SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. A very rare multi-family income generating offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale on one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing to lease unused spaces, bringing rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.

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Location Information

UsmAreaSperryville

School Information

High School DistrictRappahannock County Public Schools
School District SourceListing Agent

Parking

Parking FeaturesGravel Driveway, Concrete Driveway
Parking TypesOff Street

Location

Address11947 Lee Highway
Building Number11947
CountyRappahannock
DirectionsRte 211 South (Lee Hwy) towards Shenandoah National Park. Property is on the right in the village.
Living Area SourceEstimated
StateVA
TownSperryville
Zip22740

Interior

Walls CeilingsDry Wall

Utilities

CoolingDuctless/Mini-Split
Cooling FuelElectric
Electric200+ Amp Service
Heat SystemHeat Pump(s)
Heating FuelElectric
Heating YNYes
SewerPublic Sewer
UtilitiesPropane, Electric Available, Sewer Available, Water Available
Water Heater60+ Gallon Tank
Water SourceWell

Basic Information

Broker NameCheri Woodard Realty
List Price$559,000
MLS NumberVARP2002446
MLS Property TypeResidential Income
Price Per Square Foot444
StatusACT
Units4
Units FurnishedNone

Basic Information

Date Listed01/08/2026

Property

Acreage1.37
Lot Size SourceEstimated
Lot Size Square Feet59,677.2
New Construction YNN
Number Of Units Leased4
Number Of Units Mo Mo5
Property SubTypeQuadruplex
ZoningHIGHWAY COMMERCIAL
Zoning DescriptionGrandfathered residential use in Highway Commercial zoning district.

Amenities

Accessibility Amenities36"+ wide Halls
PoolNo Pool

Legal

Existing Lease TypeMonth to Month
Landusecode4
PossessionSettlement
Rent Control YNN
Sale TypeStandard
Total Actual Rent37200

Tax Information

Assessment Year2022
City Town Tax Payment FrequencyAnnually
County Tax$1,970
County Tax Payment FrequencyAnnually
Tax Assessment Amount$358,100
Tax Lot5
Tax Year2022
Taxes$2,149
Total Taxes Payment FrequencyAnnually

Building

Construction MaterialsVinyl Siding
FoundationStone
One Bedroom Units4
Property StyleCottage
Single Room Units1
Square Feet1,260
Structure Design TypeDetached
Year Built1900

Exterior

RoofMetal, Shingle, Asphalt

Property Information

Area Total1,260
Area Total SourceEstimated
Below Grade Area Total SourceEstimated

Other

Operating Expense IncludesInsurance

Copyright 2026 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 15, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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11947 Lee HighwaySperryville, VA 22740Price: $559,000

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11947 Lee HighwaySperryville, VA 22740Price: $559,000

$/month over payments

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