$522,000
Price
7
Beds
3
Baths
2,484 Sq. Ft.
$210 / Sq. Ft.
2,484
Sq. Ft.
$210
per Sq. Ft.

Description

Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms,...Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!
  1. Listed by Colton Mitchell • Brokerage DRE #0226012313 • Old Dominion Realty Inc
    P: (540)-820-2001 C: (540)-820-2001 colton@odrva.com

Property Details for 728 Foley Road

Architectural Style
SplitLevel
Subdivision Name
RIDGEVILLE HEIGHTS
LISTING UPDATED: 10/31/2025 02:23 PM

Property Details for 728 Foley Road

StatusActive
MLS #661105
Days on Market306
Taxes$3,935 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential / Other
Year Built1970
Lot Size0.53 AC / 23,086 SF
CountyHarrisonburg Independent City

Location

Listing Courtesy of Old Dominion Realty Inc, Colton Mitchell
Add your commute

Building Information for 728 Foley Road

Stories-Residences1Year Built1970Lot Size0.53 AC / 23,086 SF

Payment Calculator

$2,907 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,579

Property Taxes

$328

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 728 Foley Road

Summary
Location and General Information
  • Directions: From Reservoir turn on Foley Road, house is on the left.
  • Latitude: 38.42117313
  • Longitude: -78.855744
  • Road Frontage Type: PublicRoad
  • Water Source: Public
  • Year Built: 1970
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $3,935
  • Tax Legal Description: Quadrant 3 SS Foley Rd Tm 84 B 17
  • Tax Year: 2024
School Information
  • Elementary School: Stone Spring
  • High School: Harrisonburg
  • Middle Or Junior School: Skyline
Property
Lot Information
  • Above Grade Finished Area Source: PublicRecords
  • Above Grade Unfinished Area Source: PublicRecords
  • Below Grade Finished Area Source: PublicRecords
  • Below Grade Unfinished Area Source: PublicRecords
  • Building Area Source: PublicRecords
  • Living Area: 2484.0
  • Living Area Source: PublicRecords
  • Lot Features: OpenLot
  • Lot Size Acres: 0.53
Property and Assessments
  • Disclaimer: The offer of compensation is made only to participants of the MLS where the listing is filed.
  • Disclosures: SellerDisclosure
  • New Construction: No
  • Parcel Number: 084 B 17
  • Property Sub Type: Other
  • Property Sub Type Additional: MultiFamily, Other
  • Property Type: Residential
  • Zoning Description: R-3 Multifamily Residential
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, SatelliteInternetAvailable
Interior and Exterior Features
Exterior Features
  • Construction Materials: VinylSiding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, FrontPorch, Patio, Porch
  • Roof: Composition, Shingle
Interior Features
  • Basement: ExteriorEntry, Full, Heated, InteriorEntry, PartiallyFinished, StorageSpace
  • Basement: Yes
  • Cooling: CentralAir, HeatPump
  • Cooling: Yes
  • Flooring: Parquet, Vinyl, Wood
  • Heating: HeatPump
  • Heating: Yes
  • Laundry Features: WasherHookup, DryerHookup
  • Levels: MultiSplit
  • Appliances: ElectricRange, Refrigerator, Dryer, Washer
Multi Family
Multi Family Information
  • Number Of Units Total: 1
Unit 1
  • Unit Type Area: 2484.0
  • Unit Type Area Units: SquareFeet
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 7
  • Unit Type Type: FourBedroomOrMore
  • Unit Type Units Total: 1
Room Information
Room Information
  • Human Modified: No
Rental
Rent Information
  • Lease Considered: No
  • Tenant Pays: Electricity, Sewer, TrashCollection, Water

Property History for 728 Foley Road

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Price Change

CAAR #661105

$522,000
Aug 19, 2025

Price Change

CAAR #661105

$532,000
Apr 1, 2025

Price Change

CAAR #661105

$540,000
Feb 21, 2025

Listed (Active)

CAAR #661105

$555,000
Dec 3, 2019

Sold (Public Record)

Public Record #1349880919

$280,000

+9825071.5% / yr

Sep 12, 2019

Sold (Public Record)

Public Record #1334645461

$21,200
DateEvent & SourcePrice
10/31/2025

Price Change

CAAR #661105

$522,000
08/19/2025

Price Change

CAAR #661105

$532,000
04/01/2025

Price Change

CAAR #661105

$540,000
02/21/2025

Listed (Active)

CAAR #661105

$555,000
12/03/2019

Sold (Public Record)

Public Record #1349880919

$280,000

+9825071.5% / yr

09/12/2019

Sold (Public Record)

Public Record #1334645461

$21,200

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 728 Foley Road

Taxable ValueLand$139,000Additions$250,600Total$389,600
Tax Record2024$3,843 ($320 / month)
Home Facts
Beds6Total Finished SqFt2,484 SqFtAbove Grade Finished SqFt1,864 SqFtFinished Basement SqFt620 SqFtStories1Lot Size22,977 SqFtStyleSingle Family ResidenceYear Built1970ZoningMULTI DWELL RCountyHARRISONBURG CITYAPN084 B 17Fireplace TypeHas Fireplace

Schools near 728 Foley Road

This home is within Harrisonburg City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 2 to 12
Rating
School
Distance
Stone Spring Elementary School
PublicPK to 5

Skyline Middle School
Public6 to 8

Harrisonburg High School
Public9 to 12

Minnick Education Center - Harrisonburg
Private2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

728 Foley Road is for sale in Harrisonburg, VA 22801. This property was listed for sale on February 21, 2025 by Old Dominion Realty Inc, it's currently listed at $522,000. It has been on the market for a total of 306 days and was last sold on December 3, 2019. This listing's school district is Harrisonburg City Public Schools. Nearby schools include Stone Spring Elementary School, Skyline Middle School and Harrisonburg High School. 728 Foley Road is a 7-bed, 3-bath, 2,484 sqft built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Old Dominion Realty Inc, Colton Mitchell

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.