This exceptional multifamily property presents an ideal investment opportunity, strategically located in close proximity to downtown Harrisonburg, and I-81 access. Boasting a duplex configuration, this property offers both comfort and potential income generation. Each side of the duplex has spacious layout featuring 5 bedrooms and 2 bathrooms, providing ample room for occupants.The inclusion of a washer and dryer in each unit adds to the convenience and desirability of this property. For investors seeking a property with low maintenance concerns, this duplex offers the assurance of recent updates. Fresh paint and newly replaced carpeting provide a fresh and inviting atmosphere, enhancing the property's aesthetic appeal. Moreover, the full unit roof replacement within the last two years and the HVAC replacement in unit B during 2022 underline the commitment to ensuring the property's structural integrity and energy efficiency. Plus there is no HOA!
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$525,000
582 Norwood St, Harrisonburg, VA 22801
10beds
4baths
3,200sqft
Duplex, Multi Family, Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$164/sqft
$1,337 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,337/mo
Zestimate® history
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$3,190/mo
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Zillow last checked:
Listing updated:
Listed by:
Nico Iglesias 540-416-1662,
Rocktown Realty
Bought with:
Brad Cohen, 0225217866
Connexa Real Estate
Source: CAAR,MLS#: 644916
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dryer, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 3,200 sqft
Property
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 51660027 S 38A
- Zoning description: R-3 Multifamily Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Fiber Optic Available, Satellite Internet Available
Community & HOA
Community
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Harrisonburg
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $506,900
- Annual tax amount: $3,231
- Date on market: 8/18/2023
- Cumulative days on market: 41 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2023 | Sold | $525,000-6.1%$164/sqft |
Source:  CAAR #644916 Report a problem | ||
| 9/29/2023 | Pending sale | $559,000$175/sqft |
Source: CAAR #644916 Report a problem | ||
| 8/18/2023 | Listed for sale | $559,000$175/sqft |
Source: CAAR #644916 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $506,900 +17.3% |
| 2024 | $4,363 +5.2% | $432,000 |
| 2023 | $4,147 +16.1% | $432,000 +12.5% |
| 2022 | $3,571 +10.5% | $384,000 +6.9% |
| 2021 | $3,232 | $359,100 |
| 2020 | -- | -- |
| 2019 | $2,907 | $338,000 |
| 2018 | -- | $338,000 |
| 2017 | $2,434 | $338,000 |
| 2016 | $2,434 | $338,000 |
| 2015 | $2,434 | $338,000 |
| 2014 | -- | $338,000 +30.4% |
| 2012 | -- | $259,200 |
| 2011 | -- | $259,200 +17.2% |
| 2010 | -- | $221,200 |
| 2009 | -- | $221,200 +6.6% |
| 2008 | -- | $207,500 |
| 2007 | -- | $207,500 |
Find assessor info on the county website
Neighborhood: Reservoir
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Nearby schools
GreatSchools rating
- 3/10Spotswood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Skyline Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Harrisonburg High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Spotswood (Harrisonburg)
- Middle: Thomas Harrison
- High: Harrisonburg
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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- Virginia
- Harrisonburg City
- Harrisonburg
- 22801
- Reservoir
- 582 Norwood St
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