Excellent investment opportunity for an ideal location in the City of Harrisonburg near the campus of James Madison University, Sentara RMH Medical Center, shopping, and restaurants. Four leased residential units with a total of 15 bedrooms, 14 full baths, and 3 half baths. Good rental history with increasing housing demand in the area. No homeowners association. All appliances are included. Tenants pay their own utilities and City trash collection. Professional management. Call today for a showing appointment. The 4 units are 723 Foley Rd. (updated in 2011) and 2171, 2173 & 2175 Sour Cherry Ct. (built in 2011).
Multi-familyProperty Type
2011Year Built
0.53 acresLot Size
$196Est. Price/Sq.Ft.
Listed by • Funkhouser Real Estate Group
Bought with Kemper Funkhouser• Funkhouser Real Estate Group
Forclosure-Sold As Is-Seller to convey a Special Warrenty Deed/Possession may be delayed on average 3 days after closing/Offer must have a Wells Fargo PreApproval Letter/Need Certified Check for Earnest Money Deposit made out to Hess & Miller Inc/Selling Bonus offered $2000/Buyers Closing Cost $2000/Property has Code Violation due to previous additions/Buyers must comply with city Letter of Violations Available/Legal structure & land are basis of List Price/Cost of Hook up to City $6000
As the MLS and public records start to fill up, we'll list the details here.
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
Flooring: Carpet, Hardwood, Laminate, Vinyl
Window Features: Double Pane Windows, Insulated Windows
Exterior
Building Information
Foundation Details: Block, Poured
Construction Materials: Vinyl Siding
Exterior Features
Roof: Composition, Shingle
Patio And Porch Features: Deck, Front Porch, Porch
Property Information
Property Sub Type Additional: Multi Family, Other
AboveGradeFinishedAreaSource: Public Records
Above Grade Unfinished Area Source: Public Records
BelowGradeFinishedAreaSource: Public Records
Below Grade Unfinished Area Source: Public Records
Lot Information
Lot Size Acres: 0.53
Topography: Rolling
Road Frontage Type: Private Road, Public Road
Financial
Tax Information
Tax Annual Amount: $5,762
Parcel Number: 84 A 4
Tax Year: 2020
Utilities
Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Water Source: Public
Electric: Underground
Heating & Cooling
Has Cooling
Cooling: Heat Pump
Has Heating
Heating: Heat Pump
Location
Multi Unit Information
# of Units(Total): 4
Multi Unit Financial Information
Owner Pays: Common Area Maintenance, Insurance, Taxes
Tenant Pays: Electricity, Sewer, Water
Unit Type 1 Information
Type: 4 Bedroom Or More
Area: 1,470
# of Units Total: 1
# of Beds: 4
# of Baths: 5
Unit Type 2 Information
Type: 4 Bedroom Or More
Area: 1,470
# of Units Total: 1
# of Beds: 4
# of Baths: 5
Unit Type 3 Information
Type: 4 Bedroom Or More
Area: 1,470
# of Units Total: 1
# of Beds: 4
# of Baths: 5
Unit Type 4 Information
Type: 3 Bedroom
# of Units Total: 1
# of Beds: 3
# of Baths: 2
School Information
Elementary School: Stone Spring
Middle Or Junior School: Skyline
High School: Harrisonburg
Location Information
Unparsed Address: 723 FOLEY RD
Directions: East on Reservoir Street. First right after the Lucy Drive stoplight. Third house on the right with Sour Cherry Court on the left to the three rear units.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,199
Stories: 1.0
Lot Size: 0.53 acres
Style: Other
Year Built: 1970
Year Renovated: —
County: Harrisonburg
APN: 084 A 4
Home facts updated by county records on Jul 23, 2026
Around this home
Schools
Stone Spring Elementary School
Public PreK-5 • Assigned • 1.1mi
1/10
Skyline Middle School
Public 6-8 • Assigned • 1.6mi
2/10
Harrisonburg High School
Public 9-12 • Assigned • 3.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 99° expected this year, 18 days in 30 years
2/10 Wind Factor
1% 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
Harrisonburg, VA • 22801
Average low and high temperatures (°F)
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76
56
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45
57
38
44
27
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.08M – $1.31M
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