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501 4Th St Waynesboro, VA $ 250,000
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501 4Th St
$ 250,000
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501 4Th St

Waynesboro, VA, 22980
$ 250,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,727

501 4Th St, Waynesboro, VA 22980 - Image 1
501 4Th St, Waynesboro, VA 22980 - Image 2
501 4Th St, Waynesboro, VA 22980 - Image 3
501 4Th St, Waynesboro, VA 22980 - Image 4
501 4Th St, Waynesboro, VA 22980 - Image 5
501 4Th St, Waynesboro, VA 22980 - Image 6
501 4Th St, Waynesboro, VA 22980 - Image 7

Multi-Family Home for sale in Waynesboro, VA

for $250,000. This home was built in 1920 on a lot size of 0.28.

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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Multi-Family Active

Price

$ 250,000

Property Type

Multi-Family

Taxes

$ 2,081

Style

Lot Size

0.28

Year Built

1920

Town/City

Waynesboro

County/Region

Waynesboro City

MLS | Web ID

683766
Features
Interior
Heating Fuel Natural Gas
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Roof Metal
Zoning RG-5
Architectural Style Other
Construction Materials Masonite
School District WAYNESBORO CITY PUBLIC SCHOOLS
Year Built 1920
Tenant Pays Electricity Gas
Property Subtype Other
Tax Year 2026
Ownership Other
Gross Income 20700.00
Accessibility None
County WAYNESBORO CITY
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Status ACTIVE
Directions From I-64 take Exit 94 (US-340) and turn toward Waynesboro. Drive 3 miles and turn left onto 2nd Street. Then left onto N.Augusta Ave. The building is at the corner of Augusta Ave and 4th Street.
City WAYNESBORO
Disclosures Prop Disclosure Lead Based Paint - State
Number Of Units Total 4
Tax Annual Amount 2081.04
Structure Type Unit/Flat/Apartment
Price Per Sq Ft Total AG 92.59
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Bcmm&L
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Exterior
Water Source Public
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.28
Road Responsibility Public
Water Oriented Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Real Broker Llc

Broker

snow.monica.m@gmail.com

Email

Affordability Calculator

$1,900
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4060467 Elementary School
4305984 Middle School
Waynesboro High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2026$250,000 Listed Price

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501 4Th St, Waynesboro, VA, 22980 is a Multi-Family Home for sale at $250,000 with a lot size of 0.28. 501 4Th St has 0.0 baths and was built in 1920. The property's zip code is 22980 which is in Waynesboro, VA

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