1229 Stack St Staunton, VA 24401
Estimated payment $2,348/month
About This Home
Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,612
Year Built
- Built in 1914
Home Design
- 2,214 Sq Ft Home
- Quadruplex
- Block Foundation
- Slab Foundation
Schools
- Bessie Weller Elementary School
- Shelburne Middle School
- Staunton High School
Additional Features
- 1,307 Sq Ft Lot
- Baseboard Heating
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for sewer, taxes, water
- Assessor Parcel Number 1244
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,671 | $293,530 | $55,330 | $238,200 |
| 2024 | $2,263 | $254,260 | $48,560 | $205,700 |
| 2023 | $2,263 | $254,260 | $48,560 | $205,700 |
| 2022 | $1,800 | $195,680 | $35,580 | $160,100 |
| 2021 | $1,800 | $195,680 | $35,580 | $160,100 |
| 2020 | $1,611 | $169,600 | $35,580 | $134,020 |
| 2019 | $1,611 | $169,600 | $35,580 | $134,020 |
| 2018 | $1,474 | $152,000 | $35,580 | $116,420 |
| 2017 | $1,474 | $152,000 | $35,580 | $116,420 |
| 2016 | $1,348 | $141,900 | $35,580 | $106,320 |
| 2015 | $1,348 | $141,900 | $35,580 | $106,320 |
| 2014 | $1,348 | $141,900 | $35,580 | $106,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $399,000 | -- | $180 / Sq Ft |
Source: Charlottesville Area Association of REALTORS®
MLS Number: 676816
APN: 1244
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