Search
Renovated 6-Unit Apartment Building
For Sale
Contact for pricing

253 N Augusta Ave, Waynesboro, VA 22980

Fully updated multifamily property with every apartment leased and separately metered utilities.

Property SizeContact for details
Days on Market142

Property Features for 253 N Augusta Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 6

Building Details

Buildings 1
Listing Agency: Cottonwood Commercial
Listed By: Keith May · License #VA 0225049582
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:04AM

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 Cottonwood Commercial

Investment Insights

Based on property information with market context.

This six-unit apartment building has undergone extensive renovation throughout, with improvements completed across the property while retaining its original character. Each apartment is separately metered for utilities, and all six units are currently under lease.

The property is located at 253 N Augusta Ave in Waynesboro, near Downtown Waynesboro, Rockfish Gateway, Blue Ridge Parkway, Basic City Brewery, and Afton Mountain. Charlottesville is also within a short drive, providing regional access from the Waynesboro location.

Key Highlights

  • Six‑unit apartment building with renovations completed throughout
  • All 6 apartments are currently under lease
  • Utilities are separately metered for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully updated multifamily property with every apartment leased and separately metered utilities.
Where is this apartment building located?
The property is located at 253 N Augusta Ave Waynesboro, VA.
What are key features of this property?
This property features: Six‑unit apartment building with renovations completed throughout; All 6 apartments are currently under lease; Utilities are separately metered for every unit
(540) 820-7008 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message