427 Fourth St Shenandoah, VA 22849
Estimated payment $1,297/month
Total Views
2,693
--
Bed
--
Bath
2,020
Sq Ft
$118
Price per Sq Ft
About This Home
Prime investment opportunity in the heart of Shenandoah! This well-located duplex offers immediate income potential with access to one of the Shenandoah Valleys most steadily growing rental markets. Two separate rental units perfect for live-in, rent out, short term rentals or fully leased long term tenants. Both units offer separate entrances, private living spaces and flexible layouts that appeal to tenants. Low property taxes & affordable utilities make an efficient high yield property. Multifamily properties are rare at this price!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $518
Year Built
- Built in 1937
Lot Details
- 4,792 Sq Ft Lot
Home Design
- 2,020 Sq Ft Home
- Duplex
- Block Foundation
Schools
- Shenandoah Elementary School
- Page Middle School
- Page High School
Utilities
- Window Unit Cooling System
- Heat Pump System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 102A3 1 I 17A
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Price Changed | $239,000 | 0.0% | $118 / Sq Ft | |
| 12/01/2025 12/01/25 | For Sale | $239,000 | -7.7% | $118 / Sq Ft | |
| 11/20/2025 11/20/25 | For Sale | $259,000 | +91.9% | $128 / Sq Ft | |
| 08/16/2024 08/16/24 | Sold | $135,000 | -9.9% | $67 / Sq Ft | View Prior Sale |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- | |
| 06/12/2024 06/12/24 | For Sale | $149,900 | -- | $74 / Sq Ft |
Source: Harrisonburg-Rockingham Association of REALTORS®
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 671286
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