Property Back to Results Property

316 N High St, Harrisonburg, VA 22802

$500,000
: 6
BD
: 3
BA
: 2,384
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

Sold Price: $500,000
List Price: $498,900
Status: CLOSED
Days on Market: 177
Closing Date: Oct 23, 2026
MLS#: 676528
Subtype: Residential
Year Built: 1920
Bedrooms: 6
Bathrooms: 3
Full Baths: 2
Half Baths: 1
Living Area: 2,384
Lot Size: 7,405
Acres: 0.17
MLS Area Major: Harrisonburg

Refine Search

Property Description

Located less than one mile from James Madison University in downtown Harrisonburg, this investment property features six bedrooms and two and a half bathrooms and is fully leased through June 2027, offering immediate, stable cash flow. Gross monthly income is $4,770 for the upcoming lease term. Rear alley access provides convenient off-street parking, a valuable amenity in this location. The property has seen numerous capital improvements, including a new boiler, replacement of all visible knob-and-tube wiring. Additional updates include new kitchen and laundry flooring, thermostat replacement, and a new washer (March 2024). With strong income, key system upgrades, and a prime location, this is a good investment opportunity. A zoning verification letter is available upon request.

540.820.5183

Search All Properties

Additional Information

Taxes: $3,857
Heating: Forced Air, Natural Gas
Air Conditioning: None
Stories: 2
Levels: Two
Foundation: Stone
Elementary School: Waterman
Middle School: Thomas Harrison
High School: Harrisonburg