223 Maury St, Lexington, VA 24450
Local realty services provided by:CENTURY 21 Rauh & Johns
223 Maury St,Lexington, VA 24450
$125,000
- 2 Beds
- 1 Baths
- 725 sq. ft.
- Single family
- Active
Listed by: derek j. greene
Office: the greene realty group
MLS#:VALX2000020
Source:BRIGHTMLS
Price summary
- Price:$125,000
- Price per sq. ft.:$172.41
About this home
Welcome to 223 Maury Street — a rare chance to acquire an affordable property in one of Lexington’s most desirable and supply-constrained areas. This 2-bedroom, 1-bath home offers 724 square feet of living space on a generous lol
The property is being sold as-is and will require renovations, making it an excellent candidate for an investor, landlord, or handy owner-occupant looking to create instant equity. Included renovation renderings illustrate one possible vision of the home after updates, helping buyers see the potential this property holds once refreshed.
The lot size provides flexibility for outdoor living, parking, or future improvements, and the location supports multiple exit strategies — long-term rental, short-term housing for university-related demand (subject to local regulations), or a personal residence close to Lexington’s core amenities.
This property is well-suited for:
• Buy-and-hold investors seeking strong rental demand
• Renovators looking for a small, manageable project
• Owner-occupants willing to put in work for equity
• Buyers interested in a novation or creative renovation purchase
Surrounded by historic charm, academic institutions, and a walkable downtown, opportunities like this are increasingly difficult to find at this price point in Lexington.
Cash or renovation financing recommended. Conventional, FHA, or VA financing may be challenging due to current condition. Buyers to perform their own due diligence regarding zoning, use, and renovation scope.
Do not miss the chance to secure a property with real upside in one of Virginia’s most respected small college towns.
Contact an agent
Home facts
- Year built:1947
- Listing ID #:VALX2000020
- Added:1 day(s) ago
- Updated:December 25, 2025 at 02:55 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:725 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Baseboard - Electric, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1947
- Building area:725 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$125,000
- Price per sq. ft.:$172.41
- Tax amount:$1,431 (2025)
New listings near 223 Maury St
$319,900Active4 beds 2 baths1,800 sq. ft.126 Welsh Park Pl, LEXINGTON, VA 24450
MLS# VALX2000016Listed by: REAL BROKER, LLC
$349,000Active3 beds 2 baths1,660 sq. ft.303 Summit St, Lexington, VA 24450
MLS# 671240Listed by: EXP REALTY LLC
$439,000Active3 beds 3 baths1,803 sq. ft.41 Chamberlain Loop, Lexington, VA 24450
MLS# 667927Listed by: LEXINGTON REAL ESTATE CONNECTION
$160,000Active4 beds 1 baths1,530 sq. ft.407 Carruthers St, LEXINGTON, VA 24450
MLS# VALX2000012Listed by: WEICHERT REALTORS - NANCY BEAHM REAL ESTATE