20802 Meadowbrook Dr Unit A Abingdon, VA 24211
Property details
About 20802 Meadowbrook Dr Unit A
Investor Portfolio Opportunity - Abingdon, VA & Bristol, VA! Portfolio Includes: 20796 Meadowbrook (3/2.5), 20814 Meadowbrook (3/2.5), 20802 Meadowbrook (3/2.5), 20824 Meadowbrook (2/2.5) and 149 Leonard St Bristol VA (2/2) Exceptional opportunity to acquire a portfolio of five income-producing duplexes (10 total rental units) located in two strong rental markets: Abingdon, VA and Bristol, VA. Four duplexes located in the desirable Meadowbrook subdivision of Abingdon, VA. One duplex located near Downtown Bristol, VA. Nine of ten units are currently leased, offering immediate rental income. Unit mix includes three 3-bedroom, 2-bathroom buildings and two 2-bedroom, 2-bathroom buildings. Units offer spacious layouts with excellent tenant appeal and convenient locations near community amenities, shopping, and events This portfolio is well-positioned for both seasoned investors looking to expand and new investors seeking a solid, turnkey opportunity with long-term equity potential. Tenants are drawn to the charm and convenience of Meadowbrook as well as the walkability and downtown access in Bristol. Additional financials and rent roll available upon request. Do not disturb tenants. Showings available with acceptable offer or upon request with proper notice. Buyer/Buyers Agent to verify. ** PLEASE NOTE - units vary and interior photographs are taken from 1 unit.
Highlights
Summary
- MLS Number: 9978432
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: KW Bristol
- Office Phone: (423) 225-2703
- Office Email: kwbristol855@gmail.com
- Listing Agent: Paige Scott
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
20802 Meadowbrook Dr Unit A
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Abingdon Elementary School
Public District PK-5
1.8 mi
•19431 Woodland Hills Rd
9
Watauga Elementary School
Public District PK-5
2.6 mi
•23181 Watauga Rd
9
Greendale Elementary School
Public District PK-5
4.9 mi
•13092 McGuffie Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,291. Most Abingdon, VA residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
This home is located at 20802 Meadowbrook Dr Unit A in Abingdon, VA and zip code 24211. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $1,600,000.
Over 5 listings were sold over their listed price in March 2025 in Abingdon, VA. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Abingdon, VA increased by 24.4% between February and March 2025. In March 2025 median list price was $296,000 and the average listing age was 112 days.