Search
Historic 7-Unit Apartment Building
For Sale
$1,289,000

625 Alleghany Ave, Staunton, VA 24401

Updated kitchens and baths complement preserved architectural details throughout the property.

Property Size6,228 SF
Price / SF$206.97
Days on Market53

Property Features for 625 Alleghany Ave

General Information

Standard status Active
Size 6,228 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 7

Building Details

Year Built 1940
Listing Agency: Real Broker, LLC
Listed By: Gary Palmer · License #0225217224
Source: Towncville
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 30 at 8:59PM

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.

Built in 1940, this 6,228-square-foot apartment property contains 7 units and combines retained historic detailing with selective modernization. Original oak floors, traditional millwork, and period craftsmanship contribute distinctive character, while renovated kitchens and bathrooms, updated fixtures, efficient heating and cooling systems, and durable finishes support contemporary occupancy.

The property is located at 625 Alleghany Ave in Staunton, near downtown, Mary Baldwin University, parks, restaurants, and major commuter routes. Its combination of established architectural features and functional upgrades creates a cohesive multifamily offering in a central Staunton setting.

Key Highlights

  • 7‑unit apartment property totaling 6,228 square feet
  • Built in 1940 with original oak flooring and period millwork
  • Renovated kitchens and bathrooms with updated fixtures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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 - Updated kitchens and baths complement preserved architectural details throughout the property.
Where is this apartment building located?
The property is located at 625 Alleghany Ave Staunton, VA.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: 7‑unit apartment property totaling 6,228 square feet; Built in 1940 with original oak flooring and period millwork; Renovated kitchens and bathrooms with updated fixtures
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message