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501 4th St, 
Waynesboro, VA 22980

$250,000

—

Bed

—

Bath

2,700

Sq Ft

Single Family

Active

Listed by

Monica Snow

Real Broker LLC.

855-450-0442

Last updated:

November 6, 2026, 12:05 PM

MLS#

683766

Source:

CHARLOTTESVILLE

About This Home

501 4th St

Four-unit investment opportunity in Waynesboro, priced below tax assessment with plenty of room to add value. The adjacent buildable lot is included in the sale (see MLS #683765). This two-story building on a corner lot offers two 2-bedroom and two 1-bedroom units, each with separate electric and gas meters. The property backs up to an alley. It needs renovation and is being sold as-is, making it a good fit for an investor or anyone ready to take on a project. Current rental income is $20,700 a year, well below what renovated units in the area bring in, so there’s real upside with updates. All tenants are month-to-month, giving a new owner flexibility to renovate and reposition. Close to downtown Waynesboro with easy access to I-64.

Home Facts

Single Family

Built in 1920

Subdivision & Development:

BCMM & LC

Price Summary

250,000

$92 per Sq. Ft.

MLS #:

683766

Last Updated:

November 6, 2026, 12:05 PM

Added:

8 day(s) ago

Structure

Structure

Building Area:

2,700 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

12,196

Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$92 per Sq. Ft.

Source:CHARLOTTESVILLE
“Based on information submitted to the MLS GRID as of November 6, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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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.