About 316 North High St
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.
Features of 316 North High St
| MLS® # | 676528 |
|---|---|
| Price | $498,900 |
| Bedrooms | 6 |
| Bathrooms | 2.50 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,384 |
| Acres | 0.17 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Detached |
| Status | Active |
Community Information
| Address | 316 North High St |
|---|---|
| Subdivision | NONE |
| City | Harrisonburg |
| County | Harrisonburg |
| State | VA |
| Zip Code | 22802 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
| Has Basement | Yes |
| Basement | Interior Entry, Unfinished |
Exterior
| Construction | Stick Built |
|---|---|
| Foundation | Stone |
School Information
| Elementary | Waterman |
|---|---|
| Middle | Thomas Harrison |
| High | Harrisonburg |
Additional Information
| Date Listed | April 29th, 2026 |
|---|---|
| Days on Market | 15 |
| Zoning | R-2 Residential |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Funkhouser Real Estate Group |
|---|