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Cape Cod Duplex Income Property
For Sale
$575,000

1400 VALLEY Avenue, Winchester, VA 22601

MULTI_FAMILY - Cape Cod - WINCHESTER, VA

Property Size3,511 SF
Lot Size0.22 Acres
Price / SF$163.77
Days on Market115

Property Features for 1400 VALLEY Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Dining Room, Basement
Parking 2
Parking features Garage - Attached, On Street, Driveway, Garage - Detached
Interior features Additional Stairway, Attic, Bathroom - Walk-In Shower, Built-Ins, Cedar Closet(s), Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Formal/Separate Dining Room, Kitchen - Eat-In, Wood Floors
Fireplace 1
Appliances Dryer - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked, WaterHeater
Middle school DANIEL MORGAN
High school JOHN HANDLEY
Elementary school district WINCHESTER CITY PUBLIC SCHOOLS
Middle school district WINCHESTER CITY PUBLIC SCHOOLS
High school district WINCHESTER CITY PUBLIC SCHOOLS
Standard status Active
Size 3,511 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 3090

Utilities

Heating system Other (Heating), Hot Water(Heating)
Cooling system Ceiling Fan(s), Window Unit(s)

Building Details

Year built 1936
Number of units 2
Building materials Concrete, Vinyl Siding
Architectural style Cape Cod
Listing Agency: Samson Properties
Listed By: Danielle LeAnn Spriggs · License #0225268545
Added: Apr 13 Changed: Jul 13 Last Checked: Aug 5 at 7:06PM
MLS# VAWI2010410

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Cape Cod duplex includes a 1936 main home with original character features such as beautiful wood floors, tall ceilings, a fireplace, a sunroom, and a staircase. Both units offer 3 bedrooms and 1.5 baths. The rear unit is currently leased. Recent improvements include a new roof and gutters installed last year, and updates to both full bathrooms with walk-in tiled showers. The property’s heating fuel was converted to natural gas, and new boilers were installed in 2011.

The two units have separate utilities except for water and sewer. The property is located on Valley Avenue in Winchester, Virginia, in Winchester City County.

With a flexible two-unit layout and a mix of original details and upgrades, the duplex is positioned for either owner-occupancy with rental income or renting both units, depending on the buyer’s preference.

Key Highlights

  • 1936 Cape Cod duplex with original features including wood floors, tall ceilings, fireplace, and a sunroom
  • Each unit offers 3 bedrooms and 1.5 baths for flexible living or rental use
  • Rear unit is already leased to a tenant, providing immediate rental income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Locksmith Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 22601, VA

29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A 2-unit Cape Cod duplex with separate utilities for each unit, plus updated bathrooms and a recently installed roof.
Where is this duplex located?
The property is located at 1400 VALLEY Avenue Winchester, VA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1936 Cape Cod duplex with original features including wood floors, tall ceilings, fireplace, and a sunroom; Each unit offers 3 bedrooms and 1.5 baths for flexible living or rental use; Rear unit is already leased to a tenant, providing immediate rental income
More about this property
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