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    540 MONTICELLO St Winchester, VA 22601

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    For Sale
    $605,000

    Downtown Winchester triplex with strong cash flow and commuter convenience.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 24 at 4:17 pm

    Property Features for 540 MONTICELLO St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1956

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    Listing Contact
    Laura King

    Listing agent Laura King License #0225221392

    Listing office MarketPlace Realty LLC

    Listing date Apr 24, 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 MarketPlace Realty LLC


    Overview

    Turnkey Winchester Triplex Investment Opportunity

    Located in downtown Winchester, 540 Monticello Street is a triplex offering 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 multi-tenants and may command 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. New HVAC is scheduled for installation in 2025. Designated parking is available for all units. The property is currently fully leased, 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 is somewhat bikeable (bike score 43) and somewhat walkable (walk score 51).
    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
    -78.1886207
    Latitude
    39.145098

    FAQs

    What type of property is this?
    Triplex - Downtown Winchester triplex with strong cash flow and commuter convenience.
    Where is this triplex located?
    The property is located at 540 MONTICELLO St 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 in a prime downtown Winchester location.; Strong cash flow with a gross annual rental income of $45,300.; Convenient access to I‑81 and I‑66, less than an hour from Northern Virginia.
    More about this property
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