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Five-unit income property in the heart of Staunton.

45 Morris Mill

Staunton, VA 24401

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Local pulse

Morris Mill sits in a quiet residential stretch of Staunton, Virginia, with A. R. Ware Elementary just a couple of minutes on foot and Shelburne Middle School barely a block further. Staunton's walkable downtown — known for its independent restaurants, theater, and Amtrak stop — is a short drive away, and Staunton High School is accessible within a few miles.

Listed at

$529,000

Bedrooms
6
Bathrooms
5
Interior
3,144 sq ft
Lot
0.57 acres
Built
1940
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Neighborhood intelligence

The neighborhood around this home.

Local context

Morris Mill sits in a quiet residential stretch of Staunton, Virginia, with A. R. Ware Elementary just a couple of minutes on foot and Shelburne Middle School barely a block further. Staunton's walkable downtown — known for its independent restaurants, theater, and Amtrak stop — is a short drive away, and Staunton High School is accessible within a few miles.

Insider favorites

  • cult favoritefood

    Zynodoa

    Ranked #3 of 100 restaurants; fills quickly with reservations sourcing local farms.

    “…and produce from local farms. Every time we go to Staunton, Zynodoa is the food highlight of the weekend. ## The By & By [...] If you’re looking for classic Americ…”

    — vafoodie.com ↗

    “…[...] Staunton’s food scene punches well above its weight. Zynodoa is often mentioned as one of the top dining experiences in town, focusing on seasonal Southern insp…”

    — safestorage365.com ↗
  • local secretfood

    The Depot Grille

    1990 landmark in old train depot with church pews and Victorian bar draws locals daily.

    “###### A casual, “come-as-you-are” eatery, the Depot Grille opened in 1990 and has since become one of Staunton's favorite family restaurants, loved by both lo…”

    — depotgrille.com ↗
    — reddit.com ↗
  • cult favoritecoffee

    Crucible Coffee Roasters

    Community gathering spot favored by locals for quality coffee and work or meetups.

    “…or breakfast or a midday break, Reunion Bakery is a staple. Crucible Coffee Roasters offers quality coffee with a community feel, making it a favorite place to work or meet up. Kline’s…”

    — safestorage365.com ↗
  • underratedfood

    The Shack

    Chef Boden's Appalachian-Jewish fusion earned James Beard nominations and Washington Post stars.

    “The Shack is located one block outside of downtown Staunton offering the best products from the foothills of…”

    — youtube.com ↗

    “See 142 unbiased reviews of The Shack, rated 4.3 of 5 on Tripadvisor and ranked #24 of 102 restaurants in Staunton. 105 S Coalter St, Sta…”

    — tripadvisor.com ↗

Restaurants and places nearby

Useful places around the neighborhood.

Schools nearby

Photos

About the home

Built in 1940 and sitting on just over half an acre, this five-unit multifamily property carries the kind of bones that hold up — blown-in attic insulation, R-13 wall insulation, and separate electric meters on three of the five units. A spacious front porch and a rear deck give the building a residential scale that reads more like a neighborhood anchor than a typical investment property.

Two units are move-in ready right now — freshly painted, new carpeting, and vacant — which opens the door for an owner-occupant to settle in while the other units generate income. The mix runs from one-bedroom to two-bedroom layouts, with a few units carrying additional non-conforming rooms. A garage and a storage shed round out the site.

Features

Interior

  • Five units across two bedroom configurations
  • Two units freshly painted with new carpet
  • Non-conforming bonus rooms in select units
  • Blown-in attic insulation
  • R-13 wall insulation

Exterior

  • Spacious front porch
  • Rear deck
  • Detached garage
  • Storage shed
  • Over half-acre lot

Operations

  • Separate electric meters for units 2, 3, and 4
  • Owner currently covers water and sewer
  • Two units vacant and ready to lease
  • Strong owner-occupant or investor configuration

Run the numbers

Estimated monthly

$2,816

Principal & interest
$2,816
Down payment
$105,800
Loan amount
$423,200
$529,000
20%$105,800
7%
30 yr
45 Morris Mill

Brokerage

RE/MAX Performance Realty

J

Listing agent

Jared Sheets

540-820-2919jaredsheets83@gmail.com

45 Morris Mill

Staunton, VA

Price$529,000Beds6Baths5Sq ft3,144 sq ft

The turnkey solution to marketing your listing – ready in minutes

  • Neighborhood buzzCommunity favorites and coming-soon establishments unique to this property’s area.
  • Video and virtual stagingProperty videos plus virtual-staging and before-and-after options.
  • Social posts and QR flyersShare-ready content for your preferred platforms and flyers that bring buyers back to the listing.
  • Documents and reportingLink disclosures, surveys, septic reports, and more—then track activity from your dashboard.

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