10-Unit Apartment
For Sale
Contact for pricing
307 S Main St, Lexington, VA 24450
Three-story brick property with separately metered electricity and coin-operated basement laundry.
Property SizeContact for details
Days on Market143
Property Features for 307 S Main St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Utilities to Site
Yes
Multifamily Units
10
Amenities
coin-operated laundry
Building Details
Buildings
1
Stories
3
Construction
brick
Listing Agency:
KW Commercial Manassas
(703) 330-2222
Listed By:
Ed Martin, CCIM · License #0225075345
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:30AM
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 KW Commercial Manassas
Investment Insights
Based on property information with market context.
This three-story brick apartment property is configured with 10 units in a multifamily building. Each unit has two entrances, while electricity is separately metered by unit. A coin-operated laundry facility is located in the basement. The landlord pays the gas and water bills. Units 1 and 9 were remodeled after being vacant during the past year.
The property is at 307 S Main St in downtown Lexington, within short walking distance of Washington & Lee University, the Virginia Military Institute, and downtown amenities. The property is leased for the upcoming school year, with graduate students identified as an existing tenant audience.
The property is at 307 S Main St in downtown Lexington, within short walking distance of Washington & Lee University, the Virginia Military Institute, and downtown amenities. The property is leased for the upcoming school year, with graduate students identified as an existing tenant audience.
Key Highlights
- 10‑unit multifamily configuration in a three‑story brick building
- Each unit has two entrances and separately metered electricity
- Coin‑operated laundry located in the basement
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 24450, VA
17,654
Population
7,650
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
94%
High-School Grad
220.0 sq mi
ZIP Area
80
Density / Sq Mi
$77,839
Median Household Income
$29,841
Median Earnings
$1,017
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story brick property with separately metered electricity and coin-operated basement laundry.
Where is this apartment building located?
The property is located at 307 S Main St Lexington, VA.
What are key features of this property?
This property features: 10‑unit multifamily configuration in a three‑story brick building; Each unit has two entrances and separately metered electricity; Coin‑operated laundry located in the basement
