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40 South Ave

Harrisonburg, VA 22801

3 bd 2 ba 1,004 sqft Built 1986 condos
Most recent sale
$113,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2025 Sold $140,000 Charlottesville
Dec 5, 2024 Listed $129,000 Charlottesville
Apr 15, 2022 Sold $113,000 MLS #627878
Mar 21, 2022 Listed $115,000 MLS #627878

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1986
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,004 sqft
Lot size
ZIP code
22801
City
Harrisonburg
Street
South Ave
Coordinates
38.43493, -78.88338

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$678
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 South Ave last sell?
40 South Ave most recently sold on Apr 15, 2022 for $113,000.
What is the current tax assessment for 40 South Ave?
No tax-assessment history is recorded for this parcel.
When was 40 South Ave built?
40 South Ave was built in 1986.
How does 40 South Ave compare to others on South Ave?
We track 8 other properties on South Ave. Browse the list under "Other properties on South Ave" to compare beds, baths, and sale history.
What are the property facts for 40 South Ave?
40 South Ave is a 3 bed, 2 bath, 1,004 sqft condos.
Is 40 South Ave a flip candidate?
No — 40 South Ave does not appear in our flips dataset.
Is 40 South Ave a tax-appeal candidate?
No — 40 South Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$305.5K
2026 Q4
$301.1K
ZIP 22801 — Median Price History + Forecast

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