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2-Unit Duplex with Private Porches
For Sale
$300,000

817 Grayson Ave, Waynesboro, VA 22980

Separate entrances, in-unit laundry, and individual gas and electric meters serve both residences.

Property Size2,530 SF
Price / SF$118.58
Days on Market8

Property Features for 817 Grayson Ave

General Information

Standard status Active
Size 2,530 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

private porch
laundry

Building Details

Year Built 1920
Buildings 1
Listing Agency: Funkhouser Real Estate Group
Listed By: Gary Palmer · License #0225217224[4908]
Source: Towncville
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 12 at 7:18PM

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 Funkhouser Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1920, this 2,530-square-foot duplex contains two residences, each configured with two bedrooms and one bathroom. Separate entrances, private porches, laundry, hardwood floors, and 10-foot ceilings are provided in both units. One residence is vacant; the other is leased through February 2027 at $1,250 per month.

The property at 817 Grayson Ave in Waynesboro is directly across from North Park and the Greenway Trail. Each unit has an individual gas and electric meter, with tenants responsible for those utilities. Water and sewer are paid by the owner.

Key Highlights

  • Two 2‑bedroom, 1‑bath residences
  • 2,530 square feet; built in 1920
  • One unit is vacant; the other is leased through February 2027 for $1,250 per month

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Skin Care Clinic Real Estate Agency Bakery

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
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?
Duplex - Separate entrances, in-unit laundry, and individual gas and electric meters serve both residences.
Where is this duplex located?
The property is located at 817 Grayson Ave Waynesboro, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences; 2,530 square feet; built in 1920; One unit is vacant; the other is leased through February 2027 for $1,250 per month
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