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Ridge Street Multifamily Homes & Duplexes for Sale

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  • /33

    $725,000

    • 1,848 Sq Ft

    716 1st St S, Charlottesville, VA 22902

    Don’t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex

    Audrey Badgett ASSIST2SELL - FIRST RATE REALTY, INC.

    716 1st St S, Charlottesville, VA 22902
  • /33

    $725,000

    • Studio

    716 S 1st St, Charlottesville, VA 22902

    Don?t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex

    Audrey Badgett ASSIST2SELL - FIRST RATE REALTY, INC.

    716 S 1st St, Charlottesville, VA 22902

Why Live in Ridge Street

Ridge Street in Charlottesville, VA, is a neighborhood rich in history and evolving charm. Known for its historic architecture, the area features homes dating from the 1920s to the 2020s, including three-bedroom bungalows with wide front porches, townhouses, and homes with ranch or Craftsman designs. The neighborhood is centrally located, less than a mile from downtown Charlottesville, making it convenient for shopping, dining, and entertainment. Residents can walk or bike to the Downtown Mall, Main Street, and the University of Virginia, which is just a mile away. Public transit is also accessible with CAT bus stops along Ridge Street. The neighborhood is safer than the national average, adding to its appeal for families and investors alike. Ridge Street offers a variety of things to do, from visiting the Ix Art Park for art installations and farmers markets to enjoying a meal at the North American Sake Brewery & Restaurant. The nearby 5th Street Station shopping center includes a Wegmans grocery store, Chimm Thai restaurant, and Alamo Drafthouse Cinema, while Willoughby Square Shopping Center features a Food Lion and Family Dollar. Annual events like the Soul of C’ville Festival and the Virginia Film Festival draw both locals and visitors. For outdoor activities, residents frequent Azalea Park, which has a dog park, playground, and community garden, and Forest Hills Park, known for its outdoor pool, splash pads, and basketball courts. Educational options in Ridge Street are strong, with highly rated schools such as Charlottesville High School, Renaissance School, and Charlottesville Catholic School serving the area. The neighborhood's historic charm, modern amenities, and proximity to downtown make it a desirable place to live.

Home Trends in Ridge Street, VA

Housing Trends

Median Sale Price
$458,000
Median Single Family Sale Price
$466,500
Median Townhouse Sale Price
$671,500
Median 2 Bedroom Sale Price
$1,700,000
Median 1 Bedroom Sale Price
$389,525
Average Price Per Sq Ft
$297
Number of Homes for Sale
5
Last 12 months Home Sales
45
Months of Supply
1.30
Median List Price
$530,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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