Two-story, four-unit Multi-Family complex in the downtown Winchester area. Prime location with easy access; close to main arteries. Well-maintained and up-to-date. Stable income as each unit is leased annually but at an approximate market rate with a low-to-no vacancy rate ensuring steady cash flow. Financials are available for serious buyers. 8% CAP rate. Turn-key investment available for immediate purchase. No lock box. Listing agent must accompany.
Sold for $425,000
$425,000
378 National Ave, Winchester, VA 22601
4beds
--baths
3,032sqft
Multi Family
Built in 1910
-- sqft lot
$456,400 Zestimate®
$140/sqft
$1,716 Estimated rent
Home value
$456,400
$411,000 - $502,000
$1,716/mo
Zestimate® history
Owner options
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$1,716/mo
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$1,716/mo
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$2,574/mo
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$2,574/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Bill Nordman 540-532-0701,
Commercial Specialists
Bought with:
Bill Nordman
Commercial Specialists
Source: Bright MLS,MLS#: VAWI2006844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,032
- Total interior livable area: 3,032 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.26 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 17401R 9
- Zoning: HR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Winchester
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $199,700
- Annual tax amount: $1,857
- Date on market: 11/26/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $425,000$140/sqft |
Source:  Bright MLS #VAWI2006844 Report a problem | ||
| 12/17/2024 | Contingent | $425,000$140/sqft |
Source: Bright MLS #VAWI2006844 Report a problem | ||
| 11/26/2024 | Listed for sale | $425,000+165.6%$140/sqft |
Source: Bright MLS #VAWI2006844 Report a problem | ||
| 3/16/2015 | Sold | $160,000+19.4%$53/sqft |
Source: Public Record Report a problem | ||
| 10/9/2012 | Sold | $134,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,399 +7.5% | $301,800 +12.2% |
| 2024 | $2,233 | $269,000 |
| 2023 | $2,233 +20.2% | $269,000 +34.7% |
| 2022 | $1,857 | $199,700 |
| 2021 | $1,857 +19.9% | $199,700 +17.3% |
| 2020 | $1,549 | $170,200 |
| 2019 | $1,549 +113.1% | $170,200 +6.6% |
| 2018 | $727 +12.5% | $159,700 |
| 2017 | $646 | $159,700 +12.5% |
| 2016 | $646 | $142,000 |
| 2015 | $646 +4.5% | $142,000 +9.1% |
| 2014 | $618 | $130,200 |
| 2013 | -- | $130,200 -11.2% |
| 2012 | -- | $146,600 |
| 2011 | -- | $146,600 -22% |
| 2010 | -- | $187,900 |
| 2009 | -- | $187,900 -18.6% |
| 2008 | -- | $230,800 |
| 2007 | -- | $230,800 +71.7% |
| 2006 | -- | $134,400 |
| 2005 | -- | $134,400 +28.5% |
| 2004 | -- | $104,600 |
| 2003 | -- | $104,600 +14.7% |
| 2002 | -- | $91,200 |
| 2001 | -- | $91,200 |
Find assessor info on the county website
Neighborhood: 22601
Nearby homes
- $---- bd-- ba-- sqft378 National Ave APT 2, Winchester, VA 22601Off Market
- $308,3005 bd2 ba2.1k sqft382 National Ave, Winchester, VA 22601Off Market
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- $270,0004 bd-- ba1.7k sqft384 National Ave, Winchester, VA 22601For Sale
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- $212,7003 bd1 ba1.1k sqft315 Fairview Ave, Winchester, VA 22601Off Market
Nearby schools
GreatSchools rating
- 3/10Virginia Ave. Charlotte Dehart Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 4/10Daniel Morgan Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10John Handley High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Winchester City Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$456,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$456,400
- Virginia
- Winchester City
- Winchester
- 22601
- 378 National Ave
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