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45 1/2 Race St photo 1
for sale
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$250,000

0beds
|
0baths
|
1,249sqft
|
1931built
45 1/2 Race St,Winchester, VA 22601

Est.$1,644/moCustomize payment

What's special

$200/sqft

Price per square foot

Built in 1931

95 years old

Overview

INVESTORS - at this price you have a fabulous income property with an 11% cap rate. Here's the math - two units renting at $1,250 = $30,000 income. Subtract taxes and insurance = approximately $28,600. This is a great starter property for those looking to build a real estate portfolio or add to an existing one. Both apartments were completely rehabbed last year - new wiring and plumbing, new appliances, including washer and dryer, vinyl plank flooring and fenced backyards. Situated just minutes from the historic Old Town Winchester pedestrian mall and major commuter routes, this is a "set-and-...

Listing updated: July 3, 2026 at 12:56 PM

Listed by:

Teri Domanski 540-687-8067, Your Home Sold Guaranteed Realty - East LLC

Source: Bright MLS · MLS #VAWI2009612Bright MLS

Property details

Cost estimate

Est. monthly payment

$1,441/mo
Principal & interest
$1,311
Property tax
$48
Home insurance (est.)
$83

Down payment

$50,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($50,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jan 15, 2026Listed for sale$250,000

Location

45 1/2 Race St, Winchester, VA 22601

Nearby schools

VA AVE C DEHART

Elementary School

DANIEL MORGAN

Middle School

JOHN HANDLEY

High School

Nearby homes

$250,000

0 beds · 0 baths · 1,249 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 7/3/2026.