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$2,600,000

  • Sold
  • Closed
  • Apartment
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Included in this sale are 2 buildings with 6 townhouse units each. The buildings exteriors have new windows, doors, siding, fencing, and paved parking. Each unit is comprised of 2 bedrooms and 1.5 baths. 11 of the units have been fully updated throughout. New additions included but not limited to hvac, washer dryer hook ups, new hot water heaters, and LVP . Currently running at full occupancy with all tenants in good standing.

Full Property Details for 525 Gray Ave

General

  • Sold For: $2,600,000
  • Taxes: $11,269 (2025)
  • Status: Closed
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAWI2009992
  • Added to Site: 13 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Luxury Vinyl Plank

Parking

  • Total Spaces: 24
  • Parking Type: Parking Lot, On Street

Location

  • County: WINCHESTER CITY
  • Driving Directions: West on National Ave Right on Gray Ave Left into parking lot.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Foundation: Block
  • Roof: Architectural Shingle
  • Doors: Insulated
  • Stories/Levels: 2
  • Building Size: 8192
  • Sq. Ft. Source: Assessor
  • Year Built: 1985
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Size (Sq. Ft.): 21,693
  • Lot Size Source: Assessor
  • Zoning: HR1
  • Lot Description: Level, No Thru Street, Front Yard

Financial Considerations

  • Price Per Sq. Ft.: $354
  • Operating Expenses: $33,500
  • Assessment Year: 2025
  • City/TownTax: $11,269
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,417,500
  • Tax Amount: $11,269
  • Tax Year: 2025
  • Owner Pays: Sewer, Trash Collection, Water, Taxes - Real Estate, Lawn/Shrub Care, Common Area Maintenance, Insurance, Snow Removal

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 7A

Listed by Samson Properties, Joshua Jenkins
Sold by Weichert, REALTORS, Christana Ross and Weichert, REALTORS, Elena H Mattie

Listing agent

— 525 Gray Ave —

  • Joshua Jenkins

    Samson Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 525 Gray Ave

School District:Winchester City Public Schools
NameGradesDistance
Virginia Ave. Charlotte Dehart Elementary School
550 Virginia Avenue, Winchester, VA 22601
PK-40.3 mi
Daniel Morgan Middle School
48 South Purcell Avenue, Winchester, VA 22601
7-80.8 mi
John Handley High School
425 Handley Boulevard, Winchester, VA 22601
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 525 Gray Ave

Date
Details
Price
Change
Source
3/02/2026
Sold
$2,600,000
-10.34%
MLS
2/18/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Samson Properties, Joshua Jenkins
Sold by Weichert, REALTORS, Christana Ross and Weichert, REALTORS, Elena H Mattie

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111 Stearns Dr, Stephens City, VA 22655 - Photo 1 Price Reduced
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525 Gray Avenue, Winchester, VA 22601 (MLS# VAWI2009992) is a Apartment property that was sold at $2,600,000 on March 02, 2026. Want to learn more about 525 Gray Avenue? Do you have questions about finding other Apartment real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.