Classic 9-BR, 4-BA Cape Cod positioned right off UVA campus: walk to classes, hospital or a quick (bike) ride anywhere in Charlottesville. The main level sets an inviting tone, with a front bedroom that has served as a private home office and quiet retreat. The adjacent 2-bedroom, 1-bath suite — complete with its own separate entrance — has a proven track record as a tenant favorite, and converts effortlessly into family or guest space when life calls for it. Upstairs, two mirrored 2BR/1BA suites capture views of the South Lawn and the neighborhood's canopy of trees. The lower level rounds it out with a complete apartment — kitchen, laundry, 2BR/1BA — ready to earn from day one. Recent upgrades include mini-splits in six bedrooms, seven Champion windows, newer water heater, and washer/dryer. The home presents beautifully with fresh landscaping and needs only light cosmetic updating: paint, finishes, or personal touches if desired. R-B zoning adds boundless possibilities for future expansion. With a solid rental history, multiple off-street parking spaces in place and NO HOA, this home is a rare find for buyers who value an irreplaceable location, great ROI and long-term versatility.
Single-familyProperty Type
1940Year Built
7,840 sq ftLot Size
$336Price/Sq.Ft.
Listed by SOPHIE LIN• LONG & FOSTER - CHARLOTTESVILLE
Bought with ERIC HORTON• COMMONWEALTH REALTY GROUP, INC
Solid ROI and convenient location! This 9 bedroom, 4 bathroom Valley Road investment property is ideally located adjacent to UVA, the hospital, and the South Lawn extension, which is at the end of the street. The property is within walking and biking distance of the campus and downtown. This property is a rare offering, zoned R-1SUH, with consistent rental income. Currently a student rental with potential to convert to a single-family residence, if desired. Showings are by appointment only.
Lot Features: Garden, Landscaped, Level, Native Plants
Road Frontage Type: Public Road
Financial
Tax Information
Tax Annual Amount: $7,031.66
Parcel Number: 110072000
Tax Year: 2025
Utilities
Utility Information
Utilities: Cable Available, Fiber Optic Available
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Ductless, Window Unit(s)
Has Heating
Heating: Ductless, Dual System, Hot Water
Location
School Information
Elementary School: Trailblazer
Middle Or Junior School: Charlottesville Middle
High School: Charlottesville
Location Information
Unparsed Address: 524 VALLEY RD
Directions: From UVA Scott Stadium: LEFT onto Alderman Rd. At the traffic lights, turn LEFT onto Jefferson Park Ave. before turning RIGHT onto Valley Rd.
Public facts
Beds: 9
Baths: 4.0
Sq. Ft.: 2,370
Stories: 1.75
Lot Size: 7,841 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1974
County: Charlottesville
APN: 110072000
Home facts updated by county records on Aug 28, 2026
Around this home
Schools
Venable Elementary School
Public PreK-4 • Assigned • 0.8mi
4/10
Buford Middle School
Public 7-8 • Assigned • 0.5mi
3/10
Charlottesville High School
Public 9-12 • Assigned • 2.2mi
4/10
Provided by GreatSchools
Climate risks
5/10 Flood Factor
Estimated 60-74% 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
25
49
30
65
41
73
50
75
54
86
64
88
70
83
64
77
58
69
47
60
40
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$836,000 – $1.01M
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