616 Locust Ave
Charlottesville, VA 22902
Martha Jefferson- 12 Beds
- 6,740 sqft
12 Beds
6,740 sqft
Local Information
-- mins to
Description
This property is two tax maps with a duplex on each.. 4 rentals for $250,000 each! Ownership willing to consider partial financing. Minutes from downtown, this property is a rare offering in the city. Members of ownership are licensed realtors.
616 Locust Ave, Charlottesville, VA 22902 is a 12 bedroom, 6,740 sqft multi-family in Martha Jefferson, built in 1904. It last sold for $435,000 on Oct 18, 2001. It is currently off market. The Trulia Estimate is $1,127,800, with a rent estimate of $2,330/month.
Home Highlights
Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 616 Locust Ave
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Heating & Cooling Heating: Heat Pump, RadiantAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Interior Details Number of Rooms: 12 |
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Exterior Home Features Roof: OtherExterior: BrickFoundation Type: Concrete BlockPatio |
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Year Built Year Built: 1904 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 4 |
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Lot Area: 7405 sqft |
Price History for 616 Locust Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/16/2015 | $1,000,000 | ListingRemoved | Agent Provided |
| 09/01/2015 | $1,000,000 | PriceChange | Agent Provided |
| 01/15/2015 | $1,050,000 | Listed For Sale | Agent Provided |
| 10/18/2001 | $435,000 | Sold | N/A |
| 07/10/1989 | $149,950 | Sold | N/A |
Market trends in Charlottesville
Last updated May 2026
Avg. sale price
$469K
$1.68KMoM
Sale-to-List Price
99.1%
0.9%MoM
Price per sq ft
$252
$1MoM
Available listings
446
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,502 |
| Assessment | $651,700 |
Home facts updated by county records
Comparable Sales for 616 Locust Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $550,000 | 05/27/26 | 6 | 4 | 2,640 | |
0.78 | Multi-Family Home | $470,000 | 07/25/25 | 5 | 3 | 3,400 | |
0.64 | Multi-Family Home | $735,000 | 08/01/25 | 4 | 3 | 1,950 | |
1.14 | Multi-Family Home | $650,000 | 07/22/25 | 8 | 8 | 2,763 | |
1.33 | Multi-Family Home | $483,001 | 08/01/25 | 3 | 2 | 2,784 | |
1.12 | Multi-Family Home | $616,500 | 01/13/26 | 3 | 5 | 2,640 | |
1.06 | Multi-Family Home | $385,000 | 09/29/25 | 3 | 2 | 1,080 | |
1.07 | Multi-Family Home | $437,500 | 07/01/26 | 2 | 1.5 | 1,176 | |
1.77 | Multi-Family Home | $680,000 | 10/15/25 | 5 | 4 | 3,809 | |
1.63 | Multi-Family Home | $590,000 | 07/18/25 | 3 | 2.5 | 2,205 |
Nearby homes
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These are the assigned schools for 616 Locust Ave.
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