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207 DOUGLAS AVE Charlottesville, VA 22902

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For Sale
$1,035,000

Investment property in Belmont with four units and off-street parking.

Type:Investment
Added:
Apr 1, 2026
Days on Market:
17
Last Refresh:
Apr 1 at 4:56 am

Property Features for 207 DOUGLAS AVE

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1945

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Listing Contact
JANICE K KAVANAGH
JANICE K KAVANAGH

Listing agent JANICE K KAVANAGH License #0225089778

Listing office Nest Realty

Listing date Apr 1, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Nest Realty


Overview

Belmont Investment Property with Cottage

Located on a quiet, tree-lined street in Belmont, this investment property sits on a level, landscaped lot with off-street parking. The property is a short walk from Belmont restaurants, the Downtown Mall, IX Park, the Farmer's Market, and Belmont Park. The property features a large house with three apartments, plus a custom-built one-bedroom cottage at the back of the lot. Each rental unit offers privacy with private entrances and porches. Each unit has its own washer and dryer, and all have separate electric meters. There is one water and sewer meter for the property. Zoned R-B, the property can accommodate up to six units by-right, according to the city. The new owner could live in the cottage and immediately benefit from three income-producing units, as all units are currently rented. Three of the four rentals are furnished, while one is unfurnished. The furnished rentals are rented for a minimum of 30 days or longer to travel nurses, UVA professionals, or retirees. The bike score is 80, indicating it is very bikeable, the walk score is 99, indicating it is a walker's paradise, and the transit score is 45, indicating some transit options are available.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

Location Insight

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City
Charlottesville
County
Charlottesville
State
Virginia
Longitude
-78.4739889
Latitude
38.0267878

FAQs

What type of property is this?
Apartment building - Investment property in Belmont with four units and off-street parking.
Where is this apartment building located?
The property is located at 207 DOUGLAS AVE Charlottesville, VA.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: High income potential with 4 existing rental units, 3 in main house and 1 cottage.; Zoned R‑B, allowing up to 6 units By‑Right, offering expansion possibilities.; **Excellent location: Walkable to Belmont restaurants, Downtown Mall, IX Park, and Farmer's Market (Walk Score: 99).**
More about this property
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