Four-Dwelling Multifamily
New
For Sale
$1,500,000
140 LEE HWY, Verona, VA 24482
Building, VERONA, VA
Property Size7,629 SF
Lot Size3.15 Acres
Price / SF$196.62
Days on Market1
Property Features for 140 LEE HWY
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GB General Business
Directions
Lee hwy in Verona.
Subdivision
Augusta
Standard status
Active
APN
046/A 1/ /3 B/
Size
7,629 SF
Lot size
3.15 Acres
Taxes and HOA fees
Tax Year
2025
Listing Agency:
Cottonwood Commercial
Listed By:
Barry Suttles · License #022521427
(540) 434-9922
Added: Nov 4
Last Checked: Nov 4 at 8:06PM
MLS# 683708
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.
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Investment Insights
Based on property information with market context.
This multifamily property in Verona includes four dwellings totaling 7,629 square feet. The buildings are described as being in good condition, and the dwellings may be used as apartments, rentals, or a rooming house, subject to zoning review.
The 3.15-acre property is identified as six tax parcels. Separate parcel sales may be considered; the stated preference is to sell the properties together.
The 3.15-acre property is identified as six tax parcels. Separate parcel sales may be considered; the stated preference is to sell the properties together.
Key Highlights
- Four dwellings totaling 7,629 square feet
- 3.15 acres across six tax parcels
- Separate parcel sales may be considered
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
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Business Placement
Demographics for 24482, VA
5,200
Population
2,003
Households
2.6
Avg Household Size
40
Median Age
21%
College-Educated
92%
High-School Grad
16.6 sq mi
ZIP Area
313
Density / Sq Mi
$72,693
Median Household Income
$33,258
Median Earnings
$1,075
Median Rent
$233,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property comprises six tax parcels, with separate parcel sales noted as a possibility.
Where is this multifamily property located?
The property is located at 140 LEE HWY Verona, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four dwellings totaling 7,629 square feet; 3.15 acres across six tax parcels; Separate parcel sales may be considered
