20738 Monrovia Road
ORANGE, VA 22960
- – beds
- – baths
- 2,600 sqft
- ~17 acre lot
- $361 per sqft
- 1960 build
This unique homestead is a perfect investment opportunity for an extended family or rental property investor. Two families can pool their funds and have two separate units for independent living. Owners have fully remodeled the multi-family home, which has a 2 bedroom unit on the main level plus a bonus room and a 3 bedroom unit plus a bonus room on the upper level. Living space is approximately 1,400 sf on upper level and 1,200 sf on lower level. Everything is brand new including stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, well and 10 person septic. It has been freshly painted and is move in ready! With today's demand for rental properties, this building is a cash cow! Two rental units available and everything is brand new so there shouldn't be any immediate maintenance needs. Plus, the property has 17 acres, which can be subdivided. You can build more rental properties or sell the extra land for immediate revenue. This home is conveniently located near Lake Orange, Lake Anna and the Town of Orange. Seller has put a lot of sweat equity into the renovation and is ready to make a deal! Check this one out today.
Last checked:
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Last updated Apr 27, 2025
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MLS# VAOR2009508 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1960
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Year Built Source:Assessor
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Year Major Reno/Remodel:2025
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New Construction:No
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Construction Materials:Block
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Building Units Total:2
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Structure Type:Other
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Historic:No
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Architectural Style:Dwelling w/Separate Living Area
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Accessibility Features:None
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Basement:No
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Partially Carpeted
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2600
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Living Area SqFt:2,600 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Farm Credit Service, VA, FHA
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Possession:Settlement
Location
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Directions:From Route 20: Turn on Monrovia Rd across from Dawson's Exxon follow to building on right with realtor sign From Route 522 headed south towards Mineral: Turn right on Monrovia Rd. Make a left at stop sign on Monrovia Rd. About 3-5 miles, property will be on left with realtor sign
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Latitude:38.16429246
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Longitude:-78.01327414
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:17.11
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Lot Size Source:Estimated
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Lot Features:Front Yard, Level, Partly Wooded, Rear Yard, Road Frontage, Rural, SideYard(s), Subdivision Possible
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Lot SqFt:745,311 Sqft
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Zoning:A
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Road Surface Type:Tar and Chip
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Road Responsibility:Public
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:017
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (540) 219-3646
- Office phone:
- (540) 895-9000
Taxes
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Tax ID Number:0720000000003A
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Tax Year:2022
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Tax Lot:3A
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Tax Annual Amount:$935
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Tax Assessed Value:$124,700
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Year Assessed:2022
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County Tax:935.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Ductless/Mini-Split
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Other
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Heating Fuel:Electric
Utilities
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Sewer/Septic:On Site Septic
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Hot Water:Electric
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Water Source:Well
Appliances
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Appliances:Dishwasher, Refrigerator, Stainless Steel Appliances, Stove
Schools
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High School:ORANGE CO.
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School District Name:Orange County Public Schools
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School District Source:3rd Party
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:No
Parking
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Garage:No
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Type of Parking:Driveway
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Parking Features:Gravel Driveway
Extra Units
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/27/25
Apr 27, 2025
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Listed / Active | BRIGHT | $940,000 |