A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
2403 Avalon Woods Dr, Harrisonburg, VA 22801 • $319,000
MLS# 668295 • For Sale
| Subdivision: | Avalon Woods |
| Area: | Harrisonburg |
| Heating: | Central Heat, Forced Air, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 2003 (22 years old) |
| Lot Size: | 0.05 acres |
| Association Fee: | $100 |
| Days on Market: | 7 (since Aug 25, 2025) |
| Listing By: | Real Broker LLC |
Welcome to this beautifully updated interior-unit townhouse with modern finishes and a flexible layout. The main level features luxury vinyl plank flooring throughout (installed last year), a spacious living room, a full bathroom, and a kitchen with brand-new appliances installed less than two weeks ago. Upstairs, you’ll find three comfortable bedrooms and another full bathroom. The fully finished basement offers incredible versatility with a second kitchen, a full bathroom, and a washer/dryer combo unit—perfect for an in-law suite, or extended family living. With fresh paint throughout and thoughtful updates, this home is truly move-in ready. Schedule your showing today!
| Elementary School: Stone Spring | Middle School: Skyline | High School: Harrisonburg |
Sample Avalon Woods Investment Analysis....
| Property Details | ||
| Purchase Price | $275,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,300 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $14,976 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,475 | estimate based on median sales price |
| Repairs | $650 | estimate based on typical property condition |
| Association Dues | $600 | estimated to be $50 per month |
| Property Management | $0 | assuming self management |
| Insurance | $990 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,815 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $14,976 | |
| - Operating Expenses | - $4,815 | |
| Net Operating Income | $10,161 | |
| - Annual Debt Service | - $18,696 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-8,535 | |