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2,604 sqft

$399,900

217 W 28TH ST, Buena Vista VA, 24416

Price per sqft$153.57
Built in1962
Property size2,604 sqft
Property typeMulti-family

Overview

Active

Listed May 8, 2026

Updated 4 weeks ago

BACK ON THE MARKET – MULTIFAMILY INVESTMENT OPPORTUNITY DIRECTLY ACROSS FROM SOUTHERN VIRGINIA UNIVERSITY! Take advantage of this unique opportunity to own a fully occupied, income-producing multifamily property in the heart of Buena Vista. Located directly across from Southern Virginia University, 217 W 28th Street offers an exceptional location for investors seeking established rental income and long-term investment potential. The property underwent extensive renovations in 2020, including updates to major building systems, and features four furnished rental units, on-site laundry, and approximately 2,604 finished square feet. All four units are currently rented, providing an incoming owner with established rental income from day one. The property's proximity to Southern Virginia University, downtown Buena Vista, and area amenities further enhances its appeal as a rental investment. Whether you're looking to expand an existing rental portfolio or acquire your first multifamily investment, 217 W 28th Street offers a compelling combination of location, improvements, and existing tenancy. Current rent roll, lease information, and additional investment documentation are available upon request. Schedule your private showing today.

$2,661/mo

Est. mortgage payment based on a $399,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,759
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Courtesy of WESLEY SPARKS with EXP REALTY LLC
Listing Contact: 540-836-5179 

Based on information from Charlottesville Area Association of REALTORS® as of 8/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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