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About This Home

This 5-bedroom, 4-bathroom multi-family at 442 FIRST ST in Shenandoah, VA is listed for $599,000 ($193 per sqft). Built in 1933, the home offers 3,100 sqft of living space on a 0.09 acres lot.

Agent Description

Welcome to the Depot at Shenandoah! A strong investment opportunity in the heart of Shenandoah. This multi-use building has been fully renovated and is currently operating as 3 separate short term rentals. The property generated over $60k in gross income in 2024 and over $65k in 2025.

Mixed use zoning allows for residential and commercial use. Superhost status with 4.98 stars and over 150 reviews on Airbnb & VRBO. Primed for Shenandoah National Park enthusiast, the property is centered directly between the Swift Run Gap and Thornton Gap Park entrances.

Located across from a historic railyard and the Shenandoah Museum and Welcome Center. Less than 1 mile from public access to the Shenandoah River. Many other attractions nearby: Massanutten Four Seasons Resort, Luray Caverns, George Washington National Forest, Lake Arrowhead and more! Enjoy tubing, canoeing, kayaking or fishing by visiting Shenandoah River Adventures (less than 1 mile away).

Key Features

  • Built in 1933
  • 0.09 acre lot

Property Details

4 full
1933

Amenities

Hardwood

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

442 FIRST ST

Shenandoah, VA 22849

Property Details

Flooring

CarpetHardwoodTileTile - CeramicVinyl

Construction

BrickStucco

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Heat PumpZoned

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 442 FIRST ST is listed at $599,000 ($193/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.

Key features include: Built in 1933, 0.09 acre lot.

This property is listed by Brad Reese and can be reached at 5405781494 or brad.reese@outlook.com.

BR

Brad Reese

Agent at Melinda Beam Shenandoah Valley Real Estate

(540) 578-1494

Listed by Melinda Beam Shenandoah Valley Real Estate · View on Broker Site

MLS# 674462· Source: listhub· Updated 76 days ago

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

442 FIRST ST, Shenandoah, VA 22849

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