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15-Unit Brick Apartment Buildings
For Sale
$1,300,000
Pending

600 & 620 NORWOOD ST, Harrisonburg, VA 22801

4+ Apts, HARRISONBURG, VA

Property Size8,256 SF
Lot Size0.42 Acres
Days on Market93

Property Features for 600 & 620 NORWOOD ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3 Multifamily Residenti
Elementary school Spotswood (Harrisonburg)
Middle school Skyline
High school Rocktown
Directions Along Norwood St
Subdivision Harrisonburg
Standard status Pending
APN 027 S 40 43, 027 S 45A 46
Size 8,256 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12928

Utilities

Heating system Baseboard
Cooling system Wall Unit(s), Window Unit(s)

Building Details

Year built 1980
Roof type Composition
Listing Agency: Cottonwood Commercial LLC
Listed By: Mike Martin
Added: Jul 6 Changed: Sep 30 Last Checked: Oct 6 at 6:06PM
MLS# 679191

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily offering includes 15 apartments across 600 and 620 Norwood Street, with 8,256 square feet of total building area on 0.42 acres. Every residence is configured as one bedroom and one bath, with approximately 500 +/- square feet per unit. The buildings date to 1980 and feature brick construction, composition roofing, baseboard heating, and a combination of wall and window air-conditioning units. The property is identified as R-3 Multifamily Residenti zoning.

The Harrisonburg properties sit near the I-81 interchange and E Market Street, with restaurants, retail, grocery stores, and entertainment reachable within a few minutes by car. A new roof is planned for 600 Norwood Street before closing. The buildings may also be purchased separately, subject to the offering terms.

Key Highlights

  • 15 total units across 600 and 620 Norwood Street
  • 8,256 square feet of building area on 0.42 acres
  • Each apartment offers 1 bedroom, 1 bath, and 500 +/- square feet

Property Analytics

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Current Use

Elizabeth Cleaning LLC Hardware & Home Improvement

Suggested Use

Top Pick Pharmacy Skin Care Clinic Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The two-building offering contains one-bedroom, one-bath residences with baseboard heat and unit-level cooling.
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 $1,300,000.
What are key features of this property?
This property features: 15 total units across 600 and 620 Norwood Street; 8,256 square feet of building area on 0.42 acres; Each apartment offers 1 bedroom, 1 bath, and 500 +/- square feet
More about this property
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