Excellent Investment Opportunity in Harrisonburg! Discover a rare chance to own a 14-unit apartment building ideally located in the heart ofHarrisonburg—just minutes from JMU, the Valley Mall, shopping, restaurants, and downtown attractions. This solid brick building sits on a quiet dead-end street andoffers consistent rental appeal in a high-demand area. Each of the 14 units features:1 bedroom, 1 bathroom, 477 sq. ft. of efficient living space. Upstairs and downstairslayouts for added privacy and convenience. With all units fully occupied potential and strong rental demand nearby, this property is poised to deliver excellent cash flowand long-term investment stability. Don’t miss out on this exceptional opportunity!
Prime location and excellent investment opportunity! This 2-bedroom, 2-bath condo is within walking distance to James Madison University and close to all that Harrisonburg has to offer. This layout features a bright living area with sliding doors to a patio and a functional kitchen with wood cabinets and plenty of counter space. Each bedroom includes its own private bath, making the floor plan ideal for roommates, students, or guests. The community offers abundant parking and unbeatable convenience with restaurants, shopping, and a new Starbucks just across the street. Currently leased for $1,750 per month, this property provides immediate rental income and strong investment potential. Whether you’re seeking an affordable first home, student housing, or an addition to your portfolio, this condo checks every box. Fully rented through 8/2026.
Investor Special – 5-Unit Multifamily Near JMU and downtown Harrisonburg! Excellent opportunity to own a fully leased, income-producing 5-unit apartment building just minutes from James Madison University in Harrisonburg, VA. This turn-key property features a smart mix of units: (2) One-Bedroom Units (2) Two-Bedroom Units (1) Three-Bedroom Unit With rents currently below market, there's significant upside potential for increased cash flow through rent adjustments or future updates. The location is ideal for attracting students, and professionals, making this a solid asset for both seasoned investors and first-time buyers looking to start or grow their real estate portfolio. Sold As-Is, this property requires minimal effort to maintain and offers strong, steady returns with room to boost NOI. Don’t miss your chance to secure a value-add investment in one of Harrisonburg’s most desirable rental corridors!
Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
Harrisonburg is located in Virginia. Harrisonburg, Virginia has a population of 52,062. Harrisonburg is less family-centric than the surrounding county with 33.18% of the households containing married families with children. The county average for households married with children is 33.18%.
The median household income in Harrisonburg, Virginia is $51,055. The median household income for the surrounding county is $51,055 compared to the national median of $69,021. The median age of people living in Harrisonburg is 25.5 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 40.3 inches per year, with 24 inches of snow per year.
