
  • High School: Patrick Henry
  • Middle Or Junior School: Glade Spring

Lot Info

  • Lot Size Sq Ft: 74052
  • Zoning: A
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 6000
  • Property Net Operating Income: 4500
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2755.01
  • Tax Lot: 0
  • Tax Map Number: 086A1-7-3
  • Tax Year: 2025

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,639 $613,700 $75,000 $538,700
2025 $2,639 $613,700 $75,000 $538,700
2024 $23 $379,100 $75,000 $304,100
2023 $2,275 $379,100 $75,000 $304,100
2022 $2,275 $379,100 $75,000 $304,100
2021 $2,275 $379,100 $75,000 $304,100
2019 $2,274 $360,900 $75,000 $285,900
2018 $2,274 $360,900 $75,000 $285,900
2017 $2,274 $360,900 $75,000 $285,900
2016 $3,168 $502,900 $75,000 $427,900
2015 $3,168 $502,900 $75,000 $427,900
2014 $3,168 $502,900 $75,000 $427,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2026 08/05/26 For Sale $698,000 -- $96 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Ely Law Group Pc
Source: Public Records

Source: Southwest Virginia Association of REALTORS®

MLS Number: 111338

APN: 086A1 7 3

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