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    20738 Monrovia Rd Orange, VA 22960

    New
    For Sale
    $625,000

    Multi-Family, Other - ORANGE, VA

    Type:Multi Family
    Lot size:
    3.54 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 20738 Monrovia Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Parking features
    Driveway
    Appliances
    Dishwasher, Refrigerator, Washer
    Lot size
    3.54 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1960
    Flooring type
    Carpet
    Building materials
    Block
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Anne Corbin (888) 536-0216

    Listing date Nov 29, 2025

    MLS# VAOR2009508 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Family Investment Opportunity

    This multi-family home presents an investment opportunity suitable for an extended family or rental property investor. The property features two separate units, allowing for independent living. The home has been fully remodeled and includes a 2-bedroom unit with a bonus room on the main level, and a 3-bedroom unit with a bonus room on the upper level. The upper level provides approximately 1,400 square feet of living space, while the lower level offers around 1,200 square feet. The renovations include stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, and a 10-person septic system. The property has been freshly painted and is move-in ready. The lower unit is currently rented for $1,600 per month. Located near Lake Orange, Lake Anna, and the Town of Orange, this property sits on a 3.54-acre lot.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    Virginia
    Longitude
    -78.01327414
    Latitude
    38.16429246

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    FAQs

    What type of property is this?
    Duplex - Fully remodeled multi-family home near Lake Orange and Lake Anna.
    Where is this duplex located?
    The property is located at 20738 Monrovia Rd Orange, VA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Two separate, fully remodeled rental units ideal for extended family or investment; - Brand new stainless steel appliances, bathrooms, flooring, electrical, plumbing, and septic system; - Income-producing property: lower unit currently rented for $1,600/month
    (888) 536-0216
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    20738 Monrovia Rd Orange, VA 22960
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    Orange, VA 22960
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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
    20738 Monrovia Rd Orange, VA 22960
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