• 80 days on site
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Situated on a RARE nearly 1/2 acre lot, this brick two-unit income property on the Fontaine Avenue corridor has been consistently rented for just over 20 years. Within walking and biking distance of UVA Grounds, Scott Stadium, the UVA Medical Center, and Fontaine Research Park. The property is comprised of a 2,400 sqft 4 BR/2.5 BA main home with hardwood floors throughout and a wood-burning fireplace, as well as a self-contained 2BR/1BA apartment with its own living room and kitchen ? each unit separately metered. Units share laundry and can be combined into a single-family residence if preferred. Connected by a covered breezeway is the one-car garage with a bonus room and full bath above. Offstreet parking for 6+ vehicles. The property carries CX-5 (Corridor Mixed Use 5) zoning, designed to encourage higher-intensity, pedestrian-friendly development along key urban corridors. CX-5 permits unlimited residential density, mixed residential and commercial uses, and building heights up to five stories by right ? with no minimum lot size and no off-street parking requirements. Turnkey rental now and a fantastic opportunity for an investor with a longer horizon as the lot size and zoning create meaningful options.,Formica Counter,Painted Cabinets,Wood Counter,Fireplace in Living Room

Source: BRIGHT MLS, MLS#: 675672

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  • Property Type
    Residential
  • Lot
    0.42 acres

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Susan Pender

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  • Median Age
    28
  • Population Density
    528
  • College Educated
    69%
  • Estimated Median Income
    $60,766
  • Estimated Total Home Owners
    6,062
  • Estimated Total Renters
    8,803
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    40,192
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Want to talk? Contact us here.

  • Skip Templeton
  • RW Towne Mortgage
  • Vice President | Mortgage Loan Officer
  • (757) 287-1902

Want to talk? Contact us here.

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Life at 2401 FONTAINE AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2026Source: BRIGHT MLS Status Change
PENDING
6/9/2026Source: BRIGHT MLS Status Change
PENDING
5/28/2026Source: BRIGHT MLS Price Increase
$825,000 3.4%
5/28/2026Source: BRIGHT MLS Price Increase
$825,000 3.4%
5/28/2026Source: BRIGHT MLS Price Reduction
$798,000 -5.9%
5/28/2026Source: BRIGHT MLS Price Reduction
$798,000 -5.9%
5/6/2026Source: BRIGHT MLS Price Reduction
$848,000 -5.6%
5/6/2026Source: BRIGHT MLS Price Reduction
$848,000 -5.6%
4/15/2026Source: BRIGHT MLS Added to Database
April 15, 2026
4/10/2026Source: BRIGHT MLS Added to Database
April 10, 2026
Listing provided courtesy of NEST REALTY GROUP- MLS# 675672MLS ProviderContact Information: [email protected] - 4345660121

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