Last Sold Price
16033 Steinman Rd, Abingdon, VA 24210

Description

Great Investment Opportunity! Four large units that are in great shape with most of the remodeling already done! The two upper units also have large decks. New paved driveway in 2023. Security cameras already in place. Lower level has a garage for storage or parking. All units have a range and refrigerator; 3 units have dishwashers All units have been rented with no smoking and no pets. Total gross rental income is around $46,500 per year. Owner pays for water/trash. Great cash flow! Property is...Great Investment Opportunity! Four large units that are in great shape with most of the remodeling already done! The two upper units also have large decks. New paved driveway in 2023. Security cameras already in place. Lower level has a garage for storage or parking. All units have a range and refrigerator; 3 units have dishwashers All units have been rented with no smoking and no pets. Total gross rental income is around $46,500 per year. Owner pays for water/trash. Great cash flow! Property is on 2.29 acres with the potential for additional properties.
LISTING CLOSED: 04/15/2025 12:00 AM

  1. Listed by Carla Dunn • Premier Homes & Properties

Property Details for 16033 Steinman Road

Status
MLS #
9976658
Days on Market
46
Taxes
$1,107 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / Quadruplex
Year Built
1996
Lot Size
2.29 AC / 99,752 SF
Architectural Style
Other
Zoning
Commercial
Subdivision
Not In Subdivision

Recent comparable sales

Median sold price

$427,000

Avg days on market

111

Sale-to-list ratio

92.6%

Abingdon, VA

9 comparable properties found

$1,125,000 | 623 Wyndale Road, Unit 6, Abingdon, VA 24210
1/25
1

$1,125,000

Sold 01/05/26

8
Bedrooms
4,100
Square Feet
1.88
Acres
2

$325,000

Sold 07/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,384
Square Feet
0.24
Acres
3

$427,000

Sold 12/06/24

Unavailable
Bedrooms
Unavailable
Bathrooms
6,197
Square Feet
0.19
Acres
4

$369,000

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,294
Square Feet
Unavailable
Acres
$1,600,000 | 20802 Meadowbrook Drive, Unit A, Abingdon, VA 24211
1/47
5

$1,600,000

Sold 05/30/25

22
Bedrooms
Unavailable
Square Feet
0.35
Acres
6

$289,000

Sold 01/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,950
Square Feet
0.5
Acres
7

$450,000

Sold 01/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,389
Square Feet
0.11
Acres
8

$485,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
5,388
Square Feet
0.14
Acres
9

$400,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,000
Square Feet
1.12
Acres

Location

Add your commute

Building Information for 16033 Steinman Road

Stories2Residences4Year Built1996Building Size-Lot Size2.29 AC / 99,752 SF

Payment Calculator

$2,049 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,957

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16033 Steinman Road

Summary
Location and General Information
  • City: Abingdon
  • County: Washington
  • Directions: Porterfield Hwy S.W. (U.S. 19N) towards Hansonville/Bluefield; go 1.2 miles and turn right on VA-1533. Turn Right on Rustic Lane. Turn Left on Steinman Road. Go .1 mile and property is on the right. See sign.
  • Latitude: 36.72
  • Longitude: -82.01
  • Postal Code: 24210
  • State Or Province: VA
  • Topography: Sloped
  • General Property Description : Zoning: Commercial
Taxes and HOA Information
  • Association: No
  • Parcel Number: 104 6 3 006930
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 160001742
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,107.00
School Information
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley
  • Elementary School: Abingdon
Parking
  • Garage Spaces: 1.00
  • Attached Garage: No
Virtual Tour
Property
Lot Information
  • Lot Size Dimensions: 2.29 Acres
  • Lot Size Square Feet: 99,752.40
  • Lot Size Acres: 2.29
  • Lot Size Area: 2.29
  • Lot Size Units: Acres
  • Building Area Total: .00
  • General Property Description : Acres: 2.29
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Multi Family
  • Year Built: 1996
  • Property Sub Type: Quadruplex
  • Property Type Label: Multi Family
  • New Construction: No
  • Existing Finance : Conventional: Yes
Utilities
  • Utilities: Electricity Connected, Water Connected, Cable Connected
  • Sewer: Septic Tank
  • Water Source: Public
  • Electric: True
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Carpet
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
  • Stories: 2
  • General Property Description : Stories: 2
  • Appliances: Dishwasher, Electric Range, Refrigerator
Exterior Features
  • Construction Materials: Vinyl Siding
  • Parking Features: Driveway, Asphalt
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Window Features: Insulated Windows
  • Heating : Heat Pump: Electric, Heat Pump
  • Senior Community: No
  • Walls : Drywall: Yes
  • Roof : Shingle: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : # of Units: 4.00
  • General Property Description : Total Units: 4.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 46500
  • Operating Expense Includes: Water/Sewer
Unit 1
  • Unit 1 : # Units: 4
  • Unit 1 : # Bathrooms: 4.0
  • Unit 1 : # Bedrooms: 8
  • Unit 1 : Monthly Rent: 3875
Unit 2
  • Unit 2 : # Units: 0
Unit 3
  • Unit 3 : # Units: 0
Unit 4
  • Unit 4 : # Units: 0

Property History for 16033 Steinman Road

DateEvent & SourcePriceAppreciation
Apr 15, 2025

Sold

Tennessee Virginia Regional MLS #9976658

$385,000
Apr 14, 2025

Sold (Public Record)

Public Record #1557695125

$385,000

+9.3% / yr

Mar 1, 2025

Pending

Tennessee Virginia Regional MLS #9976658

DateEvent & SourcePrice
04/15/2025

Sold

Tennessee Virginia Regional MLS #9976658

$385,000
04/14/2025

Sold (Public Record)

Public Record #1557695125

$385,000

+9.3% / yr

03/01/2025

Pending

Tennessee Virginia Regional MLS #9976658

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16033 Steinman Road

Taxable ValueLand$57,700Additions$262,900Total$320,600
Tax Record2026$1,379 ($115 / month)
Home Facts
Baths4Total Finished SqFt3,760 SqFtAbove Grade Finished SqFt3,760 SqFtStories2Lot Size99,752 SqFtStyleMiscellaneous CommercialYear Built1996Year Renovated1996ZoningR2 RESIDENCountyWASHINGTONAPN104 6 3

Schools near 16033 Steinman Road

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Abingdon Elementary School
PublicPK to 5

E.B. Stanley Middle School
Public6 to 8

Abingdon High School
Public9 to 12

Washington County Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16033 Steinman Road, Abingdon, VA 24210
$385,000
8
99,752
$174,000
8
99,316
$245,000
4
2,633
102,801
3
3
2,587
87,120
$399,000
3
3,001
341,510
$192,000
3
2.5
1,768
99,665

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Homes & Properties, Carla Dunn

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.