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Back 143 Elkin Avenue
Off Market

143 Elkin Avenue

Waynesboro VA 22980

2592 sq. ft.
0.3 ac.
Apartment
Last sold for $675,000
JENNY MITCHELLJENNY MITCHELL, last sold this property on 27 February 2026 after 51 days on market.

Overview

Turnkey, fully renovated 4-unit apartment building offering immediate, stabilized income. The property underwent an extensive, top-to-bottom renovation in 2023. All new systems and finishes, including plumbing, electrical, roof, gutters and downspouts, windows, kitchens, baths, lighting, paint, and refinished original wood floors and more. The building is fully rented with annual leases, generating $5,250/month in gross income ($63,000 annually). Tenants pay all utilities, keeping operating expenses streamlined. Each unit includes baseboard heat, window A/C, and in-unit washer/dryer. Additional features include off-street parking for all tenants and a location directly across from the Virginia Metalcrafters Marketplace, a growing mixed-use destination home to Happ Coffee, Commonwealth Crush, Basic City Brewing, and the Foundry. This proximity to popular food, beverage, and gathering spots adds everyday convenience for tenants and supports long-term rental demand. Easy 25 min commute to Charlottesville. This is a true buy-and-hold opportunity for investors seeking low-maintenance ownership, predictable cash flow, and no need for immediate major repairs or system replacements.

Features

2592 sq. ft. floor area
0.3 ac. lot size
Apartment

Estimated Value

We need at least 3 similar apartments sold in Waynesboro over the last 12 months.

Property history for 143 Elkin Avenue

2026
Sold
$675,000
27 Feb 2026 by JENNY MITCHELL, of EXP REALTY LLC

Happy sellers in Waynesboro

94%
94% of sellers in Waynesboro reported that their sale price either exceeded or met their price expectations.

Waynesboro stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Waynesboro over the last 12 months.

Local market activity for apartments in Waynesboro

In the last 12 months, 1 apartment similar to 143 Elkin Avenue, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Waynesboro

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Briane Humphreys

Briane Humphreys is a recommended agent for Waynesboro.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Waynesboro
  •  3 Sales in Waynesboro
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Richard Clark

Richard Clark is a recommended agent for Waynesboro.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (8 reviews)
  •  1 Review in Waynesboro
  •  3 Sales in Waynesboro
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Megan Morris

Sellers who recommend Megan Morris have praised them for being clear communication

  •   5   (32 reviews)
  •  1 Review in Waynesboro
  •  2 Sales in Waynesboro
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KAREN KEHOE

KAREN KEHOE is a recommended agent for Waynesboro.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.8   (4 reviews)
  •  1 Review in Waynesboro
  •  1 Sale in Waynesboro
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