$555,000

728 Foley Rd Harrisonburg, VA 22801

$6,591
Closing credit¹
2,484 sqft
0.5 acres
$223 / sqft
Multi-Family

Property details

About 728 Foley Rd

Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!

Highlights

Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size2,484 sqft
BasementYes
Lot size0.53 Acres
Year built1970
MLS #661105

Summary

  • MLS Number: 661105
  • MLS Name: CharlottesvilleVA
  • Office Name: Old Dominion Realty Inc
  • Office Phone: (850) 668-3333
  • Office Email: 1jude2425@gmail.com
  • Listing Agent: Colton Mitchell

Broker Reciprocity The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. 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: 3/14/2025, 7:15:59 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

caption unavailable

$555,000

728 Foley Rd

$6,591

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 17, 2019
Home Sold
$280,000

Tax history

YearAssessmentProperty Tax
2023$371,200$3,563
2022$331,600$3,083
2021$294,000$2,646
2019$284,700$2,496
2018$277,800$2,409
2017$270,100$1,875

History based on county public records data.

Nearby schools

2

Stone Spring Elementary School

Public District KG-5

1.1 mi

1575 Peach Grove Ave

4

Spotswood Elementary School

Public District KG-5

1.5 mi

400 Mountain View Dr

3

Smithland Elementary School

Public District KG-5

1.7 mi

474 Linda Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,297. Typical income of Harrisonburg, VA residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

45%
<35k
40%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

66%
Single, No Kids
7%
Single, with Kids
16%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
59%
18-34 yrs old
21%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

This home is located at 728 Foley Rd in Harrisonburg, VA and zip code 22801. This 2,484 square foot home, which was built in 1970, sits on a 0.53 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $555,000.

In February 2025 more than 8 listings in Harrisonburg, VA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 11 were sold below. In February 2025 in Harrisonburg, VA there were 6.1% less homes for sale than in January. In February 2025 median list price was $350,000 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

More resources