MLS# 681453 – 1012 Elliott Ave, Charlottesville, VA 22902

Price: $549,000
Baths: 0
Living Area SqFt: 1,790
Status: Active
Property Type: Duplex
Lot Size Acres: 0.20
Lot Size SqFt: 8,712
Year Built: 1920
Neighborhood: Belmont
Days on Website: 0

Courtesy of Equity Saver USA

Property Description

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 = .

Open House

Property Details and Features

  • Property Access
  • Frontage Type: PublicRoad
  • Appliances & Equipment
  • Dishwasher
  • ElectricRange
  • Refrigerator
  • Building
  • Built in 1920
  • Living area: 1790.0
  • Construction Materials: WoodSiding
  • Cooling
  • WindowUnits
  • Disclosures
  • Disclaimer: The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of Bright MLS via the CAAR/Bright MLS data share.
  • SellerDisclosure
  • Floors
  • Carpet
  • Laminate
  • Foundation
  • Block
  • Stone
  • Heating
  • ForcedAir
  • Laundry
  • Stacked
  • Listing
  • Listing ID: 681453
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Duplex
  • On market as of 2026-09-02
  • Location
  • Subdivision: BELMONT
  • County/Parish: Charlottesville
  • Lot
  • 0.2 acres
  • Owner Pays
  • None
  • Roof
  • Composition
  • Shingle
  • Schools
  • Elementary School: Summit
  • Middle School: Charlottesville Middle
  • High School: Charlottesville
  • Sewer
  • PublicSewer
  • Taxes
  • Parcel Number: 600145000
  • Annual Amount: $3,900
  • Legal Description: LOT 7 & PT 8 BK 43 BELMONT
  • Year: 2026
  • Zoning description: RB Residential-business district
  • Utilities
  • CableAvailable
  • FiberOpticAvailable
  • Water Source: Public

Property Map

$549,000 – 1012 Elliott Ave, Charlottesville, VA 22902

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