562 CLEVELAND AVE, CHARLOTTESVILLE, VA 22903
CLEVELAND HEIGHTS · CHARLOTTESVILLE CITY County
Key Facts
Description
The Perfect Charlottesville Property to Build Wealth. This three-bedroom, three-bathroom townhome on Cleveland Avenue is the ultimate real estate strategy for a student or a local professional looking to get ahead financially. By living in one bedroom and renting out the other two, you create an immediate stream of income. Because every single bedroom in this home has its own dedicated bathroom, your roommates get the total privacy they want, and you get the seamless house hacking experience you need to live with minimal out-of-pocket expenses. Positioned right in Charlottesville City, this location keeps you connected to everything that matters. The close proximity to campus makes for an effortless commute for students, healthcare workers, or university staff. You are also just minutes away from the area's best dining and shopping, making it an incredibly easy place to attract reliable, high-quality renters who want to be near the action. Charlottesville is a consistently strong, growing market, and buying a property like this is about securing a serious foothold in a growing market, build long-term wealth, and let your roommates pay your mortgage.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Structure Type
House
Year Built
2008
Living Area
1,296 sq ft
Lot Size
0.11 acres
Days on Market
5
MLS® Listing#
679395
Property Features
Appliances
Cooling
Heating
Flooring
Laundry
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
- Main
- Main
- Dining RoomMain
- KitchenMain
- Laundry
- Living RoomMain
Schools
- Elementary:
- JACKSON-VIA
- High:
- CHARLOTTESVILLE
- District:
- CHARLOTTESVILLE CITY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$3,095
Tax year 2026
Directions
From Downtown Charlottesville Head south on 5th St SW. Turn Right on to Cleveland Ave, left at the fork. Follow Cleveland Ave, home on the left.
Affordability Calculator
$67,000
Estimated monthly payment
$1,783/mo
Principal $268,000 · Est. interest $373,884 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CHARLOTTESVILLE, VA
- $564,029
- Median Listing Price
- 54
- Median Days on Market
- 2,168
- Median Sq Ft
- $272
- Median Price / Sq Ft
- 452
- Active Listings
- This home’s price is 41% below the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CHARLOTTESVILLE, VA.
Location
Points of Interest in CHARLOTTESVILLE, VA
Showing the CHARLOTTESVILLE area map.
Nearby Schools
Jackson Via Elementary School
Elementary · 0.2 mi away
Johnson Elementary School
Elementary · 0.4 mi away
Buford Middle School
Secondary · 0.8 mi away
Blue Ridge Juvenile Detention
School · 0.9 mi away
Peabody School
Secondary · 1.0 mi away
University of Virginia Neu
Secondary School · 1.4 mi away
The Covenant School
School · 1.4 mi away
Molly Michie Preschool
School · 1.4 mi away
Monticello High School
Secondary · 1.5 mi away
Venable Elementary School
Elementary · 1.5 mi away
Park Street Academy
School · 1.5 mi away
Tandem Friends School
Secondary · 1.6 mi away
Montessori School of Charlottesville
Elementary · 1.6 mi away
Clark Elementary School
Elementary · 1.6 mi away
Renaissance School
Secondary · 1.7 mi away
Village School
School · 1.7 mi away
International School of Charlottesville
Elementary · 1.7 mi away
Orion Academy School
School · 1.8 mi away
Burley Middle School
Secondary · 1.8 mi away
University Montessori School
School · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 767 DENALI WAY 308, CHARLOTTESVILLE, VA | $239,900 | 4 | 4 | 1,400 |
| 1354 VILLA WAY D, CHARLOTTESVILLE, VA | $245,000 | 3 | 2 | 1,130 |
| 235 YELLOWSTONE DR 102, CHARLOTTESVILLE, VA | $245,000 | 4 | 4 | 1,450 |
| 1223 VILLA LN A, CHARLOTTESVILLE, VA | $246,000 | 3 | 2 | 1,220 |
| 4694 WATTS PASSAGE, CHARLOTTESVILLE, VA | $247,500 | 3 | 1 | 960 |
| 765 DENALI WAY 002, CHARLOTTESVILLE, VA | $249,000 | 4 | 4 | 1,450 |
Moving Cost Estimate
EXIT Agents in CHARLOTTESVILLE
Listing Courtesy: COMPASS-Avenue - 4342708839