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143 N Elkin Ave, 
Waynesboro, VA 22980

$675,000


Bed


Bath


2,592

Sq Ft


Multi-Family

Active

Listed by

Jenny Mitchell

eXp Realty LLC.

866-825-7169

Last updated:

January 16, 2026, 04:13 PM

MLS#

672218

Source:

VA HRAR

About This Home

143 N Elkin Ave

Turnkey, fully renovated 4-unit apartment building offering immediate, stabilized income. The property underwent an extensive, top-to-bottom renovation in 2023. All new systems and finishes, including plumbing, electrical, roof, gutters and downspouts, windows, kitchens, baths, lighting, paint, and refinished original wood floors and more. The building is fully rented with annual leases, generating $5,250/month in gross income ($63,000 annually). Tenants pay all utilities, keeping operating expenses streamlined. Each unit includes baseboard heat, window A/C, and in-unit washer/dryer. Additional features include off-street parking for all tenants and a location directly across from the Virginia Metalcrafters Marketplace, a growing mixed-use destination home to Happ Coffee, Commonwealth Crush, Basic City Brewing, and the Foundry. This proximity to popular food, beverage, and gathering spots adds everyday convenience for tenants and supports long-term rental demand. Easy 25 min commute to Charlottesville. This is a true buy-and-hold opportunity for investors seeking low-maintenance ownership, predictable cash flow, and no need for immediate major repairs or system replacements.

Home Facts

Multi-Family

Built in 1947

Price Summary

675,000

$260 per Sq. Ft.

MLS #:

672218

Last Updated:

January 16, 2026, 04:13 PM

Added:

11 day(s) ago


Rooms & Interior

Interior

Living Area:

2,592 Sq. Ft.


Structure

Structure

Building Area:

2,592 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

13,068


Finances & Disclosures

Finances

Price:

$675,000

Price per Sq. Ft:

$260 per Sq. Ft.

Source:VA HRAR
The information being provided by Harrisonburg Rockingham Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Harrisonburg Rockingham Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.