# 540 MONTICELLO Street, WINCHESTER, VA 22601

> **TL;DR:** residential multi family, $605,000 ($138/sqft), built 1956, 4,396 sqft. Est. $2,622/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $605,000 |
| Price/sqft | $138 |
| Square Feet | 4,396 |
| Year Built | 1956 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,622 |
| **Total** | **$2,622** |

## Nearby Schools

- **High:** CALL SCHOOL BOARD

## Property Highlights

- Built in 1956
- 0.09 acre lot
- 5 parking spaces

## Description

### Agent Description
Welcome to 540 Monticello Street, a turnkey Multi-Unit Investment Opportunity in Prime Downtown Winchester Location! Presenting a Triplex in the heart of Downtown Winchester-a rare opportunity for investors seeking strong cash flow in a highly desirable and commuter-friendly location. Just minutes from I-81 and I-66, and less than an hour from Northern Virginia, this property offers convenience, charm, and long-term value. The building features two 2-Bedroom, 1-Bath Units - Each offers large Kitchens, updated finishes, and their own Laundry Rooms. One of the units is ground level, and the other 2nd-Level unit has access to its own deck space. The largest unit of the three features two finished levels, connected with an interior staircase, 5-Bedrooms, 2 Full Baths, 2 Living Rooms, a Full kitchen, Laundry, and access to it's own private patio & deck. It's a unique two-level layout, perfect for multi-tenants and/or premium rental rates. Recent renovations throughout the last few years include: Luxury vinyl plank (LVP) flooring, fresh paint, and updated kitchens and baths Newer appliances in each unit The roof less than 3 years old New HVAC installed (2025) Designated parking for all units With all units currently leased, this is a true turnkey investment with reliable income and minimal immediate maintenance needs. This well-maintained building features three fully occupied units, bringing in a current gross annual rental income of $45,300. Whether you're looking to grow your portfolio or occupy a unit while renting the others, or the potential for a short-term rental, this property checks all the boxes!

## Location

- **Address:** 540 MONTICELLO Street, WINCHESTER, VA 22601
- **County:** WINCHESTER CITY
- **Coordinates:** 39.14512, -78.18863
- **Google Maps:** https://www.google.com/maps?q=39.14512,-78.18863

## Listing Agent

- **Name:** Laura King
- **Brokerage:** MarketPlace REALTY
- **Phone:** 5404098683
- **Email:** laura@mympr.com

## Primary Photo

![540 MONTICELLO Street - Primary Photo](http://lh.rdcpix.com/d1db8aa26641654aca8a4ad4f2673ef5l-f74363027r.jpg)

*69 total photos available on [listing page](https://www.propertysimple.com/listing/540-monticello-street-winchester-va-22601-i2009974)*

---

**MLS#:** VAWI2009974 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/540-monticello-street-winchester-va-22601-i2009974)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "540 MONTICELLO Street, WINCHESTER, VA 22601",
  "description": "Welcome to 540 Monticello Street, a turnkey Multi-Unit Investment Opportunity in Prime Downtown Winchester Location! Presenting a Triplex in the heart of Downtown Winchester-a rare opportunity for investors seeking strong cash flow in a highly desirable and commuter-friendly location. Just minutes from I-81 and I-66, and less than an hour from Northern Virginia, this property offers convenience, charm, and long-term value. The building features two 2-Bedroom, 1-Bath Units - Each offers large Kit",
  "url": "https://www.propertysimple.com/listing/540-monticello-street-winchester-va-22601-i2009974",
  "image": "http://lh.rdcpix.com/d1db8aa26641654aca8a4ad4f2673ef5l-f74363027r.jpg",
  "datePosted": "2026-04-24",
  "price": 605000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "540 MONTICELLO Street",
    "addressLocality": "WINCHESTER",
    "addressRegion": "VA",
    "postalCode": "22601",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.14512,
    "longitude": -78.18863
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 4396,
    "unitCode": "FTK"
  },
  "yearBuilt": 1956
}
```