#666173, Ronald Flores, Listing office: Funkhouser Real Estate Group
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
Summary
- Appliances: Electric Range, Refrigerator, Dryer, Washer
- Basement: Yes
- Flooring Type: Parquet, Vinyl, Wood
- Attached Garage: No
- Exterior: Porch/Covered, Porch Front, Patio, Porch
- Architectural Style: SplitLevel
- Heating: Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $540,000
- Price/SqFt: $217
- Annual Tax Amount: $3,563
- Tax Year: 2023
- Lot: Open Lot
- Directions: From Reservoir turn on Foley Road, house is on the left.
- Year Built: 1970
- Living Area: 2,484 SqFt
- Lot Size: 0.53 Acres
- MLS Number: 661105
- MLS Name: CharlottesvilleVA
- Office Name: Old Dominion Realty Inc
- Office Phone: (540) 433-2454
- Office Email: mail@odrva.com
- Listing Agent: Colton Mitchell
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 6:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 17, 2019 | Home Sold | $280,000 |
Tax history
Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $42,297. Residents of Harrisonburg, VA typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 728 Foley Rd
The listing price of 728 Foley Rd property is $540,000.
The property 728 Foley Rd is a house located in Harrisonburg, Virginia, 22801.
Active Listing: 728 Foley Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 728 Foley Rd are: Stone Spring Elementary School (GreatSchools Rating 2/10), Spotswood Elementary School (GreatSchools Rating 4/10), Smithland Elementary School (GreatSchools Rating 3/10), Skyline Middle School (GreatSchools Rating 2/10), Thomas Harrison Middle School (GreatSchools Rating 3/10), Wilbur S. Pence Middle School (GreatSchools Rating 4/10), Harrisonburg High School (GreatSchools Rating 4/10), Turner Ashby High School (GreatSchools Rating 6/10), Spotswood High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $3,563 (source: MLS/based on county public records data).
The last sale was on December 17, 2019 for $280,000 (source: MLS/tax record).
The property at 728 Foley Rd has 0 bathroom.
The property 728 Foley Rd is 2,484 SqFt (source: MLS/tax record).
The year of construction for 728 Foley Rd is 1970.
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 $540,000.
Over 22 listings were sold over their listed price in June 2025 in Harrisonburg, VA. In the same period over 14 listings were sold below the listed price and 9 listings were sold for the listed price. Between May and June 2025, Harrisonburg, VA real estate market has seen decrease in the number of listings by 0.7%. While the average time on the market in June 2025 was 17 days, the median list price was $349,000.