Brick Mid-Sized Multifamily
For Sale
$1,574,800
600 & 620 Norwood St, Harrisonburg, VA 22801
Two adjacent buildings total 15 fully leased 1-bed, 1-bath units in long-lasting brick construction.
Property Size8,256 SF
Days on Market49
Property Features for 600 & 620 Norwood St
General Information
Standard status
Active
Size
8,256 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
15
Building Details
Building Size
8,256 SF
Year Built
1980
Units
15
Tenancy
Multi
Listing Agency:
Cottonwood Commercial
(540) 421-0360
Listed By:
Mike Martin · License #0225265521
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 15
Last Checked: Aug 30 at 1:28PM
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.
600 and 620 Norwood Street comprise two mid-size multifamily buildings totaling 15 fully leased units. Each unit is a 1 bed, 1 bath layout with 500 +/- square feet. The property is built with long-lasting brick construction, and the current rents are described as below market rate, creating room to add value while maintaining long-term income-producing potential.
The buildings are located in the center of Harrisonburg, just off the I-81 interchange and E Market Street. Tenants are within a few minutes’ drive of restaurants, retail, grocery, and entertainment.
As an additional capital item, the owner will be installing a new roof on 600 Norwood Street prior to closing.
The buildings are located in the center of Harrisonburg, just off the I-81 interchange and E Market Street. Tenants are within a few minutes’ drive of restaurants, retail, grocery, and entertainment.
As an additional capital item, the owner will be installing a new roof on 600 Norwood Street prior to closing.
Key Highlights
- Two adjacent buildings at 600 and 620 Norwood Street with 15 fully leased 1‑bed, 1‑bath units
- Units are 500 +/- SF each, offering consistent unit mix across the property
- Long‑lasting brick construction
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 22801, VA
40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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 - Two adjacent buildings total 15 fully leased 1-bed, 1-bath units in long-lasting brick construction.
Where is this apartment building located?
The property is located at 600 & 620 Norwood St Harrisonburg, VA.
What is the asking price?
The asking price for this property is $1,574,800.
What are key features of this property?
This property features: Two adjacent buildings at 600 and 620 Norwood Street with 15 fully leased 1‑bed, 1‑bath units; Units are 500 +/- SF each, offering consistent unit mix across the property; Long‑lasting brick construction
