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3 Beds
3 Baths
1,296 sqft

$335,000

562 CLEVELAND AVE, Charlottesville VA, 22903

Price per sqft$258.49
Built in2008
Property size1,296 sqft
Property typeResidential

Overview

Active

Listed Jul 10, 2026

Updated Aug 12

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.

$2,229/mo

Est. mortgage payment based on a $335,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
679395

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$3,095
Tax Frequency
Annually
View
Yes
MLS provider logo

Courtesy of CRAIG MASSIE with COMPASS-Avenue
Listing Contact: 434-227-6917 

Based on information from Charlottesville Area Association of REALTORS® as of 8/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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