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    Turnkey Winchester Triplex Investment Opportunity Title is generated by Realmo AI

    540 MONTICELLO Street, Winchester, VA 22601

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    For Sale
    $605,000

    MULTI_FAMILY - WINCHESTER, VA

    Property size:
    4,396 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $137/SF
    Added:
    Feb 17, 2026
    Days on Market:
    113
    Last Refresh:
    Jun 10 at 8:06 pm

    Property Features for 540 MONTICELLO Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Dining Room, Family Room
    Parking
    5
    Parking features
    Driveway, Assigned
    Interior features
    2nd Kitchen, Additional Stairway, Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space
    Appliances
    Dishwasher, Microwave, Oven/Range - Electric, Washer/Dryer Hookups Only, WaterHeater
    Standard status
    Active
    Size
    4,396 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3670

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1956
    Number of units
    3
    Building materials
    HardiPlank Type

    We can help!

    Listing Contact
    Laura King

    Listing agent Laura King License #0225221392

    Listing office MarketPlace REALTY 302 S BRADDOCK Street, WINCHESTER, VA

    Listing date Feb 17, 2026

    MLS# VAWI2009974 Listing URL

    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.

    HighLights

    • Turnkey triplex investment property with all units currently leased, providing immediate and reliable income.
    • Prime downtown Winchester location, offering convenience and commuter access to I‑81, I‑66, and Northern Virginia.
    • Diverse unit mix: two 2‑bedroom units with updated kitchens, laundry rooms, and a large 5‑bedroom unit with a unique two‑level layout, private patio, and deck.
    • Recent renovations including LVP flooring, fresh paint, updated kitchens and baths, and newer appliances in each unit.
    • Newer roof (less than 3 years old) and new HVAC system (installed in 2025).
    • Designated parking for all units.

    Overview

    Located in downtown Winchester, this triplex presents a multi-unit investment opportunity. The building contains two 2-bedroom, 1-bath units, each featuring large kitchens, updated finishes, and laundry rooms. One unit is ground level, while the other has access to a deck. The largest unit spans two finished levels connected by an interior staircase and includes 5 bedrooms, 2 full baths, 2 living rooms, a full kitchen, laundry facilities, and a private patio and deck. This two-level layout is suitable for multiple tenants or premium rental rates. Recent renovations include luxury vinyl plank flooring, fresh paint, and updated kitchens and baths. Newer appliances are installed in each unit. The roof is less than 3 years old, and new HVAC is scheduled for installation in 2025. Designated parking is available for all units. The property is currently a turnkey investment with reliable income. The building is fully occupied, generating a gross annual rental income of $45,300. The property is located minutes from I-81 and I-66, and less than an hour from Northern Virginia. The property, situated on a 0.0918-acre lot, offers 4396 square feet of living space. The property is suitable for short-term rental.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.18863
    Latitude
    39.14512

    FAQs

    What type of property is this?
    Triplex - Triplex in downtown Winchester with strong cash flow potential.
    Where is this triplex located?
    The property is located at 540 MONTICELLO Street Winchester, VA.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: Turnkey triplex investment property with all units currently leased, providing immediate and reliable income.; Prime downtown Winchester location, offering convenience and commuter access to I‑81, I‑66, and Northern Virginia.; Diverse unit mix: two 2‑bedroom units with updated kitchens, laundry rooms, and a large 5‑bedroom unit with a unique two‑level layout, private patio, and deck.
    More about this property
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