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Situated on a RARE nearly 1/2 acre lot, this brick two-unit income property on the Fontaine Avenue corridor has been consistently rented for just over 20 years. Within walking and biking distance of UVA Grounds, Scott Stadium, the UVA Medical Center, and Fontaine Research Park. The property is comprised of a 2,400 sqft 4 BR/2.5 BA main home with hardwood floors throughout and a wood-burning fireplace, as well as a self-contained 2BR/1BA apartment with its own living room and kitchen - each unit separately metered. Units share laundry and can be combined into a single-family residence if preferred. Connected by a covered breezeway is the one-car garage with a bonus room and full bath above. Offstreet parking for 6+ vehicles. The property carries CX-5 (Corridor Mixed Use 5) zoning, designed to encourage higher-intensity, pedestrian-friendly development along key urban corridors. CX-5 permits unlimited residential density, mixed residential and commercial uses, and building heights up to five stories by right - with no minimum lot size and no off-street parking requirements. Turnkey rental now and a fantastic opportunity for an investor with a longer horizon as the lot size and zoning create meaningful options.

Property Details of 2401 Fontaine Avenue

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Listed by GRIER MURPHY of NEST REALTY GROUP

 "Based on information submitted to CAAR - GAAR - HRAR as of May 22, 2026 9:44 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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