$499,000

Estimated payment $2,942/month

-- Bed
-- Bath
1,440 Sq Ft
$347 Price per Sq Ft

Highlights

  • ENERGY STAR Qualified Equipment
  • Charlottesville High School Rated A-
  • Heating Available

About This Home

CALLING BUILDERS & INVESTORS — a rare 0.22-acre R-B redevelopment site in the heart of the Cherry Avenue corridor, a short walk to UVA Medical Center and downtown Charlottesville. Zoned Residential-B under the 2024 Development Code: up to 6 dwelling units by-right, up to 12 with the affordability bonus, and no off-street parking required. The 0.22-acre footprint — roughly triple the typical corridor lot — gives you real room to design. An existing duplex (two 2BR/1BA units) generates income to carry the site while you permit and plan, with one unit delivered vacant at closing. The value here is the land and the entitlements: bring your plans and build by-right while the code is generous. Buyer to verify zoning, buildable unit count, and all development potential with the City. Steps to Tonsler Park, West Main, IX Park, and 5th Street Station; minutes to I-64 and Amtrak. Sold as-is. Renovated in 2023. Do not disturb occupants; drive-by welcome, interior by appointment.

Listing Agent

VALORIE YOUNG

EXP REALTY LLC - STAFFORD License #0225179163 Listed on: 06/05/2026

EXP REALTY LLC - STAFFORD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1952

Home Design

  • 1,440 Sq Ft Home
  • Duplex
  • Block Foundation

Schools

  • Tall Oaks Elementary School
  • Charlottesville Middle School
  • Charlottesville High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 230175000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,515

Year Built

Built in 1952

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Parcel Number: 230175000
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.22
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Living Area: 1440.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Foundation Details: Block

Utilities

  • Heating: Electric
  • Utilities: Cable Available, Fiber Optic Available
  • Sewer: Public Sewer
  • Cooling: Ductless, ENERGY STAR Qualified Equipment
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Tall Oaks
  • Middle Or Junior School: Charlottesville Middle

Lot Info

  • Zoning Description: Medium Density Residentail District

Rental Info

  • Owner Pays: Common Area Maintenance
  • LeaseAmount: 2700.0

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2026
  • Tax Annual Amount: 3514.68

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2026 06/05/26 For Sale $499,000 -- $347 / Sq Ft
Source: Charlottesville area Association of Realtors®

Source: Charlottesville area Association of Realtors®

MLS Number: 678063

Charlottesville area Association of Realtors®
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