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    386 Round Hill Rd Winchester, VA 22602

    For Sale
    $475,000

    MULTI_FAMILY - Other - WINCHESTER, VA

    Property size:
    2,736 SF
    Lot size:
    1.51 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 386 Round Hill Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    2
    Parking features
    Garage - Detached, Driveway
    Interior features
    Ceiling Fan(s), Entry Level Bedroom, Wood Floors
    Appliances
    Refrigerator, Stove
    Size
    2,736 SF
    Lot size
    1.51 Acres

    Utilities

    Heating system
    Electric (Heating), Baseboard
    Cooling system
    Window Unit(s), Ceiling Fan(s)

    Building Details

    Year built
    1950
    Number of units
    3
    Building materials
    Vinyl Siding, Aluminum Siding
    Architectural style
    Other

    Colony Realty (540) 662-0323 [email protected]

    Listing agent Bridget V Aikens (540) 450-3341 License #0225060938

    Listing date Nov 7, 2025

    MLS# VAFV2034802 Listing URL

    Copyright © 2025 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.

    Overview

    Winchester Multifamily Investment Opportunity

    Located in Winchester, Virginia, these two adjacent properties, offered together, present an investment opportunity. Situated minutes from Valley Health Campus, shopping, restaurants, and Route 37, the combined properties occupy 1.91 acres. The property at 386 Round Hill Road sits on 1.51 acres and contains three units. Each unit includes 2 bedrooms, 1 bathroom, a living area, a kitchen, and laundry hook-ups. The building totals approximately 2736 square feet. Unit 2 is larger, with additional bonus rooms. The property at 402 Round Hill Road is approximately 1008 square feet and features 2 bedrooms, 1 bathroom, a living room, a formal dining room, a kitchen, and a laundry area with hook-ups only. This property sits on 0.40 acres and includes a covered back porch and a detached garage. Each unit is separately metered, and tenants are responsible for utilities. Each parcel has its own well and septic system. All units are currently rented.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.21784932
    Latitude
    39.19063319

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    FAQs

    What type of property is this?
    Apartment building - Two adjacent Winchester properties totaling 1.91 acres, offered together.
    Where is this apartment building located?
    The property is located at 386 Round Hill Rd Winchester, VA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Two adjacent income-producing properties being sold together on 1.91 acres.; - Proven history of positive cash flow.; - All units are currently rented with tenants who wish to stay.
    (540) 450-3341
    Request Owner's contact information
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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
    386 Round Hill Rd Winchester, VA 22602
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