11531 Cedar Ln
Ashland, VA 23005
- Studio
- 1,960 sqft
Studio
1,960 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1975
Living Area
1,960 sqft
Price/Sqft
$242
About this House
Incredible opportunity to own two Prime rental homes on one lot Located in Hanover County close in! The property has two homes in a great rental area. These homes are great rentals or live in one and rent the other one. Both homes have been upgraded with HVAC, plumbing, and electrical. Great area with large lot. Great schools and close to Virginia center commons. Both homes are grandfathered in on a single deep well and septic. Assessed at lower value due to single well. These homes are great long term rentals in a hot area. inspection for informational purposes only
11531 Cedar Ln, Ashland, VA 23005 is a studio, 1,960 sqft multi-family built in 1975. It last sold for $475,000 on Jan 10, 2025 (10% below the $529,950 asking price). It is currently off market. The Trulia Estimate is $474,200, with a rent estimate of $1,504/month.
Home Details for 11531 Cedar Ln
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Dimensions and Layout Living Area: 1960 Square Feet |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: One |
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Exterior Home Features Roof: Composition |
Parking & Garage No GarageNo Attached GarageParking: Oversized |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family, Multi FamilyArchitecture: Ranch |
Building Construction Materials: Brick, Block |
Property Information Parcel Number: 7778133427 |
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Price List Price: $529,950 |
Status Change & Dates Off Market Date: Fri Nov 08 2024 |
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MLS Status: Closed |
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Direction & Address City: AshlandCommunity: Cedar Ridge Estates |
School Information Elementary School: ElmontJr High / Middle School: LibertyHigh School: Patrick Henry |
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Association for this Listing: Central Virginia Regional MLS |
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Special Conditions: Corporate Listing |
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Business Information Ownership: Corporate |
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Mls Number: 2425310Living Area Range Units: Square FeetAttic: Pull Down StairsAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-51085-N-7778133427-R-N |
Last check for updates: about 2 hours ago
Listed by Stuart Haynes, (804) 901-0808
ERA Woody Hogg & Assoc
Bought with: Sharon Coleman, (804) 347-8193, Long & Foster REALTORS
Originating MLS: Central Virginia Regional MLS
Source: CVRMLS, MLS#2425310

Price History for 11531 Cedar Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 01/10/2025 | $475,000 | Sold | CVRMLS #2425310 |
| 11/08/2024 | $529,950 | Pending | CVRMLS #2425310 |
| 10/01/2024 | $529,950 | PriceChange | CVRMLS #2425310 |
| 09/25/2024 | $549,950 | Listed For Sale | CVRMLS #2425310 |
| 09/21/2024 | $549,950 | ListingRemoved | CVRMLS #2421526 |
| 08/16/2024 | $549,950 | Listed For Sale | CVRMLS #2421526 |
| 08/11/2024 | ListingRemoved | N/A | |
| 06/24/2024 | $549,000 | Listed For Sale | N/A |
| 11/17/2004 | $194,400 | Sold | N/A |
| 03/03/2004 | $175,000 | Sold | N/A |
Market trends in Glen Allen
Last updated June 2026
Avg. sale price
$526K
$19.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$237
$4MoM
Available listings
183
15MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,855 |
| Assessment | $352,500 |
Home facts updated by county records
Comparable Sales for 11531 Cedar Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.73 | Multi-Family Home | $1,015,000 | 02/26/26 | 5 | 5 | 4,261 | |
3.01 | Multi-Family Home | $687,408 | 08/11/25 | 4 | 2.5 | 2,449 | |
3.35 | Multi-Family Home | $845,000 | 12/03/25 | 4 | 4 | 3,252 | |
3.50 | Multi-Family Home | $632,300 | 03/04/26 | - | 2,700 | ||
6.17 | Multi-Family Home | $457,000 | 12/22/25 | 4 | 2.5 | 2,052 | |
6.56 | Multi-Family Home | $340,000 | 03/23/26 | 4 | 2 | 1,352 | |
7.02 | Multi-Family Home | $335,000 | 09/22/25 | 3 | 2 | 1,646 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 11531 Cedar Ln.
What Locals Say about Glen Allen
At least 397 Trulia users voted on each feature.
92 % Say it's dog friendly
91 % Say car is needed
85 % Say parking is easy
76 % Say there's holiday spirit
74 % Say kids play outside
72 % Say it's quiet
71 % Say yards are well-kept
71 % Say people would walk alone at night
54 % Say neighbors are friendly
54 % Say there are sidewalks
49 % Say they plan to stay for at least 5 years
44 % Say there's wildlife
38 % Say there are community events
37 % Say it's walkable to grocery stores
37 % Say streets are well-lit
36 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
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Off Market Homes Near 11531 Cedar Ln

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

