Residential

1012 Elliott Ave, Charlottesville VA 22902

  • $549,000
  • MLS #:681453

Neighborhood: Belmont
Square Ft Finished: 1,790
Square Ft Unfinished: 0
Elementary School: Summit
Middle School: Charlottesville Middle
High School: Charlottesville

Property Type: residential
Subcategory: Duplex
HOA: No
Area: Charlottesville
Year Built: 1920
Price per Sq. Ft: $306.70
HOA fee: $0
Roof: Composition, Shingle
Garage Num Cars: 0.0
Cooling: WindowUnits
Air Conditioning: WindowUnits
Heating: ForcedAir
Water: Public
Sewer: PublicSewer
Features: Carpet, Laminate
Appliances: Dishwasher, ElectricRange, Refrigerator
Laundry: Stacked
Kickout: No
Annual Taxes: $3,900
Tax Year: 2026
Legal: LOT 7 & PT 8 BK 43 BELMONT
Directions: From downtown: Monticello South to right on Elliott. Home on Right.
Investor opportunity in desirable Belmont! This well-positioned duplex offers immediate rental income, an oversized R-B zoned lot, and a highly desirable over-under layout. Property capable of generating a combined $3,700/month ($44,440 annually) in gross rental income. Unit A generates $1,950/month and features 3 bedrooms, a large kitchen, living room, newly renovated full bath, and laundry. Unit B generates $1,750/month and offers 2 bedrooms, 1 full bath, living room, large kitchen, and laundry. The oversized lot, rear alley access, large backyard, and rear deck add to the property's appeal and provide potential long-term upside. With two separately configured units, established rental income, and a desirable Belmont location, this property is an excellent addition to an investment portfolio or opportunity for an owner-occupant seeking rental income to help offset expenses. Rent to price ratio = .

Days on Market: 0
Updated: 9/02/26
Courtesy of: Old Dominion Realty & Investment Llc

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Directions:
From downtown: Monticello South to right on Elliott. Home on Right.
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Listing Office: Old Dominion Realty & Investment Llc