$499,000

765 Ivanhoe Rd Max Meadows, VA 24360

Estimated payment $2,806/month

8 Beds
4 Baths
1,784 Sq Ft
$280 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Fenced
  • Carpet

About This Home

Discover a rare multi-unit opportunity in Max Meadows: four buildings comprised of two side by side duplexes at 765, 767 & 797 Ivanhoe Road. Two buildings located at 765 & 767 and two buildings located at 797. The units offer 2 bedrooms, 1 bath, kitchen, living room and laundry. Each brick building features a durable metal roof, county water and septic, and convenient off street parking with two spaces per unit, plus efficient heat pumps in every unit. $800 monthly per unit and no utilities included. Located less than 2 miles from Fort Chiswell, you'll enjoy quick access to shopping, medical facilities, schools, places of worship, and everyday essentials, and you're within about 8 miles of the New River Trail State Park in Austinville for biking, hiking, and outdoor recreation. Nearby Wytheville adds even more to love, enjoy local dining and shopping, explore the Edith Bolling Wilson Birthplace Museum, catch a show at the Wohlfahrt Haus Dinner Theatre, or spend time outdoors at several Recreation and Walking Parks making this location appealing for both residents and investors seeking strong rental potential in a convenient, amenity rich area.

Listing Agent

Sherry Long

KW Wytheville Brokerage Phone: 5402086102 License #0225088807 Listed on: 04/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,698

Year Built

  • Built in 1989

Lot Details

  • 1.39 Acre Lot
  • Fenced

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 1,784 Sq Ft Home
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Sheffey Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Septic Tank

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $3,200
  • Net Operating Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,698

Year Built

Built in 1989

Lot Details

1.39 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.39
  • Road Surface Type: Paved
  • Directions: Traveling I81 N, take Exit 80 (Fort Chiswell/Max Meadows, turn right onto Max Meadows Road, continue on Fort Chiswell Road for 1.2 miles, turn right onto Ivanhoe Road, go 1 mile and property will be on the right.
  • Structure Type: Side by Side, Two Buildings
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Vinyl
  • Living Area: 1784
  • Window Features: Insulated Windows, Vinyl

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Foundation Details: Brick/Mortar
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 2 Bdrm-Central A/C
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Sheffey
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 60548.4
  • Zoning: RES
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3200
  • Property Net Operating Income: 3200
  • Number Of Units Leased: 4
  • Total Actual Rent: 3200
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1698
  • Tax Lot: 00
  • Tax Map Number: 044 -004-0000-0025
  • Tax Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $832 $163,200 $25,000 $138,200
2024 $832 $163,200 $25,000 $138,200
2023 $832 $163,200 $25,000 $138,200
2022 $832 $163,200 $25,000 $138,200
2021 $514 $95,100 $25,000 $70,100
2020 $514 $95,100 $25,000 $70,100
2019 $514 $95,100 $25,000 $70,100
2018 $514 $95,100 $25,000 $70,100
2017 $466 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $95,200 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 For Sale $499,000 -- $280 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

About the Listing Agent

Sherry Long

KW Wytheville

(276) 664-8287

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Serving clients with a "servant's heart" I am a lifelong resident of Wythe County while graduating from Rural Retreat High School and acquiring a Business Management degree from Wytheville Community College. I attended Moseley Dickinson School of Real Estate and obtained my real estate license in 2005. I have 35 years experience serving the public through working at the Town of Wytheville Parks & Recreation for 7.5 years and Town of Wytheville Treasurer's Office for 10.5 years. Retiring in 2022

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Source: Southwest Virginia Association of REALTORS®

MLS Number: 109596

APN: 044-004-0000-0026

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