731 Prospect Ave · Charlottesville, VA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $666 – $1,236
Heat risk 6/10 · Moderate
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 3.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +12.7/30.0
- Schools +4.4/10.0
- Livability +4.2/5.0
- DSCR +3.8/10.0
- Rent growth +3.6/5.0
- 1% rule +2.9/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$307,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautiful townhome under $250k in the City of Charlottesville! This home is truly move-in ready. Complete renovation done with love, utmost care, and attention to detail. There are no projects left for you to do. Come take a look! The scope of work includes, but not limited to, new siding, new gutters, new HVAC, updated landscaping including the removal of a large tree in the back yard, and expanded driveway/parking area with new gravel. As you walk in, you will notice the freshly painted interior and all new LOW-E Double Hung Vinyl Dual Glazed windows, new trim and modern crown molding, new doors and hardware, new recessed lighting and light fixtures, updated bathrooms. Gorgeous LVP floors everywhere including the stairs and bedrooms. There is no carpet anywhere! The kitchen features new cabinets, granite counter tops, GE Stainless Steel appliances, a pantry, and outdoor access to a concrete patio perfect for grilling and entertaining. There is even a new privacy partial fence, your little oasis in the City! Close to UVA, the UVA hospital and the Downtown Mall. Orangedale neighborhood is on the public transportation route, close to Forest Hills Park, and the shops at 5th St. Station. This is the one. Come visit & make it yours!
Key facts
- Built 1979
- Listed 18 days
Property features AI
Exterior
- Utilities: Public water; Public sewer; Cable available; Fiber optic available
- Home design: Attached townhouse; End unit; Two levels; Entry facing front
- Construction: Stick-built construction; Slab foundation; Built using typical stick frame methods
- Exterior features: Fully fenced yard; Front porch; Patio; Porch
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
- Bedrooms: Primary bedroom on second level; Bedroom on second level; Bedroom on second level
- Flooring: Luxury vinyl plank
- Bathrooms: One full bathroom; One half bathroom; One main-level bathroom
- Heating & cooling: Central heating; Heat pump; Central air
- Interior features: Utility room; Double pane windows; Low emissivity windows
- Laundry & utility: Washer; Dryer; First-level laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $307k.
Deal economics
- At list price, monthly cash flow is $-32 ($-389/yr) — negative.
- To cash-flow at today's rent, offer at most $301k (1.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $243k (20.9% below list).
- Recommended offer: $243k (20.9% below list) — sets the bar for 1% rule.
- Cap rate 6.2% vs local median 2.9% in Charlottesville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 84/100 on livability (#27 in VA, #707 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: cost of living D, crime D-.
- Charlottesville Cty Public School District (urban): math 42% / reading 61% proficiency, ranked #97 of 131 in VA (top 74%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Johnson Elementary (math 52% / reading 62%, grade C+, #597 of 1,108 statewide, top 57%, 322 students, 78% FRL); Walker Upper Elementary (math 31% / reading 53%, grade D-, #295 of 342 statewide, top 87%, 616 students, 72% FRL); Charlottesville High (math 53% / reading 84%, grade B, #178 of 319 statewide, top 56%, 1,359 students, 72% FRL) — zoned schools average 74% FRL vs 50% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising fast (+4.5%/yr); 225 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 34 units permitted in Charlottesville city in 2024 (18 in 5+ unit buildings).
- This rent runs 42% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Charlottesville County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 18 days — a 2% lower offer ($302k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $251k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.79% ✗
- Cap rate
- 6.17%
- Cash-on-cash
- -0.45%
- DSCR
- 0.98
- GRM
- 10.5
CMA / ARV
- ARV (on-the-fly)
- $412,800
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 109 Elkhorn Rd | 0.35mi | 3/1.5 | 1,265 (+5%) | 2mo | $325,000 | $257 | 73 |
| 731 Orangedale Ave | 0.06mi | 3/2.5 | 1,360 (+13%) | 1mo | $325,000 | $239 | 70 |
| 1421 Cherry Ave | 0.42mi | 3/1.0 | 1,288 (+7%) | 1mo | $330,000 | $256 | 66 |
| 1524 Cherry Ave | 0.51mi | 3/2.0 | 1,224 (+2%) | 14mo | $485,000 | $396 | 59 |
| 1113 Cherry Ave | 0.39mi | 3/2.0 | 1,164 (-3%) | 19mo | $295,000 | $253 | 59 |
| 316 6 1/2 St | 0.46mi | 2/2.0 (-1) | 1,240 (+3%) | 10mo | $475,000 | $383 | 58 |
| 618 1st St S | 0.67mi | 2/2.0 (-1) | 1,200 (0%) | 11mo | $387,500 | $323 | 53 |
| 1400 Early St | 0.72mi | 2/1.5 (-1) | 1,160 (-3%) | 12mo | $480,000 | $414 | 45 |
| 1104 Cherry Ave | 0.35mi | 2/1.0 (-1) | 1,028 (-14%) | 13mo | $400,000 | $389 | 42 |
| 1421 Early St | 0.69mi | 3/1.0 | 1,352 (+13%) | 11mo | $500,000 | $370 | 35 |
| 1002 2nd St SE | 0.63mi | 2/1.0 (-1) | 1,100 (-8%) | 18mo | $350,000 | $318 | 34 |
| 501 Stonehenge Ave | 0.58mi | 2/2.0 (-1) | 1,338 (+12%) | 19mo | $460,000 | $344 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.49% rent growth · sell at horizon
- IRR
- -15.6%
- Equity multiple
- 0.44×
- Total profit
- $-48,185
- Equity at exit
- $45,775
- IRR
- -4.9%
- Equity multiple
- 0.66×
- Total profit
- $-29,272
- Equity at exit
- $26,544
Cash invested: $85,960 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 55 Moderately Landlord-Leaning
- State Virginia
- 55 Moderately Landlord-Leaning · D+2
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 22903
- Rents YoY
- 4.5%
- Active inventory
- 225
- Price-to-rent
- 10.5×
Monthly cashflow live
- Estimated rent
- $2,427 high interval (Pro) →
- Mortgage (P&I)
- −$1,610
- Tax from tax record
- −$212 /mo · $2,547/yr
- Insurance
- −$128
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$510
- Net cashflow
- $-32
Break-even live
Sensitivity live
| Price | -10% $141 | -5% $55 | +0% $-32 | +5% $-119 | +10% $-206 |
|---|---|---|---|---|---|
| Rent | -10% $-224 | -5% $-128 | +0% $-32 | +5% $64 | +10% $159 |
| Rate | -1.0pp $122 | -0.5pp $46 | base $-32 | +0.5pp $-112 | +1.0pp $-193 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $76,750
- Closing costs
- $9,210
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 28 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 599 Bailey Rd Charlottesville, VA | 3.0 | 1.5 | 1200 | $2,350 | $1.96 | 15d | 1 | 0.14mi |
| 100 Dalton Ln Charlottesville, VA | 1.0–3.0 | 1.0–3.5 | 1154 | $2,803 | $2.43 | 15d | 13 | 0.37mi |
| 1406 Baker St Unit N/A Charlottesville, VA | 2.0 | 1.0 | 1100 | $2,800 | $2.55 | 23d | 1 | 0.40mi |
| 210 5th St SW Charlottesville, VA | 3.0 | 1.0 | 1482 | $2,500 | $1.69 | 23d | 1 | 0.64mi |
| 614 Brown St Charlottesville, VA | 3.0 | 2.0 | 1080 | $1,875 | $1.74 | 15d | 1 | 0.75mi |
| 1029 Wertland St Unit 109 Charlottesville, VA | 2.0 | 2.0 | 770 | $2,500 | $3.25 | 23d | 1 | 0.85mi |
| 620 Belmont Ave Charlottesville, VA | 2.0 | 1.0 | 768 | $2,595 | $3.38 | 23d | 1 | 0.92mi |
| 300 4th St SE Charlottesville, VA | 1.0–2.0 | 1.0 | 1004 | $2,120 | $2.11 | 15d | 4 | 0.98mi |
| 400 10th St NW Charlottesville, VA | 1.0–2.0 | 1.0–2.0 | 909 | $2,918 | $3.21 | 15d | 7 | 1.01mi |
| 504 12th St NW Charlottesville, VA | 3.0 | 2.0 | 1274 | $2,850 | $2.24 | 15d | 1 | 1.10mi |
| 1534 Virginia Ave Unit A Charlottesville, VA | 4.0 | 3.0 | 1475 | $950 | $0.64 | 23d | 1 | 1.10mi |
| 1534 Virginia Ave Unit 101 101-C Charlottesville, VA | 4.0 | 3.0 | 1450 | $1,300 | $0.90 | 23d | 1 | 1.10mi |
| 207 Monte Vista Ave Unit 1 Charlottesville, VA | 2.0 | 1.0 | 825 | $1,450 | $1.76 | 23d | 1 | 1.11mi |
| 800 Castalia St Unit B Charlottesville, VA | 2.0 | 1.0 | 805 | $1,525 | $1.89 | 23d | 1 | 1.16mi |
| 507 16th St NW Charlottesville, VA | 2.0 | 2.0 | 700 | $1,850 | $2.64 | 15d | 1 | 1.22mi |
| 2709 Eton Rd Charlottesville, VA | 3.0 | 1.0 | 1228 | $2,100 | $1.71 | 15d | 1 | 1.27mi |
| 206 Stribling Ave Unit B Charlottesville, VA | 3.0 | 2.0 | 1260 | $2,200 | $1.75 | 23d | 1 | 1.28mi |
| 202 Douglas Ave Unit 1F Charlottesville, VA | 2.0 | 2.0 | 1182 | $2,500 | $2.12 | 15d | 1 | 1.29mi |
| 130 Apple Tree Rd Charlottesville, VA | 1.0–2.0 | 1.0 | 857 | $1,600 | $1.87 | 23d | 3 | 1.33mi |
| 130 Apple Tree Rd Unit A Charlottesville, VA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 23d | 1 | 1.33mi |
| 10 University Cir Unit 9 Charlottesville, VA | 4.0 | 1.0 | 1346 | $3,900 | $2.90 | 15d | 1 | 1.35mi |
| 1705 Burnley Ave Charlottesville, VA | 2.0 | 1.0 | 1000 | $1,650 | $1.65 | 15d | 1 | 1.37mi |
| 200 Lake Club Ct Charlottesville, VA | 1.0–3.0 | 1.0–2.0 | 987 | $2,635 | $2.67 | 15d | 31 | 1.39mi |
| 727 Denali Way #205 Charlottesville, VA | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 45d | 1 | 1.40mi |
| 725 Denali Way #104 Charlottesville, VA | 2.0 | 2.0 | 900 | $1,892 | $2.10 | 15d | 1 | 1.41mi |
| 1306 Preston Ave Charlottesville, VA | 2.0 | 2.0 | 970 | $2,000 | $2.06 | 15d | 1 | 1.41mi |
| 630 Park St Charlottesville, VA | 2.0 | 1.0–2.0 | 898 | $2,170 | $2.42 | 15d | 2 | 1.45mi |
| 459 Locust Ave Apt 506 Charlottesville, VA | 2.0 | 2.0 | 859 | $1,925 | $2.24 | 23d | 1 | 1.48mi |
Listing history 15 events
-
2026-05-23status Pending
-
2026-05-15historical Active Under Contract
-
2026-05-05$307,000 Active
-
2026-05-03historical $307,000
-
2022-07-15soldstatus $251,000 Sold 1254-char remark
Show marketing remark (1254 chars)
Beautiful townhome under $250k in the City of Charlottesville! This home is truly move-in ready. Complete renovation done with love, utmost care, and attention to detail. There are no projects left for you to do. Come take a look! The scope of work includes, but not limited to, new siding, new gutters, new HVAC, updated landscaping including the removal of a large tree in the back yard, and expanded driveway/parking area with new gravel. As you walk in, you will notice the freshly painted interior and all new LOW-E Double Hung Vinyl Dual Glazed windows, new trim and modern crown molding, new doors and hardware, new recessed lighting and light fixtures, updated bathrooms. Gorgeous LVP floors everywhere including the stairs and bedrooms. There is no carpet anywhere! The kitchen features new cabinets, granite counter tops, GE Stainless Steel appliances, a pantry, and outdoor access to a concrete patio perfect for grilling and entertaining. There is even a new privacy partial fence, your little oasis in the City! Close to UVA, the UVA hospital and the Downtown Mall. Orangedale neighborhood is on the public transportation route, close to Forest Hills Park, and the shops at 5th St. Station. This is the one. Come visit & make it yours!
-
2022-07-15soldstatus $251,000
Show marketing remark (1254 chars)
Beautiful townhome under $250k in the City of Charlottesville! This home is truly move-in ready. Complete renovation done with love, utmost care, and attention to detail. There are no projects left for you to do. Come take a look! The scope of work includes, but not limited to, new siding, new gutters, new HVAC, updated landscaping including the removal of a large tree in the back yard, and expanded driveway/parking area with new gravel. As you walk in, you will notice the freshly painted interior and all new LOW-E Double Hung Vinyl Dual Glazed windows, new trim and modern crown molding, new doors and hardware, new recessed lighting and light fixtures, updated bathrooms. Gorgeous LVP floors everywhere including the stairs and bedrooms. There is no carpet anywhere! The kitchen features new cabinets, granite counter tops, GE Stainless Steel appliances, a pantry, and outdoor access to a concrete patio perfect for grilling and entertaining. There is even a new privacy partial fence, your little oasis in the City! Close to UVA, the UVA hospital and the Downtown Mall. Orangedale neighborhood is on the public transportation route, close to Forest Hills Park, and the shops at 5th St. Station. This is the one. Come visit & make it yours!
-
2022-06-28status Pending 1254-char remark
Show marketing remark (1254 chars)
Beautiful townhome under $250k in the City of Charlottesville! This home is truly move-in ready. Complete renovation done with love, utmost care, and attention to detail. There are no projects left for you to do. Come take a look! The scope of work includes, but not limited to, new siding, new gutters, new HVAC, updated landscaping including the removal of a large tree in the back yard, and expanded driveway/parking area with new gravel. As you walk in, you will notice the freshly painted interior and all new LOW-E Double Hung Vinyl Dual Glazed windows, new trim and modern crown molding, new doors and hardware, new recessed lighting and light fixtures, updated bathrooms. Gorgeous LVP floors everywhere including the stairs and bedrooms. There is no carpet anywhere! The kitchen features new cabinets, granite counter tops, GE Stainless Steel appliances, a pantry, and outdoor access to a concrete patio perfect for grilling and entertaining. There is even a new privacy partial fence, your little oasis in the City! Close to UVA, the UVA hospital and the Downtown Mall. Orangedale neighborhood is on the public transportation route, close to Forest Hills Park, and the shops at 5th St. Station. This is the one. Come visit & make it yours!
-
2022-06-24$245,000 Active 1254-char remark
Show marketing remark (1254 chars)
Beautiful townhome under $250k in the City of Charlottesville! This home is truly move-in ready. Complete renovation done with love, utmost care, and attention to detail. There are no projects left for you to do. Come take a look! The scope of work includes, but not limited to, new siding, new gutters, new HVAC, updated landscaping including the removal of a large tree in the back yard, and expanded driveway/parking area with new gravel. As you walk in, you will notice the freshly painted interior and all new LOW-E Double Hung Vinyl Dual Glazed windows, new trim and modern crown molding, new doors and hardware, new recessed lighting and light fixtures, updated bathrooms. Gorgeous LVP floors everywhere including the stairs and bedrooms. There is no carpet anywhere! The kitchen features new cabinets, granite counter tops, GE Stainless Steel appliances, a pantry, and outdoor access to a concrete patio perfect for grilling and entertaining. There is even a new privacy partial fence, your little oasis in the City! Close to UVA, the UVA hospital and the Downtown Mall. Orangedale neighborhood is on the public transportation route, close to Forest Hills Park, and the shops at 5th St. Station. This is the one. Come visit & make it yours!
-
2022-05-04soldstatus $135,000 Sold 333-char remark
Show marketing remark (333 chars)
Fixer upper in Orangedale! 3 bedroom, 1.5 bath with a covered porch features partially fenced yard (front and rear). Living room, formal dining room, and spacious kitchen. Off-street parking. This home needs a lot and will likely not qualify for any traditional financing. Water line to the street replaced in the past several years.
-
2022-05-04soldstatus $135,000
Show marketing remark (333 chars)
Fixer upper in Orangedale! 3 bedroom, 1.5 bath with a covered porch features partially fenced yard (front and rear). Living room, formal dining room, and spacious kitchen. Off-street parking. This home needs a lot and will likely not qualify for any traditional financing. Water line to the street replaced in the past several years.
-
2022-04-13status Pending 333-char remark
Show marketing remark (333 chars)
Fixer upper in Orangedale! 3 bedroom, 1.5 bath with a covered porch features partially fenced yard (front and rear). Living room, formal dining room, and spacious kitchen. Off-street parking. This home needs a lot and will likely not qualify for any traditional financing. Water line to the street replaced in the past several years.
-
2022-04-05$165,000 Active 333-char remark
Show marketing remark (333 chars)
Fixer upper in Orangedale! 3 bedroom, 1.5 bath with a covered porch features partially fenced yard (front and rear). Living room, formal dining room, and spacious kitchen. Off-street parking. This home needs a lot and will likely not qualify for any traditional financing. Water line to the street replaced in the past several years.
-
2019-05-08soldstatus $80,000
-
2000-01-14soldstatus $155,000
-
1979-07-02soldstatus $135,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast VA · Resets to sale price
- Current annual tax
- $2,547 · $212/mo
- Projected year-2 tax
- $2,547 · $212/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 6/10 Major 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
- Wind 2/10 Low 3% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,130
- − Mortgage interest
- −$17,197
- − Property taxes
- −$2,547
- − Insurance
- −$1,535
- − Repairs & maintenance
- −$2,330
- − Management
- −$2,330
- − Depreciation
- −$8,931
- Taxable loss
- −$5,741
- Est. tax savings @ 24.0%
- +$1,378
- After-tax cash flow
- $989/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Charlottesville Cty Public School District
- NCES district ID
- 5100780
- Math proficiency
- 42% ▼ -30.00%
- Reading proficiency
- 61% ▼ -10.00%
- Median HH income
- $47,211
- Composite
- 43.68/100
- National rank
- #2957
- State rank
- #97 of 131 in VA
Livability — Charlottesville
- Score
- 84/100
- State rank
- #27
- US rank
- #707
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Charlottesville, VA
- County
- Albemarle County · 129,350 people
- City population
- 120,202
- Metro
- Charlottesville, VA
- Population (ZIP)
- 40,372
- Household income
- $69,340
- Rent vs Own
- Severe rent burden
- 3060.0
Population outlook (Charlottesville County) Hauer SSP2
- Today (2025)
- 53,816 people
- By 2030
- 57,857 · +7.5%
- By 2040
- 63,933 · +18.8%
- By 2050
- 69,676 · +29.5%
- By 2075
- 77,018 · +43.1%
- By 2100
- 82,078 · +52.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (65%)
- Race & ethnicity
- White 65% Black 15% Asian 9% Hispanic / Latino 7% Two or more races 7%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Romanian 3% Italian 2% Slovak 2%
- Foreign-born
- 13% · Canada, China, South Korea
- Languages at home
- 83% English-only · Spanish 4% Other Indo-European 3% Chinese 3%
Political lean MEDSL · Charlottesville
- 2024 margin
- Solid D (+68.7) · D 83.4% · R 14.7% · Other 1.9%
- 2008→2024 swing
- +10.7pp toward D · 2008: 58.0pp · 2024: 68.7pp
- All cycles
- 2024: D+68.7 2020: D+72.7 2016: D+67.1 2012: D+53.4 2008: D+58.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -448.28%
- Current HPI
- 306.8503
- Rent YoY
- ▲ 4.49%
- Metro
- Charlottesville, VA
- State GDP YoY
- ▲ 2.40%
- F500 in state
- 50
Industry mix (Fortune 500 HQ in VA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 4 | $236B |
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| Technology / Defense | 3 | $32B |
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| Financial Services | 2 | $176B |
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| Utilities | 2 | $27B |
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| Insurance | 2 | $25B |
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| Technology | 2 | $15B |
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Price history
+127.4% since first listed15 events — show timeline
- 2026-05-23 Pending — CAAR
- 2026-05-15 Contingent — CAAR
- 2026-05-05 Listed $307,000 CAAR
- 2026-05-03 Coming Soon $307,000 CAAR
- 2022-07-15 Sold (Public Records) $251,000 Public Records
- 2022-07-15 Sold (MLS) $251,000 CAAR
- 2022-06-28 Pending — CAAR
- 2022-06-24 Listed $245,000 CAAR
- 2022-05-04 Sold (Public Records) $135,000 Public Records
- 2022-05-04 Sold (MLS) $135,000 CAAR
- 2022-04-13 Pending — CAAR
- 2022-04-05 Listed $165,000 CAAR
- 2019-05-08 Sold (Public Records) $80,000 Public Records
- 2000-01-14 Sold (Public Records) $155,000 Public Records
- 1979-07-02 Sold (Public Records) $135,000 Public Records
Property tax history
+8.3%/yrLatest (2026): $2,547 · +3.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…