Unparalleled investment opportunity! This centrally-located multi-unit property features 3 separate rentable apartments, each complete with a full kitchen, washer/dryer, and separate entrance. The left/front apartment and the back/right apartment are both vacant. The right/front apartment is tenant occupied. Active lease conveys in home sale. Lease concludes May 31, 2025. Rent is: $1,700/month. Owner pays for water/sewer, yard care, internet, and electricity. Tenants pay for trash pickup. Driveway parking available on property. Units are not separately metered.
Closed
$470,000
1214 Smith St, Charlottesville, VA 22901
5beds
3baths
3,400sqft
Triplex, Multi Family, Multi Family
Built in 1974
-- sqft lot
$487,100 Zestimate®
$138/sqft
$2,934 Estimated rent
Home value
$487,100
$414,000 - $575,000
$2,934/mo
Zestimate® history
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$2,934/mo
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$2,795/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
SASHA TRIPP 434-260-1435,
STORY HOUSE REAL ESTATE
Bought with:
TIM CARSON, 0225198839
REAL ESTATE III, INC.
Source: CAAR,MLS#: 661705
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Washer
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Flooring: Laminate, Luxury Vinyl Plank
- Basement: Full,Interior Entry,Partially Finished,Walk-Out Access
Interior area
- Total interior livable area: 3,400 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Fence
- Fencing: Partial
- Has view: Yes
- View description: Garden, Residential, Trees/Woods
Lot
- Size: 0.26 Acres
- Features: Open Lot
Details
- Parcel number: 490138000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Other
Community & neighborhood
Security
- Security features: Surveillance System
Location
- Region: Charlottesville
- Subdivision: LOCUST GROVE
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $470,000-1.1%$138/sqft |
Source:  CAAR #661705 Report a problem | ||
| 4/4/2025 | Pending sale | $475,000$140/sqft |
Source: CAAR #661705 Report a problem | ||
| 3/13/2025 | Listed for sale | $475,000+171.4%$140/sqft |
Source: CAAR #661705 Report a problem | ||
| 5/6/2003 | Sold | $175,000+400%$51/sqft |
Source: Agent Provided Report a problem | ||
| 6/1/1989 | Sold | $35,000$10/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,921 +9.6% | $496,300 +9.7% |
| 2024 | $4,492 +5.7% | $452,500 +3.6% |
| 2023 | $4,252 +103.9% | $436,900 +0.6% |
| 2022 | $2,085 -41.7% | $434,400 +15.4% |
| 2021 | $3,575 | $376,300 +3.6% |
| 2020 | -- | $363,300 +4.2% |
| 2019 | $3,314 +14.8% | $348,800 +17.1% |
| 2018 | $2,887 | $297,800 +15.1% |
| 2017 | -- | $258,700 +4.7% |
| 2016 | $2,347 | $247,100 |
| 2015 | $2,347 | $247,100 |
| 2014 | $2,347 | $247,100 |
| 2013 | $2,347 | $247,100 |
| 2012 | $2,347 | -- |
| 2011 | $2,347 | -- |
| 2010 | -- | -- |
| 2009 | $2,502 | -- |
| 2008 | -- | $263,400 +18.8% |
| 2007 | -- | $221,700 +2.2% |
| 2006 | -- | $217,000 +23.9% |
| 2005 | -- | $175,200 +11.9% |
| 2004 | -- | $156,600 |
Find assessor info on the county website
Neighborhood: Locust Grove
Nearby schools
GreatSchools rating
- 8/10Burnley-Moran Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 2.3 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Burnley-Moran
- Middle: Walker & Buford
- High: Charlottesville
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$487,100
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$496,842
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