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128-130 Summit St, Charlottesville, VA 22903

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For Sale

$309,000

2 beds • 1 baths • 675 sqft

Estimated Payment

$ 1,584 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $457.78
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Unlock the potential of this prime Charlottesville property! The offering is for two tax parcels at 128-130 Summit Street presenting an exceptional redevelopment opportunity in a sought-after location, ideal for multifamily development or other creative uses. Property Highlights: Strategic Location: Situated in a desirable Charlottesville neighborhood, this property offers convenient access to the University of Virginia, downtown amenities, and major transportation routes. Development Potential: Zoned for potential multifamily use, this property offers a blank canvas for investors and developers to create a lucrative residential project. Spacious Lot: The generous lot size provides ample space for a variety of development concepts, including townhomes, apartments, or a mixed-use project. Value-Add Opportunity: Bring your vision and expertise to transform this property into a thriving asset in the Charlottesville real estate market. Ideal for: Developers seeking a prime location for a multifamily project Investors looking for a value-add opportunity in a growing market Builders eager to create high-quality housing in a desirable area Don't miss this chance to capitalize on a prime redevelopment opportunity in Charlottesville!
MLS# 11406794

Courtesy Of Double A Auction & Realty

(434) 294-6093

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Linoleum
  • Heating System
    Forced Air
  • Lot Size
    0.6 Acres
  • Rooms
    Living Room

Map and Directions

Directions to 128-130 Summit St, Charlottesville, VA 22903

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,584
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,584

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Venable Elementary School

Grades PK-4 Public School

Charlottesville, VA 22903 1.6 miles
406 14th st nw

275 total students
11:1 Student teacher ratio

School Rating: A-

School Details

Walker Upper Elementary School

Grades 5-6 Public School

Charlottesville, VA 22903 2.8 miles
1564 dairy rd

628 total students
13:1 Student teacher ratio

School Rating: D

School Details

Burley Middle School

Grades 6-8 Public School

Charlottesville, VA 22903 2.1 miles
901 rose hill dr

607 total students
12:1 Student teacher ratio

School Rating: C-

School Details

Buford Middle School

Grades 7-8 Public School

Charlottesville, VA 22903 1.3 miles
1000 cherry ave

593 total students
11:1 Student teacher ratio

School Rating: D+

School Details

Charlottesville High School

Grades 9-12 Public School

Charlottesville, VA 22901 3.1 miles
1400 melbourne rd

1194 total students
12:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Keys Academy Charlottesville 0.6 miles Private 1-12
Johnson Elementary School 0.8 miles Public PK-4 C
University Montessori School 0.8 miles Private PK-KG
Jackson-via Elementary School 1.1 miles Public PK-4 C
St Anne's-belfield School 1.3 miles Private PK-12
Charlottesville Hospital Education Program 1.4 miles Public PK-12
Montessori School Of Charlottesville 1.6 miles Private PK-KG
Lugo-mcginness Academy 1.6 miles Public UG
Peabody School 1.8 miles Private PK-8
Mountain View Elementary School 2.2 miles Public PK-5 C-
Village School 2.3 miles Private 5-8
Murray 2.3 miles Public 6-12 C+
Renaissance School 2.3 miles Private 8-12
The International School Of Charlottesville 2.4 miles Private PK-3
Monticello Governor's Health Sciences Academy 2.4 miles Public UG
Monticello High School 2.4 miles Public 9-12 C
Clark Elementary School 2.5 miles Public PK-4 D-

Keys Academy Charlottesville

Distance: 0.6 miles

Type Private

Grades: 1-12

Johnson Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-4

C

University Montessori School

Distance: 0.8 miles

Type Private

Grades: PK-KG

Jackson-via Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-4

C

St Anne's-belfield School

Distance: 1.3 miles

Type Private

Grades: PK-12

Charlottesville Hospital Education Program

Distance: 1.4 miles

Type Public

Grades: PK-12

Montessori School Of Charlottesville

Distance: 1.6 miles

Type Private

Grades: PK-KG

Lugo-mcginness Academy

Distance: 1.6 miles

Type Public

Grades: UG

Peabody School

Distance: 1.8 miles

Type Private

Grades: PK-8

Mountain View Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

C-

Village School

Distance: 2.3 miles

Type Private

Grades: 5-8

Murray

Distance: 2.3 miles

Type Public

Grades: 6-12

C+

Renaissance School

Distance: 2.3 miles

Type Private

Grades: 8-12

The International School Of Charlottesville

Distance: 2.4 miles

Type Private

Grades: PK-3

Monticello Governor's Health Sciences Academy

Distance: 2.4 miles

Type Public

Grades: UG

Monticello High School

Distance: 2.4 miles

Type Public

Grades: 9-12

C

Clark Elementary School

Distance: 2.5 miles

Type Public

Grades: PK-4

D-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Charlottesville, VA 22903

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Charlottesville, VA 22903

This community’s employment is highest in the food and education industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
26° January
Coldest Average Month
17,505 Total Households in Area
-0.8% Increase in population since the year 2010
22.4%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Charlottesville, VA 22903

Charlottesville, VA 22903 has a population of 46,868 people in 17,505 households with a median age of 31.7 years old.

-0.8%
Decrease in population
since the year 2010
Population is Trending down
17,354
Total households as of 2010
5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 31.7 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 62%
Asian 15%
Black 12%
Hispanic 7%
Other 3%
Native American <1%
The most prevalent ethnicity is White at 62%, followed by Asian at 15%, Black at 12%, and Hispanic at 7%.

Economics
for Charlottesville, VA 22903

649 /sq mi
Population Density
$81,439 /yr
Median Household Income
$579,890
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 15.15% of the households.

Transportation to Work

  • Drive 61%
  • Walk or Bike 17%
  • Work from Home 14%
  • Public Transit 7%

Occupancy by Type

Rented 10,710 56%
Owned 6,795 36%
Vacant 1,555 8%

White vs Blue Collar Jobs







White Collar 90%
Blue Collar 10%

Family & Education Facts
for Charlottesville, VA 22903

31.7 Median Age

Average Household Size

2.3
persons per
household

33.1%

Married Households

Community Population By Education

Graduate Degree 37%
Bachelors Degree 31%
High School Graduate 12%
Some College 10%
Some High School 6%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 36.64% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22.4% of households have children

Weather
for Charlottesville, VA 22903

The weather for this area ranges from a high of 86° F in July to a low of 26° F in January

86° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
45°
Feb
27°
48°
Mar
34°
57°
Apr
43°
67°
May
52°
76°
Jun
61°
83°
Jul
65°
86°
Aug
63°
85°
Sep
56°
79°
Oct
45°
69°
Nov
36°
58°
Dec
28°
48°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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