Great investment opportunity!! You can live in the upstairs and rent the downstairs or rent both. This two story beauty offers 2 rental units; the top unit is a 2 bedroom, 1 bathroom unit with great flow & a nice size flex space for an office or storage area right off of the kitchen; the lower unit is a 1 bedroom, 1 bathroom with large rooms, a back porch, a storage area and has great flow as well. You could also convert this home back into a single family residence. The cost to own this over under duplex as a rental property are minimal so that means more money in your pocket. The upper unit rents for $800 a month and the lower unit rents for $840 a month, with cosmetic updates there is great potential to increase the rent rates. Recent updates include; in the last 6 years a new standing seam roof, siding and windows; Fortress Foundation Solutions has completed foundation work to make sure it is sturdy and ready for it's new owner. This one won't last long so call your favorite Realtor today to set up a showing!! Disclosure: Listing photos are from when it was not occupied right before the current owner purchased the property.
For sale
$249,900
16 W Peabody St, Staunton, VA 24401
3beds
1,856sqft
Est.:
Detached
Built in 1930
5,227.2 Square Feet Lot
$248,300 Zestimate®
$135/sqft
$-- HOA
What's special
Nice size flex spaceLarge roomsStorage areaBack porchOffice or storage areaNew standing seam roof
- 2 days
- on Zillow |
- 749 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 06:22pm
Listed by:
LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Source: GASAOR,MLS#: 663601

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Bathroom 1, Kitchen, Living Room
Bedroom
- Level: First
- Area: 189.06
- Dimensions: 13.8 x 13.7
Bathroom 1
- Level: First
Kitchen
- Level: First
- Area: 204.4
- Dimensions: 14.6 x 14
Living room
- Level: First
- Area: 205.62
- Dimensions: 14.9 x 13.8
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- Formica Counter, Wood Cabinets
- Flooring: Carpet, Linoleum, Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
- Finished area above ground: 1,856
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: 6934
- Zoning description: R-3 Medium Density Multi-Family Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Detached
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Metal - Galv Steel
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, DSL
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Staunton
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $144,050
- Annual tax amount: $1,706
- Date on market: 4/23/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: 2 Refrigerators, 2 Electric Stoves (Convey "AS IS, WHERE IS").
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