5-Unit Apartment
For Sale
$549,000
45 Morris Mill Rd, Staunton, VA 24401
Five apartments offer mixed one- and two-bedroom layouts with a garage, storage shed, porch, and rear deck.
Property Size3,144 SF
Price / SF$174.62
Days on Market44
Property Features for 45 Morris Mill Rd
General Information
Standard status
Active
Size
3,144 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
5
Amenities
garage
storage shed
front porch
rear deck
Building Details
Year Built
1940
Listing Agency:
Real Broker, LLC
(434) 260-8222
Listed By:
Gary Palmer · License #0225217224
(434) 260-8222
Source:
Towncville
Added: Jul 17
Changed: Aug 28
Last Checked: Aug 28 at 11:23AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This 5-unit apartment property contains 3,144 SF and was built in 1940. The unit mix includes two two-bedroom, one-bath apartments and three one-bedroom, one-bath apartments. Some units also have additional non-conforming bedrooms. Units 1A and 1B are vacant and have fresh paint and new carpeting. Common property features include a front porch, rear deck, spacious garage, storage shed, blown-in attic insulation, and R-13 wall insulation.
Located at 45 Morris Mill Rd in Staunton, the property is a couple of minutes' walk from Ware and Shelburne schools. The owner currently pays water and sewer, while Units 2, 3, and 4 each have separate electric meters. The vacant units may support an owner-occupant arrangement or continued investment use, as described in the property information.
Located at 45 Morris Mill Rd in Staunton, the property is a couple of minutes' walk from Ware and Shelburne schools. The owner currently pays water and sewer, while Units 2, 3, and 4 each have separate electric meters. The vacant units may support an owner-occupant arrangement or continued investment use, as described in the property information.
Key Highlights
- 5‑unit apartment property with 3,144 SF, built in 1940
- Unit mix includes two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
- Units 1A and 1B are vacant with fresh paint and new carpeting
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 24401, VA
38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments offer mixed one- and two-bedroom layouts with a garage, storage shed, porch, and rear deck.
Where is this apartment building located?
The property is located at 45 Morris Mill Rd Staunton, VA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 5‑unit apartment property with 3,144 SF, built in 1940; Unit mix includes two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units; Units 1A and 1B are vacant with fresh paint and new carpeting
