4-Unit Renovation
501 4th St, Waynesboro, VA 22980
For Sale
New
$250,000
Two-bedroom and one-bedroom apartments have separate electric and gas meters, with a buildable lot included in the sale.
Property Size2,700 SF
Price / SF$92.59
Days on Market2
Property Features for 501 4th St
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Gross Income
Tenant in Place
Building Details
Year Built
Stories
Listing Agency:
Wintergreen Realty, LLC
(434) 361-0500
Listed By:
Gary Palmer · License #0225217224[4908]
(434) 260-8222
Source:
Towncville
Added: Nov 8
Last Checked: Nov 8 at 6:05PM
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 Wintergreen Realty, LLC
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Investment Insights
Based on property information with market context.
This two-story, 2,700-square-foot quadplex dates to 1920 and contains two 2-bedroom apartments and two 1-bedroom apartments. Each unit has its own electric and gas meter. The building requires renovation and is being sold as-is. Tenancies are month-to-month, and an adjacent buildable lot is included in the sale.
The property occupies a corner lot at 501 4th St in Waynesboro, backs to an alley, and is near downtown Waynesboro with access to I-64.
The property occupies a corner lot at 501 4th St in Waynesboro, backs to an alley, and is near downtown Waynesboro with access to I-64.
Key Highlights
- Four apartments: two 2‑bedroom units and two 1‑bedroom units
- 2,700 square feet in a two‑story building constructed in 1920
- Separate electric and gas meters for each unit
Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-bedroom and one-bedroom apartments have separate electric and gas meters, with a buildable lot included in the sale.
Where is this quadplex located?
The property is located at 501 4th St Waynesboro, VA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom units and two 1‑bedroom units; 2,700 square feet in a two‑story building constructed in 1920; Separate electric and gas meters for each unit
