1124 Preston Ave 1122 Charlottesville, VA 22903
Property details
About 1124 Preston Ave 1122
This fully-leased investment property, located on Preston Ave, just minutes walking from the University of Virginia, presents a prime opportunity for investors. With 19 bedrooms and 16.5 bathrooms, it is well-suited for UVA students, faculty, or staff, ensuring strong demand and consistent rental income. The property features spacious common areas, large kitchens, and ample private parking with 19 parking spots. Situated in a highly desirable location, the property is within walking or biking distance of UVA's campus, making it an attractive choice for long-term renters with a consistently occupied rental history and immediate cash flow, this property offers a stable, income-generating asset in one of Charlottesville?s most sought-after neighborhoods.
Highlights
(ACTIVE)
Summary
- MLS Number: 658570
- MLS Name: CAAR
- Office Name: AVENUE REALTY, LLC
- Office Phone: (434) 326-5477
- Office Email: darian@avenuerealtygroup.com
- Listing Agent: WILL NAFEI
- Agent Phone: (434) 242-9471
- Agent Email: willnafeithenook@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,675,000
1124 Preston Ave 1122
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
8
Venable Elementary School
Public District PK-4
0.4 mi
•406 14th St NW
4
Johnson Elementary School
Public District PK-4
1.6 mi
•1645 Cherry Ave
4
Burnley-Moran Elementary School
Public District PK-4
1.7 mi
•1300 Long St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,875. Most Charlottesville, VA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
Frequently asked questions
About 1124 Preston Ave 1122
This home is located at 1124 Preston Ave 1122 in Charlottesville, VA and zip code 22903 in the Barracks / Rugby neighborhood. This 7,276 square foot home, which was built in 1935, sits on a 0.38 acre lot. Features: 19 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $1,675,000.
Over 11 listings were sold over their listed price in February 2025 in Charlottesville, VA. In the same period over 26 listings were sold below the listed price and 16 listings were sold for the listed price. The number of listings in Charlottesville, VA increased by 8.6% between January and February 2025. Listings spent 43 days on the market in February 2025, and had a median list price of $533,628 during the same period.