$5,166 Closing Credit¹
#662505, GARY PALMER, Listing Office: TOWN REALTY
$1,259,000 List price
207 Douglas Ave Charlottesville, VA 22902
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 207 Douglas Ave
LOCATION, LOCATION LOCATION and a Fantastic investment opportunity in Belmont. Property offers 3 units in the large house PLUS a one bedroom separate cottage built 2015. Cottage and 2 of the 3 units in the main house are fully furnished, convey furnished with leases in place into fall 2025. Largest unit in the main house is a 12 month, unfurnished 2 bed/1bath unit, central HVAC. Each Furnished unit has a designated off street parking spot. Live in one unit and have 3 investments rentals for yourself. OR convert main house to a single family and have the cottage for a rental, OR keep as is and have 4 highly desirable and rentable units with great rental history. City's new higher density zoning allows for up to 6 units on this lot, by-right. Property is well maintained, will convey with leases in place into fall 2025. Square footage on the floor plans shows 2777 and that includes the 650sqft separate cottage. Property is in very good condition, all repairs/renovations were done by licensed professionals. Furnished rentals have quality furnishings, kitchenwares, each unit has their own stack Washer/Dryer. Super investment property in a highly desirable neighborhood.,Formica Counter,White Cabinets
Highlights
Home typeTriplex
HeatingBaseboard, Forced Air, Heat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Heat Pump, Window Unit(s)
Lot size0.2 Acres
Year built1900
MLS #661905
Summary
- MLS Number: 661905
- MLS Name: CAAR
- Office Name: NEST REALTY GROUP
- Office Phone: (434) 566-0121
- Office Email: keith@nestrealty.com
- Listing Agent: JANICE K KAVANAGH
- Agent Phone: (434) 760-0739
- Agent Email: janice@nestrealty.com
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Last updated on: 4/19/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,259,000
207 Douglas Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $711,600 | $6,818 |
| 2023 | $670,100 | $6,548 |
| 2022 | $627,300 | $5,291 |
| 2021 | $544,900 | $5,291 |
| 2020 | $544,900 | $5,291 |
| 2019 | $544,900 | $5,291 |
| 2018 | $570,300 | $5,533 |
| 2017 | $554,400 | $5,382 |
History based on county public records data.
Nearby schools
2
Clark Elementary School
Public District PK-4
0.3 mi
•1000 Belmont Ave
4
Burnley-Moran Elementary School
Public District PK-4
0.9 mi
•1300 Long St
8
Venable Elementary School
Public District PK-4
1.5 mi
•406 14th St NW
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 $56,173. The most common annual income of people living in Charlottesville, VA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
41%
<35k
38%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
7%
Single, with Kids
15%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
35%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Hiking/backpacking
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Qdoba
Chipotle
Dominos Pizza
What do the neighbors drive?
Volkswagen
Mazda
Audi
What do the neighbors listen to?
Urban Contemporary
Rock
Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 207 Douglas Ave in Charlottesville, VA and zip code 22902 in the Belmont neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,259,000.
In March 2025, from all listings sold in Charlottesville, VA there were more than 41 sold above asking price, over 22 sold below and more than 18 were sold right at the asked price. Between February and March 2025, Charlottesville, VA real estate market has seen increase in the number of listings by 39.9%. Listings spent 25 days on the market in March 2025, and had a median list price of $530,475 during the same period.
From Rocket Homes Real Estate and based on county public records data.