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501 4th St, Waynesboro, VA 22980

Waynesboro
Local realty services provided by:CENTURY 21 Realty @ Home
501 4th St,Waynesboro, VA 22980
$250,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Single family
  • Active
Listed by: monica snow
Office: real broker llc.
MLS#:683766
Source:CHARLOTTESVILLE

Price summary

  • Price:$250,000
  • Price per sq. ft.:$92.59

About this home

Four-unit investment opportunity in Waynesboro, priced below tax assessment with plenty of room to add value. The adjacent buildable lot is included in the sale (see MLS #683765). This two-story building on a corner lot offers two 2-bedroom and two 1-bedroom units, each with separate electric and gas meters. The property backs up to an alley. It needs renovation and is being sold as-is, making it a good fit for an investor or anyone ready to take on a project. Current rental income is $20,700 a year, well below what renovated units in the area bring in, so there’s real upside with updates. All tenants are month-to-month, giving a new owner flexibility to renovate and reposition. Close to downtown Waynesboro with easy access to I-64.

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Home facts

  • Year built:1920
  • Subdivision & Development:BCMM & LC
  • Listing ID #:683766
  • Added:1 day(s) ago
  • Updated:November 06, 2026 at 12:05 PM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,700 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:2,700 sq. ft.
  • Lot area:0.28 Acres
  • Construction Materials:Masonite
  • Foundation Description:Block

Schools

  • High school:Waynesboro
  • Middle school:Kate Collins
  • Elementary school:Wenonah

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$92.59
  • Tax amount:$2,081 (2026)

Features and amenities

  • Appliances:Refrigerator
“Based on information submitted to the MLS GRID as of November 6, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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