326 10th Street Northwest
100% leased
Marketing description
326 NW 10½ Street is a value-add rental opportunity in 10th & Page, one of Charlottesville's most sought-after rental pockets — within walking distance of UVA Medical Center and minutes from UVA's campus, driving steady, year-round demand from hospital staff, students, and professionals. The property is zoned RN-A under the City's 2024 Development Code, a residential designation that prioritizes neighborhood preservation while still allowing an owner to add density by retaining the existing structure and adding a unit. For an investor, that means a path to expand income on-site — adding an accessory/rear dwelling by right, subject to the code's use-specific standards — without a teardown or rezoning. Pair the unbeatable walk-to-the-hospital location with by-right expansion potential built around the existing home, and you have a durable rental hold with a clear route to added income.
Investment highlights
Investment Highlights
- Irreplaceable rental location — walk to UVA Medical Center, minutes to UVA campus; one of the city's strongest, most resilient rental submarkets.
- Year-round tenant demand — hospital staff, graduate students, and medical professionals drive low-vacancy, recession-resistant occupancy.
- By-right income expansion — add an accessory/rear dwelling unit while retaining the existing structure, no special-use process (confirm owner-occupancy and use-specific standards with the City).
- Affordable-density optionality — RN-A allows up to 6 units where all units meet the code's affordability definition, opening a path for mission-driven or bonus-seeking buyers.
- Stable, preservation-oriented zoning — RN-A's protective framework supports long-term neighborhood stability and rental-value durability.
- Value-add basis —$3600/mo plus rent
- Walkable, transit-served — on a city bus route; minutes to Downtown Mall, West Main, and I-64.
Verification note for the listing: Buyer and buyer's agent to independently verify zoning, permitted unit count, accessory-dwelling standards, owner-occupancy requirements, and all development potential with the City of Charlottesville NDS.
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