1215 Walnut St, Staunton, VA 24401
Local realty services provided by:Better Homes and Gardens Real Estate Pathways
1215 Walnut St,Staunton, VA 24401
$475,000
- - Beds
- - Baths
- 2,302 sq. ft.
- Multi-family
- Active
Listed by:jenny mitchell
Office:exp realty llc.
MLS#:669847
Source:CHARLOTTESVILLE
Price summary
- Price:$475,000
- Price per sq. ft.:$206.34
About this home
Turnkey Triplex Investment Opportunity in Staunton’s West End with a gross annual income of $48,600. Fully renovated and fully leased. This circa 1900s city farmhouse has been thoughtfully converted into three modern apartments while retaining its historic charm. Each unit features a brand-new kitchen with stainless steel appliances, quartz countertops, updated lighting, in-unit washer/dryer, fresh paint, and dedicated outdoor living space for each unit (porches and decks). Located in the Kinzley Court neighborhood, this property offers easy access to downtown Staunton’s shops, restaurants, and amenities, with quick access to the bypass for commuters. All renovations were just completed, and a full inspection with repair list has been finalized for peace of mind. In addition to street parking, a brand-new gravel parking lot has been installed at the rear of the property, accessed via the alley—an attractive bonus for tenants. Each unit is leased on newly signed annual leases, providing immediate rental income with minimal maintenance. All utilities are tenant paid. A rare, turnkey multi-unit property in a prime city location, perfect for investors looking for stable cash flow and modern updates with character that tenants love!
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Home facts
- Year built:1900
- Listing ID #:669847
- Added:1 day(s) ago
- Updated:October 09, 2025 at 07:42 PM
Rooms and interior
- Living area:2,302 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1900
- Building area:2,302 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Staunton
- Middle school:Shelburne
- Elementary school:Bessie Weller
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$206.34
- Tax amount:$2,091 (2025)
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