$898,000

2401 FONTAINE AVE, Charlottesville, VA 22903

2,300 sqft

Single-Family Home
Built in 1925
0.42acre lot
—— car garage
$390/sqft
Listed 21 days ago

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.

Listing Status:: Active
Date Added:: April 15, 2026
Data Last Updated:: May 6, 2026 at 7:18AM
Listing Office:: NEST REALTY GROUP : 434-566-0121
Listing Agent:: GRIER MURPHY : 434-466-5850
MLS ID:: 675879

Appliances: DishwasherGas RangeRefrigerator
Laundry: Washer HookupDryer Hookup
Basement: Exterior EntryPartial
Flooring: Hardwood
A/C: Central AirHeat Pump
Heating: Electric

Style: Dutch Colonial

Roofing: Architectural
General: BrickBrick/Mortar

Road/Access: Public Road
Originating MLS: CAAR_CAAR
County: Charlottesville

Zoning: LOT170001000

Utilities: Cable AvailableFiber Optic AvailableHigh Speed Internet Available
Water: Public
Sewer: Public Sewer

Source: CAAR_CAAR

This listing courtesy of GRIER MURPHY , NEST REALTY GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.