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958 College Ave 6 Unit Apartment Building $970,000 ($161,667/Unit) 8.55% Cap Rate Harrisonburg, VA 22802

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Property Facts

Price	$970,000	Property Subtype	Apartment Multifamily Dormitory
Price Per Unit	$161,667	Apartment Style	Low-Rise
Sale Type	Investment	Building Class	C
Cap Rate	8.55%	Lot Size	0.34 AC
Sale Condition	1031 Exchange	Building Size	5,184 SF
Gross Rent Multiplier	10.4	No. Stories	2
No. Units	6	Year Built	1970
Property Type	Multifamily
Zoning	R2 - Multiple Resid. (Low Rise)

Price	$970,000
Price Per Unit	$161,667
Sale Type	Investment
Cap Rate	8.55%
Sale Condition	1031 Exchange
Gross Rent Multiplier	10.4
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.34 AC
Building Size	5,184 SF
No. Stories	2
Year Built	1970
Zoning	R2 - Multiple Resid. (Low Rise)

Unit Amenities

Air Conditioning
Heating

Kitchen

Oven

Tub/Shower

Site Amenities

24 Hour Access
Tenant Controlled HVAC

Online Services

Walk-Up

Smoke Detector

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
2+1	6	-	750

1 1

Fairly walkable

40/100

Very drivable

80/100

Limited public transit

20/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	048-F-9	Improvements Assessment	$480,000
Land Assessment	$132,000	Total Assessment	$612,000

Property Taxes

Parcel Number

048-F-9

Land Assessment

$132,000

Improvements Assessment

$480,000

Total Assessment

$612,000

(703) 475-4776

Contact

Seong Cho
Realty ONE Group

Listing ID: 40637329
Date on Market: 5/22/2026
Last Updated:
Address: 958 College Ave, Harrisonburg, VA 22802

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958 College Ave, Harrisonburg, VA for sale Building Photo- Image 1 of 21 — Primary Photo

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958 College Ave, Harrisonburg, VA for sale Plat Map- Image 20 of 21 — Plat Map

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958 College Ave

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