Price: $898,000
Baths: 0
Status: Active
Property Type: Detached
Lot Size Acres: 0.42
Lot Size SqFt: 18,295
Year Built: 1925
Neighborhood: None
Days on Website: 15

Courtesy of NEST REALTY GROUP

Property Description

Situated on a RARE nearly 1/2 acre lot, this brick two-unit income property on the Fontaine Avenue corridor has been consistently rented for just over 20 years. Within walking and biking distance of UVA Grounds, Scott Stadium, the UVA Medical Center, and Fontaine Research Park. The property is comprised of a 2,400 sqft 4 BR/2.5 BA main home with hardwood floors throughout and a wood-burning fireplace, as well as a self-contained 2BR/1BA apartment with its own living room and kitchen — each unit separately metered. Units share laundry and can be combined into a single-family residence if preferred. Connected by a covered breezeway is the one-car garage with a bonus room and full bath above. Offstreet parking for 6+ vehicles. The property carries CX-5 (Corridor Mixed Use 5) zoning, designed to encourage higher-intensity, pedestrian-friendly development along key urban corridors. CX-5 permits unlimited residential density, mixed residential and commercial uses, and building heights up to five stories by right — with no minimum lot size and no off-street parking requirements. Turnkey rental now and a fantastic opportunity for an investor with a longer horizon as the lot size and zoning create meaningful options.

Open House

Property Details and Features

  • Property Access
  • Road frontage type: PublicRoad
  • Appliances & Equipment
  • Dishwasher
  • GasRange
  • Refrigerator
  • Basement
  • ExteriorEntry
  • Partial
  • Building
  • Architectural style: DutchColonial
  • Construction materials: Brick
  • Living area: 2,300
  • Built in 1925
  • Cooling
  • CentralAir
  • HeatPump
  • Floors
  • Hardwood
  • Heating
  • Electric
  • Laundry
  • WasherHookup
  • DryerHookup
  • Listing
  • 14 days on market
  • Lease amount: $3,750
  • ListingID: 675879
  • Standard status: Active
  • Location
  • Subdivision name: NONE
  • Lot
  • 0.42 acres
  • Property
  • Patio
  • Roof
  • Architectural
  • Schools
  • Elementary school: Trailblazer
  • High school: Charlottesville
  • Middle or junior school: Charlottesville Middle
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $6,393
  • Tax year: 2025
  • Utilities
  • CableAvailable
  • FiberOpticAvailable
  • HighSpeedInternetAvailable

Property Map

$898,000 – 2401 Fontaine Ave, Charlottesville, VA 22903

Street View

Nearby Schools

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