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11947 Lee Highway, Sperryville, VA 22740

$559,000

SAVE TOUR THIS HOME

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ACTIVE

BEDS0 BATHS SQUARE FEET1,260 MLS#VARP2002446

STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLRAPPAHANNOCK COUNTY PUBLIC SCHOOLS

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Property Description

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.

11947 Lee Highway | MLS# VARP2002446

This multi-family property located at 11947 Lee Highway, Sperryville, VA 22740 is currently listed for sale with an asking price of $559,000. Lee Highway is located within the RAPPAHANNOCK COUNTY PUBLIC SCHOOLS school district. Search Sperryville real estate on www.philrussellrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Ductless/Mini-Split

Fuel Type: Electric

Heating: Heat Pump(s)

Home Style: Cottage

Lot Size: 1.37 Acres

Roof Type: Metal, Shingle, Asphalt

Taxes: $2,149

Year Built: 1900

Feature Descriptions

Accessibility: 36"+ wide Halls

Additional Structures: Above Grade, Below Grade

Days on Site: 53

Electric: 200+ Amp Service

Exterior: Vinyl Siding

Lot Dimensions: 1.37 Acre(S)

One Bedroom Units: 4

Parking Notes: Gravel Driveway, Concrete Driveway

Sewer: Public Sewer

Structure Type: Detached

Studio Efficiency Units: 1

Units: 4

Utilities: Propane, Electric Available, Sewer Available, Water Available

Water: Well

Local Schools

School District: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Cheri Woodard Realty
Agency Phone: 5409878500

Shown By

Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties

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Estimated Payment

$ 3,168.73 per month $2,826.61 Principal & Interest $179.08 Property Tax $163.04 Homeowner's Insurance

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11947 Lee Highway, Sperryville, VA 22740

$559,000

SAVE TOUR THIS HOME

©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:03:51 AM EST) or CAAR MLS (last updated Mon 03/02/2026 11:10:43 PM EST) or CVRMLS (last updated Mon 03/02/2026 11:58:25 PM EST) or Bright MLS (last updated Mon 03/02/2026 11:58:09 PM EST). Real estate listings held by brokerage firms other than Joyner Fine Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement.
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