728 Foley Rd Harrisonburg, VA 22801
Estimated payment $3,308/month
Total Views
23,738
--
Bed
--
Bath
2,484
Sq Ft
$217
Price per Sq Ft
Highlights
- Wood Flooring
- 1 Fireplace
- Central Air
- Space For Rooms
- 1 Car Attached Garage
- Heat Pump System
About This Home
Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,843
Year Built
- Built in 1970
Lot Details
- 0.53 Acre Lot
- Property is in good condition
Parking
- 1 Car Attached Garage
- Front Facing Garage
Home Design
- Split Level Home
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Front Basement Entry
- Space For Rooms
- Basement Windows
Schools
- Stone Spring Elementary School
- Skyline Middle School
- Harrisonburg High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- 2-Story Building
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 84-B-17
Map
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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 |
|---|---|---|---|---|
| 2024 | $3,843 | $380,500 | $139,000 | $241,500 |
| 2023 | $3,564 | $371,200 | $139,000 | $232,200 |
| 2022 | $3,084 | $331,600 | $126,400 | $205,200 |
| 2021 | $2,646 | $294,000 | $126,400 | $167,600 |
| 2020 | $2,501 | $285,200 | $126,400 | $158,800 |
| 2019 | $2,496 | $284,700 | $126,400 | $158,300 |
| 2018 | $1,876 | $277,800 | $126,400 | $151,400 |
| 2017 | $1,876 | $270,100 | $126,400 | $143,700 |
| 2016 | $1,876 | $260,500 | $126,400 | $134,100 |
| 2015 | $1,876 | $260,500 | $126,400 | $134,100 |
| 2014 | -- | $260,500 | $126,400 | $134,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Price Changed | $540,000 | -2.7% | $217 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $555,000 | -- | $223 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Available | |
| Deed | $280,000 | Chicago Title Insurance | |
| Deed | $21,200 | Stewart Title Guaranty Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $64,401 | New Conventional |
Source: Public Records
Similar Home in Harrisonburg, VA
Source: Bright MLS
MLS Number: VAHC2000384
APN: 084 B 17
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