multiFamily

1508 Chestnut Ave, Buena Vista Va 24416
  • $244,500
  • MLS #:139993


Square Ft:
  • 1,856 finished
  • 0.00 unfinished
Neighborhood:
  • None

Property Type: multiFamily
Area: Buena Vista
Year Built: 1989
Water View: Creek/Stream
Design: Detached Units
Exterior: Vinyl
Roof: Shingle
Cooling: Other
Heating: Baseboard Electric
Floors: Laminate
Basement: Crawl Space
Annual Taxes: 1372.00
Tax Year: 0
Directions: From Magnolia Ave. turn onto 14th St. and follow to Chestnut Ave. and turn left, find property on right.
First Floor Master Bedroom: Annual
Conservation Easement: No
Covenants: No Deed Restrictions
Deed Book: 202200844
Elementary School: Kling/Enderly Hghts
Middle School: Parry McCluer
High School: Parry McCluer
Historic: No
Plat: No
POA: No
Road Maintenance Agreement: No
Rooms: 4
Subdivision? No
Tax Map #: TM#41-1-2-62-1
Tax Rate: .98
Zoning: Other (Use Remarks)
Lot #: Annual
Average Rental: Over 1200
Owner Expenses: Electricity, Lawn Care, Sewer, Water
Rental Type: Annual
Road Surface: Paved
Income-producing opportunity with built-in cash flow and long-term flexibility. This unique Buena Vista property features two separate living spaces, making it an ideal investment for landlords, house hackers, or buyers seeking supplemental income. The primary residence offers 3 bedrooms, 1.5 baths, and 1,056 finished square feet with numerous recent updates, including fresh interior paint, updated flooring, kitchen and bath improvements, a new roof (2023), and a new water heater. A covered front porch, fenced backyard, level lot, and creek add to the property's appeal. The detached guest house, approximately 800 square feet with its own kitchen and bath, is currently leased through November 2026, providing immediate rental income from day one.

Updated: 6/01/26
Status: Active
Courtesy of
eXp Realty LLC

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