Belmont Multifamily Investment
207 DOUGLAS AVE, Charlottesville, VA 22902
Other - CHARLOTTESVILLE, VA
Property size:
2,777 SFLot size:
0.20 AcresPrice / SF:
$372/SF- Added:
- Mar 30, 2026
- Days on Market:
- 53
- Last Refresh:
- May 21 at 12:06 pm
Property Features for 207 DOUGLAS AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3 Multifamily Residential
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Standard status
- Active
- APN
- 580339000
- Size
- 2,777 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7733
Utilities
- Heating system
- Baseboard, Electric (Heating), Forced Air, Heat Pump (Heating), Natural Gas
- Cooling system
- Central Air, Multi Units, Window Unit(s)
Building Details
- Year built
- 1945
- Number of units
- 4
- Flooring type
- Hardwood, Laminate, Tile, Tile - Ceramic, Vinyl, Wood
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent JANICE KAVANAGH License #0225089778 (434) 760-0739
Listing office NEST REALTY GROUP 1135 Rose Hill Drive, Suite 100, Charlottesville, VA (434) 566-0121
Listing date Mar 30, 2026
MLS# 675084
Listing URL
Copyright © 2026 Charlottesville Area 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.
HighLights
- Potential for up to 6 units By‑Right (zoned R‑B)
- Four existing rental units: a house with 3 apartments PLUS a separate one‑bedroom cottage.
- All units have private entrances and porches, each with individual washer/dryers.
- No shared mechanicals/systems; each unit has a separate electric meter.
- Excellent location: walking distance to restaurants, Downtown Mall, IX Park, Farmer's Market, and Belmont Park.
- Current rentals are furnished (minimum 30‑day stays) and attract travel nurses, UVA professionals, and retirees.
Overview
Located on a quiet, tree-lined street in the heart of Belmont, this investment property sits on a 0.20-acre flat, landscaped lot. The property features a large house with three apartments, plus a custom-built cottage tucked at the back of the lot. Each rental offers privacy, with its own entrance and porch. All rentals have their own washer and dryer, and no units share mechanicals or systems; all have separate electric meters. There is one water and sewer meter for the property. The property is zoned R-3 Multifamily Residential and R-B, and according to the city, this property can have up to six units by-right. The property includes three off-street parking spots. Two of the three units in the large house and the cottage rent as furnished rentals, while the other unit in the large house is unfurnished. The new owner can continue with furnished rentals or turn them all into 12-month unfurnished rentals. The tenants for the furnished rentals are travel nurses, UVA professors, or working professionals. The well-maintained property has an excellent rental history and has never been vacant. It is a few minutes' walk to nine popular Belmont restaurants and a 10-minute walk to the downtown mall, IX Park, and the Farmer's Market. The property size is 2777 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Charlottesville
- County
- Charlottesville
- State
- Virginia
- Longitude
- -78.4739889
- Latitude
- 38.0267878
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained Charlottesville multifamily property with income potential.
Where is this quadplex 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: Potential for up to 6 units By‑Right (zoned R‑B); Four existing rental units: a house with 3 apartments PLUS a separate one‑bedroom cottage.; All units have private entrances and porches, **each with individual washer/dryers.**
