Listing provided courtesy of EXP Realty LLCMLS# 2601231MLS Provider
  • 164 days on site
  • 7 views

10-Unit Multi-Family Investment in Charming Downtown West Point Rare opportunity to acquire a well-maintained 10-unit apartment building in the heart of downtown West Point. Ideally located in a charming and walkable community near shops, dining, and the riverfront, this property benefits from exceptional rental demand due to the limited supply of apartment housing in the area. Most units have been recently renovated, each offering 2 bedrooms and 1 full bath with spacious layouts that appeal to long-term tenants. All units are individually metered for electricity, with one master water meter for easy management. Major capital improvements include a new roof, reducing future maintenance expenses. This property presents a true value-add opportunity, as current rents are under market and can be increased with minimal updates to capture the area’s strong rental demand. With stable occupancy and significant upside potential, this building is an excellent addition to any investment portfolio.

Source: Central Virginia Regional, MLS#: 2601231

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  • Property Type
    Commercial Sale
  • Lot
    0.33 acres

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Michelle LeFante

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  • Median Age
    43
  • Population Density
    70
  • College Educated
    44%
  • Estimated Median Income
    $83,590
  • Estimated Total Home Owners
    1,724
  • Estimated Total Renters
    284
  • Owner / Renter Divide
    86% / 14%
  • Estimated Average Household Size
    3
  • Total Population
    5,075
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 319 Main Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/2/2026Source: Central Virginia Regional Price Reduction
$1,450,000 -12.1%
1/16/2026Source: Central Virginia Regional Added to Database
January 16, 2026

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