316 North High St, Harrisonburg VA 22802

$498,900
MLS #:676528

6beds
2baths
1half-baths
2,384sq ft
0.17acres

Neighborhood: None

Square Ft Finished: 2,384

Square Ft Unfinished: 0

Elementary School: Waterman

Middle School: Thomas Harrison

High School: Harrisonburg

Property Type: residential

Subcategory: Detached

HOA: No

Area: Harrisonburg

Year Built: 1920

Price per Sq. Ft: $209.27

HOA fee: $0

Garage Num Cars: 0.0

Cooling: None

Air Conditioning: None

Heating: ForcedAir, NaturalGas

Water: Public

Sewer: PublicSewer

Basement: InteriorEntry, Unfinished

Kickout: No

Annual Taxes: $3,857

Tax Year: 2025

Legal: QUADRANT 2 ES N HIGH ST, Parcel 035-K-11

Directions: From JMU Quad, Grace Street to Right on High Street and proceed 0.8 miles to property.

Located less than one mile from James Madison University in downtown Harrisonburg, this investment property features six bedrooms and two and a half bathrooms and is fully leased through June 2027, offering immediate, stable cash flow. Gross monthly income is $4,770 for the upcoming lease term. Rear alley access provides convenient off-street parking, a valuable amenity in this location. The property has seen numerous capital improvements, including a new boiler, replacement of all visible knob-and-tube wiring. Additional updates include new kitchen and laundry flooring, thermostat replacement, and a new washer (March 2024). With strong income, key system upgrades, and a prime location, this is a good investment opportunity. A zoning verification letter is available upon request.

Days on Market: 1

Updated: 4/30/26

Courtesy of: Funkhouser Real Estate Group

New Listing

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Directions:

From JMU Quad, Grace Street to Right on High Street and proceed 0.8 miles to property.
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Listing Office: Funkhouser Real Estate Group