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2,777 sqft

$1,035,000

207 DOUGLAS AVE, Charlottesville VA, 22902

Price per sqft$372.70
Built in1945
Property size2,777 sqft
Property typeResidential

Overview

Pending

Listed Mar 31, 2026

Updated Aug 25

Great investment property on a quiet tree lined street in the heart of Belmont. Property sits on a .20 acre flat landscaped lot, 3 off street parking spots, just a few minutes walk to 9 popular Belmont Restaurants. A quick 10 minute walk to the DT mall, IX park, Farmer's Market, Belmont Park. Well maintained property consists of a large house with 3 apartments, PLUS a CUSTOM built cottage tucked on the back of the lot. Rentals all offer great privacy for tenants each one has their own entrance and porche. All rentals have their own washer dryer, no units share mechanicals/systems all have separate electric meters. One water/sewer meter, New Roof 2026. Property is zoned R-B with the city, according to city this property can have up to 6 units By-Right. New owner could live in the cottage and have 3 income producing units right away. 2 of 3 units in large house and Cottage rent as furnished rentals, other unit in large house is unfurnished. New owner can continue with furnished or turn them all into 12 month standard leases once existing leases terminate. These are NOT Airbnbs, tenants for furnished are travel nurses, UVA professors or working professionals. Three off street parking spots, Excellent rental history, never vacant.

$6,886/mo

Est. mortgage payment based on a $1,035,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$7,733
Tax Frequency
Annually
MLS provider logo

Courtesy of JANICE K KAVANAGH with NEST REALTY GROUP
Listing Contact: 434-760-0739 

Based on information from Charlottesville Area Association of REALTORS® as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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