Renovated Triplex with
540 MONTICELLO Street, Winchester, VA 22601
For Sale
$605,000
Multi-Family, WINCHESTER, VA
Property Size4,396 SF
Lot Size0.09 Acres
Price / SF$137.63
Days on Market49
Property Features for 540 MONTICELLO Street
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Appliances
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Listing Agency:
MarketPlace REALTY
(540) 450-2747
Listed By:
Laura King · License #0225221392
(540) 409-8683
Added: Sep 21
Changed: Oct 19
Last Checked: Nov 8 at 10:06AM
MLS# VAWI2011668
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,396-square-foot triplex, built in 1956, contains two 2-bedroom, 1-bath units and a larger two-level residence with 5 bedrooms, 2 full baths, 2 living rooms, a full kitchen, and laundry. The smaller units include spacious kitchens and separate laundry rooms; one is on the ground level, while the second-floor unit opens to a deck. The largest unit also provides private patio and deck access.
Recent improvements include luxury vinyl plank flooring, fresh paint, updated kitchens and baths, newer appliances in each unit, a roof less than 3 years old, and a new HVAC system installed in 2025. All three units are currently leased, with assigned driveway parking serving the property. Located in Winchester, the building offers access to I-81 and I-66, with Northern Virginia less than an hour away.
Recent improvements include luxury vinyl plank flooring, fresh paint, updated kitchens and baths, newer appliances in each unit, a roof less than 3 years old, and a new HVAC system installed in 2025. All three units are currently leased, with assigned driveway parking serving the property. Located in Winchester, the building offers access to I-81 and I-66, with Northern Virginia less than an hour away.
Key Highlights
- 4,396‑square‑foot triplex on a 0.0918‑acre lot
- Unit mix includes two 2‑bedroom, 1‑bath units and one 5‑bedroom, 2‑bath unit
- Largest residence spans two finished levels with 2 living rooms and private patio and deck access
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 22601, VA
29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three leased units feature updated kitchens, laundry areas, newer appliances, and designated parking.
Where is this triplex located?
The property is located at 540 MONTICELLO Street Winchester, VA.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: 4,396‑square‑foot triplex on a 0.0918‑acre lot; Unit mix includes two 2‑bedroom, 1‑bath units and one 5‑bedroom, 2‑bath unit; Largest residence spans two finished levels with 2 living rooms and private patio and deck access
