716 1st St S Charlottesville, VA 22902
Ridge Street NeighborhoodEstimated payment $4,053/month
Total Views
9,630
4
Beds
2.5
Baths
1,848
Sq Ft
$377
Price per Sq Ft
Highlights
- Second Kitchen
- Front Porch
- Heat Pump System
- Charlottesville High School Rated A-
- Stacked Washer and Dryer
- 3-minute walk to IX Art Park
About This Home
Don’t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.
Listing Agent
ASSIST2SELL - FIRST RATE REALTY, INC. License #0225037848 Listed on: 07/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,031
Year Built
- Built in 1925 | Remodeled
Lot Details
- 7,841 Sq Ft Lot
- Zoning described as Node Mixed Use 8
Home Design
- Block Foundation
- Stick Built Home
- Stucco
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
- Stacked Washer and Dryer
Kitchen
- Second Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Schools
- Trailblazer Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Additional Features
- Front Porch
- Heat Pump System
Community Details
Listing and Financial Details
- Assessor Parcel Number 270004000
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
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 | $3,031 | $303,400 | $140,900 | $162,500 |
| 2024 | $3,031 | $280,800 | $120,400 | $160,400 |
| 2023 | $2,502 | $254,600 | $115,300 | $139,300 |
| 2022 | $1,824 | $184,000 | $87,100 | $96,900 |
| 2021 | $1,806 | $184,000 | $87,100 | $96,900 |
| 2020 | $1,799 | $183,300 | $87,100 | $96,200 |
| 2019 | $1,799 | $183,300 | $87,100 | $96,200 |
| 2018 | $899 | $183,300 | $87,100 | $96,200 |
| 2017 | $1,733 | $176,400 | $44,100 | $132,300 |
| 2016 | $1,659 | $168,600 | $40,100 | $128,500 |
| 2015 | $1,602 | $168,600 | $40,100 | $128,500 |
| 2014 | $1,602 | $168,600 | $40,100 | $128,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $697,500 | -3.8% | $377 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $725,000 | 0.0% | $392 / Sq Ft |
| 07/07/2025 07/07/25 | Off Market | $725,000 | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $725,000 | -- | $392 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Similar Homes in Charlottesville, VA
Source: Charlottesville area Association of Realtors®
MLS Number: 666419
APN: 270-004-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 716 S 1st St
- 500 Ridge St
- 200 Garrett St Unit 609
- 501 Ridge St
- 701 Bolling Ave
- 218 W Water St Unit 705
- 218 W Water St Unit 600
- 218 W Water St Unit 801
- 501 Stonehenge Ave
- 112 5th St SE Unit 3D
- 112 5th St SE Unit 5A
- 803 Monticello Ave
- 510 Stonehenge Ave
- 316 6 1 2 St SW
- 219 Hartmans Mill Rd
- 310 7th St SW
- 103 Linden St
- 508 Ridge St Unit A
- 460 Garrett St
- 704 Blenheim Ave
- 704 Blenheim Ave
- 712 Monticello Ave Unit C
- 300 4th St SE
- 700 Hinton Ave Unit B
- 112 5th St SE Unit 3E
- 112 5th St SE Unit 3D RENTAL
- 800 Blenheim Ave Unit B
- 719 Altavista Ave
- 236 Hartmans Mill Rd
- 301 7th St SW
- 301 7th St SW
- 136 Goodman St Unit B
- 912 Bolling Ave
- 910 Blenheim Ave Unit 910-B Blenheim Ave.
- 409 Park St
- 411 Altamont St Unit 1
- 710 Palatine Ave Unit Main