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Renovated Triplex with Short-Term Rentals
For Sale
$569,000

442 FIRST ST, Shenandoah, VA 22849

MULTI_FAMILY - SHENANDOAH, VA

Property Size3,100 SF
Lot Size0.09 Acres
Price / SF$183.55
Days on Market159

Property Features for 442 FIRST ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C-1 Commercial
Elementary school Shenandoah
Middle school Page
High school Page
Directions From East Point Rd. (602) turn left onto First St. Property is on the right. From Elkton, Turn left at stoplight, then right onto First St.Property is on the right
Subdivision Page
Standard status Active
APN 102A3-1-B-2A
Size 3,100 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 772

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump, Zoned, Ductless

Building Details

Year built 1933
Flooring type Vinyl, Tile - Ceramic, Carpet, Hardwood
Roof type Metal
Listing Agency: Melinda Beam Shenandoah Valley Real Estate
Listed By: Brad Reese · License #0225230205
Added: Mar 17 Changed: Jul 6 Last Checked: Aug 22 at 6:06PM
MLS# 674462

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 442 First St in Shenandoah, VA, this renovated multi-use triplex totals about 3,100 square feet. The property is currently operating as three separate short-term rental units, arranged to support independent use within one building.

Zoned C-1 Commercial, the building’s mixed-use zoning allows for both residential and commercial uses. The location places it across from a historic railyard and the Shenandoah Museum and Welcome Center, and the remarks note it sits centered between the Swift Run Gap and Thornton Gap park entrances.

Additional proximity mentioned in the public remarks includes public access to the Shenandoah River (less than 1 mile away) and nearby outdoor and attractions referenced as part of the broader Shenandoah National Park area.

Key Highlights

  • Multi‑use building currently operating as 3 separate short term rentals
  • Mixed use zoning allows for residential and commercial use
  • Fully renovated property built in 1933 with a metal roof

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Auto Parts Store Nail Salon Building Supply

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 22849, VA

4,891
Population
2,403
Households
2
Avg Household Size
43
Median Age
7%
College-Educated
83%
High-School Grad
46.1 sq mi
ZIP Area
106
Density / Sq Mi
$66,748
Median Household Income
$37,824
Median Earnings
$1,023
Median Rent
$178,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Fully renovated triplex configured as three separate short-term rental units in C-1 commercial zoning.
Where is this triplex located?
The property is located at 442 FIRST ST Shenandoah, VA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Multi‑use building currently operating as 3 separate short term rentals; Mixed use zoning allows for residential and commercial use; Fully renovated property built in 1933 with a metal roof
More about this property
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