NOT LISTED FOR SALE
Studio
1 Bath
1,228 Sq Ft
9,148 Sq Ft Lot

Last Sold March 31, 2025

Last sale price $655,000 $533 Per Sq Ft

140 Days on Market

Highlights

  • No HOA
  • Carpet
  • Heat Pump System
  • Charlottesville High School Rated A-
  • Stacked Washer and Dryer

About This Home

As of March 2025

This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!

Last Agent to Sell the Property

Inessa Telefus

(434) 566-0121 keith@nestrealty.com NEST REALTY GROUP License #0225051163[1819] Listed on: 10/11/2024

Last Buyer's Agent

Jane Hammel

(434) 296-0134 admin@frankhardy.com FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225254903[104191]

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 2012

Lot Details

  • 9,148

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Schools

  • Johnson Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • No Cooling
  • Heat Pump System

Additional Features

  • Stacked Washer and Dryer
  • Exterior Basement Entry
  • 9,148 Sq Ft Lot

Listing and Financial Details

  • The owner pays for real estate taxes

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,620

Year Built

Built in 2012

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Inclusions: dishwasher, el. range, microwave, refrigerator.
  • New Construction: No
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Price Per Sq Ft: 314.90

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Cooling: No
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JOHNSON
  • High School: CHARLOTTESVILLE
  • Middle Or Junior School: WALKER & BUFORD

Lot Info

  • Lot Size Acres: 0.21
  • Zoning: R-2
  • Zoning Description: Two Family Residential

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Vacation Rental: No

Multi Family

  • Gross Income: 3725.00
  • Operating Expense: 768.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4620.00
  • Tax Year: 2024

MLS Schools

  • School District Name: CHARLOTTESVILLE CITY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $655,000 0.0% $533 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
12/01/2024 12/01/24 Price Changed $655,000 -1.5% $533 / Sq Ft
11/24/2024 11/24/24 Price Changed $665,000 -0.7% $542 / Sq Ft
11/08/2024 11/08/24 Price Changed $670,000 -0.7% $546 / Sq Ft
10/11/2024 10/11/24 For Sale $675,000 -- $550 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 657800

Bright MLS

APN: 220023000

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