1012 Elliott Ave Charlottesville, VA ^$ 549,000

1012 Elliott Ave

^$ 549,000

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1012 Elliott Ave

Charlottesville, VA, 22902

^$ 549,000

Studio Baths0.0

Monthly Estimate*

^$ 3,466

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Studio

Multi-Family Home for sale in Charlottesville, VA

for $549,000. This home was built in 1920 on a lot size of 0.2.

Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit B generates $1,750/month and offers 2 bedrooms, 1 full bath, living room, large kitchen, and laundry. The oversized lot, rear alley access, large backyard, and rear deck add to the property's appeal and provide potential long-term upside. With two separately configured units, established rental income, and a desirable Belmont location, this property is an excellent addition to an investment portfolio or opportunity for an owner-occupant seeking rental income to help offset expenses. Rent to price ratio = .,Solid Surface Counter

Multi-Family Active

Price

^$ 549,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,900

Style

Lot Size

0.2

Year Built

1920

Town/City

Charlottesville

County/Region

Charlottesville City

MLS | Web ID

681453

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Window Unit(s)

Roof Composite

Appliances Washer/Dryer Stacked

Zoning R-B

Architectural Style Other

Construction Materials Wood Siding

School District CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Year Built 1920

Property Subtype Duplex

Tax Year 2026

Ownership Other

Gross Income 3700.00

Accessibility None

County CHARLOTTESVILLE CITY

New Construction N

Property Type Multi-Family

Subdivision Name BELMONT

Garage Y/N N

Status ACTIVE

Directions From downtown: Monticello South to right on Elliott. Home on Right.

City CHARLOTTESVILLE

Disclosures Prop Disclosure

Number Of Units Total 2

Tax Annual Amount 3900.0

Structure Type Twin/Semi-Detached

Price Per Sq Ft Total AG 306.7

Construction Completed Y/N N

Vacation Rental Y/N N

Virtual Tour https://youtu.be/5F-YE6p4d-g

Standard Status Active

Year Built Source Estimated

Legal Subdivision BELMONT

Interior

Flooring Carpet Laminated

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Water Source Public

Foundation Details Block Stone

Water View Y/N N

Lot Size Acres 0.20

Road Responsibility Public

Water Oriented Y/N N

Internal Only

Street Number 1 1012

* Excluded Features

List By

Equity Saver Usa

Broker

jhague@equitysaverusa.com

Affordability Calculator

$3,791

Per Month

Monthly Principal & Interest: $3,466
Monthly Property Taxes: $325
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Charlottesville, VA

Average List Price ^$848,412

Percent of Sale Price 55%

About Charlottesville, VA

48,796 Population

8% Since 2002

^$55,740 Median Income

31.57 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4670276 Elementary School

5357577 Middle School

Charlottesville High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2026	$549,000		Listed Price

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1012 Elliott Ave, Charlottesville, VA, 22902 is a Multi-Family Home for sale at $549,000 with a lot size of 0.2. 1012 Elliott Ave is a studio with 0.0 baths and was built in 1920. The property's zip code is 22902 which is in Charlottesville, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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1012 Elliott Ave

Multi-Family Home for sale in Charlottesville, VA

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