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    1460 W Market St Harrisonburg, VA 22802

    For Sale
    $2,082,700

    Building - HARRISONBURG, VA

    Property size:
    1,008 SF
    Lot size:
    1.18 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1460 W Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3 Multiple Dwelling Residential
    APN
    124-H-19/20/21/22 and 124-G-4/3/2/1
    Size
    1,008 SF
    Lot size
    1.18 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Floors in Building
    2
    Number of units
    8
    Architectural style
    Other

    APMS Realty LLC (540) 423-3879

    Listing agent Doug Geib (540) 423-3879 License #0225089599

    Listing date Nov 13, 2025

    MLS# 671075 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Harrisonburg Multifamily Investment Opportunity

    This offering presents an opportunity for investors to acquire eight individual townhomes, each featuring two bedrooms and one and a half bathrooms. The properties are being sold together and are currently leased to tenants with a history of consistent rental payments, including many long-term renters. The property is located in Harrisonburg, VA. The lot size is 1.18 acres. The total building size is 1008 square feet. The zoning is R-3 Multiple Dwelling Residential. Tenants are responsible for covering all utility expenses. There are no HOA dues associated with these properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisonburg
    County
    Harrisonburg
    State
    Virginia
    Longitude
    -78.8926091
    Latitude
    38.4538725

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    FAQs

    What type of property is this?
    Apartment building - Eight townhomes in Harrisonburg, VA, fully leased to long-term tenants.
    Where is this apartment building located?
    The property is located at 1460 W Market St Harrisonburg, VA.
    What is the asking price?
    The asking price for this property is $2,082,700.
    What are key features of this property?
    This property features: - Eight individual townhomes being sold together.; - Currently leased to tenants with good rental history.; - Tenants pay all utilities.
    (540) 423-3879
    Request Owner's contact information
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    Harrisonburg, VA 22802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1460 W Market St Harrisonburg, VA 22802
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