1215 Walnut Street

Staunton VA 24401

2302 sq. ft.

0.18 ac.

Duplex

Last sold for $460,000

JENNY MITCHELL, last sold this property on 04 December 2025 after 57 days on market.

Overview

Turnkey Triplex Investment Opportunity in Staunton’s West End with a gross annual income of $48,600. Fully renovated and fully leased. This circa 1900s city farmhouse has been thoughtfully converted into three modern apartments while retaining its historic charm. Each unit features a brand-new kitchen with stainless steel appliances, quartz countertops, updated lighting, in-unit washer/dryer, fresh paint, and dedicated outdoor living space for each unit (porches and decks). Located in the Kinzley Court neighborhood, this property offers easy access to downtown Staunton’s shops, restaurants, and amenities, with quick access to the bypass for commuters. All renovations were just completed, and a full inspection with repair list has been finalized for peace of mind. In addition to street parking, a brand-new gravel parking lot has been installed at the rear of the property, accessed via the alley—an attractive bonus for tenants. Each unit is leased on newly signed annual leases, providing immediate rental income with minimal maintenance. All utilities are tenant paid. A rare, turnkey multi-unit property in a prime city location, perfect for investors looking for stable cash flow and modern updates with character that tenants love!

Features

2302 sq. ft. floor area

0.18 ac. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Staunton over the last 12 months, the estimated median property value of 1215 Walnut Street is $419k.

Median value

$419k

Estimated value range

$167k - $1.1m

Median days on market

Estimated value trend

52%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Staunton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.