Classic Brick Colonial in Charlottesville's Fifeville Neighborhood — Value-Add Opportunity Set on a generous, tree-lined lot just south of Downtown Charlottesville and minutes from UVA and the UVA Medical Center, 509 7½ St SW is a 1920s brick colonial with the kind of bones that are increasingly hard to find this close to the city center. A classic front porch with white columns and brick steps welcomes you in, while inside, original hardwood floors and a traditional layout offer a strong foundation for renovation or rental use. Highlights: 3 bedrooms, 2 bathrooms across approximately 1,318 sq ft Solid brick construction with a traditional center-hall colonial layout Original hardwood floors throughout much of the main level Covered front porch with classic colonial columns Rear wood deck overlooking a large, mostly-cleared backyard Generous 4,399 sq ft lot with mature trees and room to landscape Located in the walkable Fifeville neighborhood — close to UVA, the Corner, Downtown Mall, and 5th Street Station The opportunity: This home shows the wear you'd expect from a century-old property that hasn't been recently updated — the kitchen, bathrooms, and some exterior trim/siding could use modernization, and the yard would benefit from clearing and landscaping. For an investor or owner-occupant willing to put in some sweat equity, that's exactly the appeal: a well-located, structurally solid brick home in a tight Charlottesville submarket where renovated comps significantly outperform as-is condition. Whether your plan is a full cosmetic renovation, a rental conversion near UVA's massive student and hospital-staff housing demand, or a long-term hold while the neighborhood continues to appreciate, 509 7½ St SW offers a rare entry point into Fifeville at this price point. Schedule a showing to see the full potential in person. (720)903-5046
Fifeville, located between Downtown Charlottesville and the University of Virginia, is a historic and residential Charlottesville neighborhood with a walkable street grid and a rail-side edge. The neighborhood’s character concentrates around the 5th Street SW and W Main Street corridor, where coffee counters, small eateries, and storefronts meet steady foot traffic. The IX Art Park and its Saturday IX Farmers Market act as a creative anchor for the area. The Jefferson School African American Heritage Center adds a strong cultural throughline nearby. Housing leans toward early-20th-century cottages and porches, with newer infill along key corridors. Side streets feel quieter, while the Downtown Mall and UVA grounds sit just beyond the neighborhood’s borders.
Provided by Walk Score and Local Logic
Market insights
509 7 1/2 St SW · $430,000
DAYS ON MARKET
84 days
The average home goes pending in 25 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$430,000
Median sale price in this area is $513,316. (19% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Bathroom Information
Full Baths: 0
Public facts
Beds: 3
Baths: 2.0
Finished Sq. Ft.: 1,430
Unfinished Sq. Ft.: —
Total Sq. Ft.: 1,430
Stories: 2.0
Lot Size: 4,400 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1988
County: Charlottesville
APN: 300147000
Home facts updated by county records on Aug 10, 2026
Sale and tax history for 509 7 1/2 St SW
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #VACO2000244
Sep 9, 2026
Sold
$400,000
$303/sq ft
Aug 3, 2026
Pending
—
Jul 6, 2026
Price Changed
$400,000
$303/sq ft
Jul 3, 2026
Price Changed
$420,000
$319/sq ft
Jul 1, 2026
Listed
$430,000
$326/sq ft
+11
Classic Brick Colonial in Charlottesville's Fifeville Neighborhood - Value-Add Opportunity Set on a generous, tree-lined lot just south of Downtown Charlottesville and minutes from UVA and the UVA Medical Center, 509 71⁄2 St SW is a 1920s brick colonial with the kind of bones that are increasingly hard to find this close to the city center. A classic front porch with white columns and brick steps welcomes you in, while inside, original hardwood floors and a traditional layout offer a strong foundation for renovation or rental use. Highlights: 3 bedrooms, 2 bathrooms across approximately 1,318 sq ft Solid brick construction with a traditional center-hall colonial layout Original hardwood floors throughout much of the main level Covered front porch with classic colonial columns Rear wood deck overlooking a large, mostly-cleared backyard Generous 4,399 sq ft lot with mature trees and room to landscape Located in the walkable Fifeville neighborhood - close to UVA, the Corner, Downtown Mall
Fizber.com #11566859
Jun 22, 2026
Listed
$430,000
$326/sq ft
CAAR #665409
Jul 29, 2025
Rental Removed
$1,900
$1/sq ft
Jun 20, 2025
Price Changed
$1,900
$1/sq ft
Jun 5, 2025
Listed for Rent
$1,935
$1/sq ft
APPFOLIO #1
Jun 4, 2025
Rental Removed
$1,985
$2/sq ft
May 28, 2025
Price Changed
$1,985
$2/sq ft
May 20, 2025
Price Changed
$2,035
$2/sq ft
May 1, 2025
Listed for Rent
$2,100
$2/sq ft
Public Records
Feb 27, 1995
Sold
$76,100
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,190 (+7.2%)
$121,500 + $194,900
$316,400
2025
$2,976 (−3.4%)
$121,500 + $194,900
$316,400
2024
$3,080 (+8.2%)
$117,000 + $183,700
$300,700
2023
$2,845 (+25.5%)
$140,600 + $167,800
$308,400
2022
$2,267 (+4.0%)
$129,400 + $161,000
$290,400
2021
$2,179 (+1.3%)
$85,500 + $144,600
$230,100
2020
$2,150 (+1.9%)
$86,000 + $134,300
$220,300
2019
$2,110 (+9.7%)
$84,300 + $131,700
$216,000
2018
$1,922
$76,600 + $119,700
$196,300
2017
$1,922 (+9.4%)
$76,600 + $119,700
$196,300
2016
$1,757 (−3.8%)
$62,800 + $116,100
$178,900
2014
$1,827
$65,400 + $120,900
$186,300
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,400 Sq. Ft.
Year renovated
1988
Finished Sq. Ft.
1,430
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,430
Year built
1920
Style
Single Family Residential
County
Charlottesville
APN
300147000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-2
AIA
Two-Family Residential Districts
The two-family residential zoning districts are established to enhance the variety of housing opportunities available within certain low-density residential areas of the city, and to provide and protect those areas. There are two (2) categories of R-2 zoning districts: (1) R-2, consisting of quiet, low-density residential areas in which single-family attached and two-family dwellings are encouraged. Included within this district are certain areas located along the Ridge Street corridor, areas of significant historical importance.
Zone overlays
Airport Impact Area
Climate risks
6/10 Flood Factor
Estimated 67-74% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Charlottesville, VA • 22903
Average low and high temperatures (°F)
42
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49
30
65
41
73
50
75
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88
70
81
62
77
58
69
47
60
40
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Charlottesville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 509 7 1/2 St SW
$418,696
$11K under list price of $430K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $480K.