$539,000
$10K PRICE DROP

45 Morris Mill Rd Staunton, VA 24401

Staunton Area

Estimated payment $3,292/month

Total Views 1,167
-- Bed
-- Bath
3,144 Sq Ft
$171 Price per Sq Ft

About This Home

Investors! Don't miss this excellent opportunity to purchase a 5-unit multifamily investment property featuring a spacious garage and a storage shed. Two units offer 2 bedrooms and 1 bathroom, while the remaining three units feature 1 bedroom and 1 bathroom. A couple of the units also include additional non-conforming bedrooms, providing additional space. Units 1A and 1B are both vacant and have been freshly painted with brand-new carpeting, creating an excellent opportunity for an owner-occupant or investor looking to manage the property while living on-site. Spacious front porch and rear deck. The owner currently pays for water and sewer. Units 2, 3, and 4 have separate electric meters. The property also features blown-in attic insulation and R-13 wall insulation. Conveniently located just a couple of minutes' walk from Ware and Shelburne schools, this property offers a desirable location with strong investment potential.

Listing Agent

Jared Sheets

RE/MAX Performance Realty License #0225232737 Listed on: 07/13/2026

RE/MAX Performance Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,879

Year Built

  • Built in 1940

Lot Details

  • 24,829 Sq Ft Lot

Home Design

  • 3,144 Sq Ft Home
  • Block Foundation

Schools

  • Arthur R. Ware Elementary School
  • Shelburne Middle School
  • Staunton High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 5 Units
  • High-Rise Community
  • Overbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,879

Year Built

Built in 1940

Lot Details

0.57 Acres

Listing Details

  • Property Type: Residential
  • Parcel Number: 307
  • Property Sub Type: Apartment
  • LotSizeAcres: 0.57
  • Road Frontage Type: Public Road
  • Subdivision Name: OVERBROOK
  • Structure Type: High Rise
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Living Area: 3144.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Foundation Details: Block

Utilities

  • Heating: Baseboard
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Arthur R. Ware
  • Middle Or Junior School: Shelburne

Lot Info

  • Zoning Description: R-3 Medium Density Residential

Rental Info

  • Owner Pays: Sewer, Water
  • LeaseAmount: 3000.0

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3879.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • HighSchool: Staunton

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,980 $437,340 $69,240 $368,100
2024 $3,526 $396,220 $60,320 $335,900
2023 $3,526 $396,220 $60,320 $335,900
2022 $2,631 $286,010 $44,510 $241,500
2021 $2,631 $286,010 $44,510 $241,500
2020 $2,287 $240,710 $44,510 $196,200
2019 $2,287 $240,710 $44,510 $196,200
2018 $2,172 $223,910 $44,510 $179,400
2017 $2,172 $223,910 $44,510 $179,400
2016 $2,127 $223,910 $44,510 $179,400
2015 $2,127 $223,910 $44,510 $179,400
2014 $2,127 $223,910 $44,510 $179,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/10/2026 08/10/26 Price Changed $539,000 -1.8% $171 / Sq Ft
07/13/2026 07/13/26 For Sale $549,000 -- $175 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Deed $400,000 Stewart Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $48,300 Commercial
Previous Owner $65,000 New Conventional
Previous Owner $23,000 Credit Line Revolving
Source: Public Records

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 679452

Harrisonburg-Rockingham Association of REALTORS®

APN: 236

Your Personal Tour Guide

Ask me questions while you tour the home.