Pending

$429,000

613 Alpha St, Waynesboro, VA 22980

8beds

4baths

3,400sqft

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Quadruplex, Multi Family, Multi Family

Built in 1935

-- sqft lot

$424,700 Zestimate^®

$126/sqft

$-- HOA

What's special

Functional layouts

Exceptional multifamily investment opportunity in the heart of Waynesboro! This solid brick 4-unit property offers the perfect blend of stable cash flow, low-maintenance ownership, and future upside potential. Whether you’re a seasoned investor looking to expand your portfolio or entering the multifamily market, this asset checks all the boxes. Each of the four units features 2 bedrooms, 1 full bath, functional layouts, and in-unit washer/dryer hookups. The property is currently fully occupied with established tenants in place, providing immediate income from day one while still offering room for future rental growth and increased returns.

34 days

466

41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Baseboard

Cooling

Window Unit(s)

Interior area

Total interior livable area: 3,400 sqft

Property

Lot

Size: 0.36 Acres

Details

Parcel number: 35755
Zoning description: RG-5 General Residential

Construction

Type & style

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

Materials

Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: NONE

HOA

Has HOA: No

Location

Region: Waynesboro

Financial & listing details

Price per square foot: $126/sqft
Tax assessed value: $338,800
Annual tax amount: $2,778
Date on market: 5/26/2026
Cumulative days on market: 35 days

Estimated market value

$424,700

$403,000 - $446,000

$1,097/mo

Price history

Date	Event	Price
6/10/2026	Pending sale	$429,000$126/sqft
Source: CAAR #677619 Report a problem
5/27/2026	Listed for sale	$429,000+215.4%$126/sqft
Source: CAAR #677619 Report a problem
8/24/2018	Sold	$136,000$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,609 +15.3%	$338,800 +15.3%
2024	$2,262	$293,800
2023	$2,262 +52.8%	$293,800 +78.6%
2022	$1,481	$164,500
2021	$1,481 +15.4%	$164,500 +15.4%
2020	$1,283 +17.6%	$142,600 +17.6%
2018	$1,092 +3.4%	$121,300
2017	$1,055 -0.1%	$121,300 -8.1%
2016	$1,056	$132,000
2015	$1,056	$132,000
2014	--	$132,000
2013	--	--
2012	--	--
2010	--	--

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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