23 E Beverley St Staunton, VA 24401
Estimated payment $8,200/month
Highlights
- Midcentury Modern Architecture
- Wood Flooring
- Central Air
- Thomas C. McSwain Elementary School Rated 9+
- Level Entry For Accessibility
- 1 Car Garage
About This Home
Price Drop on a Rare Downtown Gem! Opportunities like this don’t come around often — especially on Beverley Street in the heart of Downtown Staunton. This is your chance to own a truly unique property in one of the city's most coveted locations. Featuring 4 spacious apartments — two with private balconies, two with private decks — a rarity in downtown Staunton. Live in one and rent out the rest, or turn the entire property into a charming Bed & Breakfast or Airbnb retreat. Downstairs? There’s already an established restaurant tenant — meaning you can literally roll out of bed and into a delicious meal or evening drink. Imagine entertaining friends without ever needing to cook — just head downstairs and enjoy. Whether you're an investor, entrepreneur, or someone dreaming of a vibrant downtown lifestyle, this is your moment. Don't let it slip away — properties like this almost never hit the market. Previous Remarks:
Own the Building That Anchors the Block. Profit From the Heartbeat of a City with National Attention.
In the story of every great town, there's a landmark that signals what's possible — a building that doesn’t just stand tall but stands for something. Welcome to 23 E Beverley Street, where historic charm meets modern luxury and long-term stability. Located in the thriving core of Staunton, Virginia, this fully revitalized four-story building offers an immediate opportunity for multi-stream income and generational value. THE OFFERING
4 turnkey luxury apartments on upper floors – fully leased, meticulously renovated, with upscale finishes and downtown views - 2 with private balcony. 2 restaurant floors, currently home to the acclaimed Queen City Bistro – a rising star in Staunton’s growing culinary scene
Totaling 12,800+ SF, with flexible zoning, updated systems, and no deferred maintenance
A rare chance to own an appreciating asset in one of Virginia’s most talked-about small cities.
A Building That Pays Own the Building That Anchors the Block. Profit From the Heartbeat of a City with National Attention.
In the story of every great town, there's a landmark that signals what's possible — a building that doesn’t just stand tall but stands for something. Welcome to 23 E Beverley Street, where historic charm meets modern luxury and long-term stability. Located in the thriving core of Staunton, Virginia, this fully revitalized four-story building offers an immediate opportunity for multi-stream income and generational value. THE OFFERING
4 turnkey luxury apartments on upper floors – fully leased, meticulously renovated, with upscale finishes and downtown views - 2 with private balcony. 2 restaurant floors, currently home to the acclaimed Queen City Bistro – a rising star in Staunton’s growing culinary scene
Totaling 12,800+ SF, with flexible zoning, updated systems, and no deferred maintenance
A rare chance to own an appreciating asset in one of Virginia’s most talked-about small cities.
A Building That Pays You Back – From Day One
This isn’t just a property — it’s a profit-generating ecosystem. You’re not choosing between residential or commercial. You’re securing both:
Consistent rental income from the luxury apartments
Commercial lease revenue from a thriving restaurant tenant
Downtown location with foot traffic, events, and tourism built in.
Staunton has emerged as one of America’s best small towns — not by accident, but by design.
Named one of the "Best Small Towns in the South" by Southern Living
Featured in Travel + Leisure, Garden & Gun, and The New York Times for its thriving arts scene, architecture, and food culture
Home to the American Shakespeare Center, award-winning restaurants, boutique hotels, and year-round festivals
A magnet for remote workers, creative professionals, and savvy investors fleeing the sprawl for walkability, beauty, and soul.
Buildings like this rarely come up — and when they do, they don’t last long.
Listing Agent
(202) 360-7655 mikeg@jacobsandco.com LPT Realty, LLC License #0225229026 Listed on: 06/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,125
Year Built
- Built in 1870
Lot Details
- 2,800 Sq Ft Lot
- Ground Rent expires in 4 years
- Property is in excellent condition
Parking
- 1 Car Garage
- Assigned Parking Garage Space
- On-Street Parking
- Parking Lot
Home Design
- Midcentury Modern Architecture
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- Wood Flooring
- Partially Finished Basement
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Central Air
- Wall Furnace
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 8206
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,434 | $926,800 | $16,800 | $910,000 |
| 2024 | $8,789 | $845,100 | $16,800 | $828,300 |
| 2023 | $8,789 | $845,100 | $16,800 | $828,300 |
| 2022 | $4,798 | $448,400 | $16,800 | $431,600 |
| 2021 | $4,125 | $448,400 | $16,800 | $431,600 |
| 2020 | $4,809 | $437,200 | $16,800 | $420,400 |
| 2019 | $4,809 | $437,200 | $16,800 | $420,400 |
| 2018 | $4,635 | $413,800 | $16,800 | $397,000 |
| 2017 | $4,014 | $413,800 | $16,800 | $397,000 |
| 2016 | $3,931 | $413,800 | $16,800 | $397,000 |
| 2015 | $4,552 | $413,800 | $16,800 | $397,000 |
| 2014 | $3,931 | $413,800 | $16,800 | $397,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Price Changed | $1,495,000 | -1.1% | $147 / Sq Ft |
| 09/12/2025 09/12/25 | Price Changed | $1,511,000 | -0.5% | $149 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $1,519,000 | -4.8% | $150 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $1,595,000 | -5.0% | $157 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $1,678,500 | -- | $165 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $824,743 | Christopher A Jones Pllc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $825,219 | New Conventional |
Source: Bright MLS
MLS Number: VASC2000680
APN: 8206
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