442 First St Shenandoah, VA 22849
Estimated payment $3,451/month
About This Home
Welcome to the Depot at Shenandoah! A strong investment opportunity in the heart of Shenandoah. This multi-use building has been fully renovated and is currently operating as 3 separate short term rentals. The property generated over $60k in gross income in 2024 and over $65k in 2025. Mixed use zoning allows for residential and commercial use. Property is being sold FULLY FURNISHED (with the exception of a few personal items). Superhost status with 4.98 stars and over 150 reviews on Airbnb & VRBO. Primed for Shenandoah National Park enthusiast, the property is centered directly between the Swift Run Gap and Thornton Gap Park entrances. Located across from a historic railyard and the Shenandoah Museum and Welcome Center. Less than 1 mile from public access to the Shenandoah River. Many other attractions nearby: Massanutten Four Seasons Resort, Luray Caverns, George Washington National Forest, Lake Arrowhead and more! Enjoy tubing, canoeing, kayaking or fishing by visiting Shenandoah River Adventures (less than 1 mile away).
Listing Agent
Melinda Beam Shenandoah Valley Real Estate License #0225230205 Listed on: 03/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $772
Year Built
- Built in 1933
Lot Details
- 3,920 Sq Ft Lot
Home Design
- 3,100 Sq Ft Home
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Stucco
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Schools
- Shenandoah Elementary School
- Page Middle School
- Page High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 102A3-1-B-2A
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 | $772 | $105,800 | $20,000 | $85,800 |
| 2024 | $772 | $105,800 | $20,000 | $85,800 |
| 2023 | $772 | $105,800 | $20,000 | $85,800 |
| 2022 | $772 | $105,800 | $20,000 | $85,800 |
| 2021 | $772 | $105,800 | $20,000 | $85,800 |
| 2020 | $501 | $68,600 | $17,400 | $51,200 |
| 2019 | $501 | $68,600 | $17,400 | $51,200 |
| 2018 | $480 | $68,600 | $17,400 | $51,200 |
| 2017 | $383 | $68,600 | $17,400 | $51,200 |
| 2016 | $383 | $58,000 | $17,400 | $40,600 |
| 2015 | $371 | $58,000 | $17,400 | $40,600 |
| 2014 | $347 | $58,000 | $17,400 | $40,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $629,000 | -- | $203 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $427,000 | -- | |
| Deed | $10,000 | -- | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $362,950 | Construction |
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 674462
APN: 102A3-1-B-2A
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Ask me questions while you tour the home.