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For sale
  • Price cut: $15K (4/1)
    $540,000

    728 Foley Rd, Harrisonburg, VA 22801

    7beds
    --baths
    2,484sqft
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $516,400 Zestimate®
    $217/sqft
    $-- HOA

    What's special

    Garage area
    Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
    64 days
    on Zillow
    |
    546
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 06:27am

    Listed by:

    Colton Mitchell 540-820-2001,

    Old Dominion Realty

    Source: Bright MLS,MLS#: VAHC2000384MLS Logo
    Travel times

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    We’ll find a local expert to take you on a private tour of 728 Foley Rd.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Basement
    • Area: 1792
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Refrigerator, Dishwasher, Electric Water Heater
    Features
    • Flooring: Hardwood, Vinyl, Carpet
    • Basement: Partial,Full,Heated,Partially Finished,Space For Rooms,Walk-Out Access,Windows,Unfinished,Front Entrance
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,656
    • Total interior livable area: 2,484 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Front, Attached
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Pool features: None
    Lot
    • Size: 0.53 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 84B17
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Good
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Harrisonburg

    Financial & listing details

    • Price per square foot: $217/sqft
    • Tax assessed value: $380,500
    • Annual tax amount: $3,843
    • Date on market: 2/21/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 49200
    • Road surface type: Black Top
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