$239,000
- Studio
- 2,020 Sq Ft
427 Fourth St, Shenandoah, VA 22849
Kelly Breeden Nest Realty Harrisonburg
$239,000
427 Fourth St, Shenandoah, VA 22849
Kelly Breeden Nest Realty Harrisonburg
$239,000
427 Fourth St, Shenandoah, VA 22849
Kelly Breeden Nest Realty Harrisonburg
Shenandoah, VA, is a tranquil mountain town situated along the South Fork of the Shenandoah River, 21 miles northeast of Harrisonburg. Known for its scenic views and close-knit community, Shenandoah offers a peaceful lifestyle away from the hustle and bustle of city traffic. The town's economy benefits modestly from tourism due to its proximity to Shenandoah National Park and the Blue Ridge Mountains, though many residents work in small businesses or commute to nearby towns. Housing options include charming ranch, cottage, and farmhouse styles from the early 20th century, with newer, more spacious homes on the outskirts. Local attractions include the 68-acre Big Gem Park, Shenandoah Landing & River Park, and Shenandoah National Park, which is about 30 miles away and features 500 miles of trails. Dining options range from Rudy's Diner to Mamma Mia's Italian restaurant, with seasonal events like the Shenandoah Memorial Festival and Music in the Park concert series adding to the town's charm. While residents are car-dependent, U.S. Route 340 provides easy access to Elkton and Harrisonburg. However, areas near the river have a 1% annual flood risk.
On average, homes in Shenandoah, VA sell after 47 days on the market compared to the national average of 53 days. The median sale price for homes in Shenandoah, VA over the last 12 months is $280,000, up 2% from the median home sale price over the previous 12 months.
In Shenandoah, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $239,000 to $239,000, there's a range to accomodate every budget. As of December, 2025 the median home price in Shenandoah is $291,950, while the average sale price is $326,228, offering insights into the local housing market. On average, multi-family homes spend 47 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Shenandoah, VA.