Closed

$965,000

601 Norwood St, Harrisonburg, VA 22801

1beds

1baths

5,740sqft

Condominium, Multi Family, Apartment

Built in 1981

-- sqft lot

$-- Zestimate^®

$168/sqft

$980 Estimated rent

Home value

Not available

Estimated sales range

Not available

$980/mo

Zestimate^® history

Owner options

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$980/mo

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$980/mo

Rent Zestimate^®

Refinance and save

$5,848/mo

Est. payment

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$5,848/mo

Est. payment

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What's special

Rare opportunity to purchase a 10-unit apartment building in the City of Harrisonburg. This well-maintained property has been owned and managed by the original owner since it was built in 1981. Each unit includes one bedroom, one bathroom, a kitchen, and a living area. All leases are currently month-to-month, providing flexibility and upside potential in rental income. The building offers ample onsite parking with a gravel lot dedicated to tenant use. The roof was replaced within the past 10 years, and the property has a solid rental history. Located in a central area of the city, this is an ideal investment opportunity for those seeking stable returns with room to improve.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1

Heating

Electric

Cooling

Wall Unit(s)

Interior area

Total interior livable area: 5,740 sqft

Property

Lot

Size: 0.44 Acres

Details

Parcel number: 027 S 63 64 65
Zoning description: R-3 Multiple Dwelling Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Condominium, Multi Family, Apartment
Attached to another structure: Yes

Materials

Foundation: Block

Condition

New construction: No
Year built: 1981

Details

Builder name: REXRODE

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Satellite Internet Available

Community & HOA

Community

Subdivision: NONE

HOA

Has HOA: No

Location

Region: Harrisonburg

Financial & listing details

Price per square foot: $168/sqft
Tax assessed value: $853,300
Annual tax amount: $8,618
Date on market: 7/26/2025
Cumulative days on market: 7 days

Price history

Date	Event	Price
10/10/2025	Sold	$965,000+1.6%$168/sqft
Source: CAAR #667278 Report a problem
8/13/2025	Pending sale	$950,000$166/sqft
Source: CAAR #667278 Report a problem
8/8/2025	Listed for sale	$950,000$166/sqft
Source: CAAR #667278 Report a problem
7/28/2025	Pending sale	$950,000$166/sqft
Source: CAAR #667278 Report a problem
7/26/2025	Listed for sale	$950,000$166/sqft
Source: CAAR #667278 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$853,300 +1.6%
2024	$8,484 +8.5%	$840,000 +3.1%
2023	$7,822 +9.5%	$814,800 +6.1%
2022	$7,142 +35.6%	$768,000 +31.2%
2021	$5,267	$585,200
2020	--	--
2019	$4,759 +1.9%	$553,400 +0.7%
2018	$4,671 +20.6%	$549,500 +0.1%
2017	$3,873	$549,200 -11.3%
2016	$3,873	$619,500 +15.2%
2015	$3,873	$537,900 +1.8%
2014	--	$528,200 +9.4%
2012	--	$483,000
2011	--	$483,000
2010	--	$483,000 +0.2%
2009	--	$482,000 +22.4%
2008	--	$393,800
2007	--	$393,800