* * * ATTENTION INVESTORS - OFFERED AT A NEW PRICE!! * * * You will want to check out this fantastic opportunity - with a history of POSITIVE CASH FLOW these two ADJACENT PROPERTIES on a combined total of 1.91-acres in Winchester (just minutes from Valley Health Campus, shopping, restaurants and Rt. 37) may be what you are looking for! These two parcels are to be sold TOGETHER; they are not offered separately, and all for an updated package deal at $475,000! * * * 386 Round Hill Road sits on 1.51 acres and consists of 3 UNITS - 2 units are on the main level and one unit is on upper level. .. each unit has 2 BR, 1 BA, a Living area, Kitchen and laundry hook-up area, and this building totals approximately 2736 SF). Unit 2 is a bit bigger with some additional bonus rooms. 402 Round Hill Road is approximately 1008 SF and features 2 BR, 1 BA, Living Room, formal Dining Room, Kitchen and laundry area (with hook-up only); this property sits on 0.40-acre and includes a covered back porch and the detached garage. Tenants pay utilities. Each unit is separately metered. Each parcel has its own well and septic system. Current tenants would love to stay. ALL units are currently rented! Contact listing agent for information on individual lease terms and rental rates.
Multi-familyProperty Type
1950Year Built
1.51 acresLot Size
$175Est. Price/Sq.Ft.
2 car garageParking
Listed by Bridget Aikens• Colony Realty
•540-662-0323 (broker)
Bought with Leah Marabella• Realty ONE Group Old Towne
Construction Materials: Vinyl Siding, Aluminum Siding
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Patio(s), Porch(es)
Structure Type: Detached
Other Structures: Garage(s)
Exterior Information
Outbuilding(s)
Lot Information
Lot Features: Backs to Trees, Partly Wooded
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 2,736
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
County Tax: $1,437
Tax Assessed Value: $281,300
Tax Year: 2022
Tax Annual Amount: $1,437
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Cooling Type: Ceiling Fan(s), Window Unit(s)
Cooling Fuel: Electric
Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well
Location
Multi Unit Information
# of Two Bedroom Units: 4
Other Units: Unit 1,Unit 2
School Information
School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: From Winchester take 50 WEST past the Valley Health Campus. Turn LEFT on Round Hill Road, and properties will be about . 75 mile down on the RIGHT.
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,736
Stories: 1.0
Lot Size: 1.51 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1981
County: Frederick County
APN: 52 A 244
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Places
Transit
Orchard View Elementary School
Public PreK-5 • Assigned • 4.7mi
3/10
Frederick County Middle School
Public 6-8 • Assigned • 5.7mi
2/10
James Wood High School
Public 9-12 • Assigned • 2.5mi
6/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Winchester, VA • 22602
Average low and high temperatures (°F)
37
22
45
28
61
39
69
48
72
54
83
64
87
69
82
62
76
57
68
45
56
39
44
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$457,000 – $553,000
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