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

625 ALLEGHANY AVE, Staunton, VA 24401

MULTI_FAMILY - STAUNTON, VA

Property Size6,228 SF
Lot Size0.28 Acres
Price / SF$206.97
Days on Market268

Property Features for 625 ALLEGHANY AVE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-3 Medium Density Residential
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Subdivision LAKEVIEW ADDITION
Elementary school Arthur R. Ware
Middle school Shelburne
High school Staunton
Directions Thornrose Ave to Alleghany Ave on Left, property on the left.
Standard status Active
APN 6486
Size 6,228 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BLK 8 LOTS 12&13 LAKEVIEW ADD
Tax Annual Amount 8190
Legal Description BLK 8 LOTS 12&13 LAKEVIEW ADD

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Building Details

Year built 1940
Number of units 7
Listing Agency: HANGER & ASSOCIATES
Listed By: CHAD HANGER
Added: Dec 4, 2025 Changed: Aug 3 Last Checked: Aug 29 at 7:06AM
MLS# 671586

Copyright © 2026 Greater Augusta 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 well-maintained 7-unit multifamily property at 625 Alleghany Ave offers 6,228 SF of residential space built in 1940. The building features historic interior character including original oak flooring, classic millwork, and period craftsmanship, while selective renovations have added modern convenience with updated kitchens and baths, refreshed fixtures, and efficient heating and cooling systems. Heat is provided by a heat pump, and the property has central air, supporting a comfortable, easily maintained living environment.

Located steps from downtown Staunton, Mary Baldwin University, parks, restaurants, and major commuter routes, the property is positioned for day-to-day accessibility to employment, services, and recreation. Public water and public sewer are available.

Heating and cooling are managed via heat pump equipment with central air, complementing the building’s blend of preserved historic details and targeted upgrades.

Key Highlights

  • 625 Alleghany Ave, Staunton, VA 24401
  • 7 units within a 6,228 SF multifamily building
  • 0.28‑acre lot size

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 - 7-unit multifamily built in 1940 with heat pump HVAC, central air, and public water and sewer services.
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: 625 Alleghany Ave, Staunton, VA 24401; 7 units within a 6,228 SF multifamily building; 0.28‑acre lot size
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