Description
Exceptional multi-unit apartment opportunity in the true heart of downtown Luray. The upper-level unit has been fully renovated and features two bedrooms, one bathroom, a full kitchen, and a comfortable living area and is being sold fully furnished. The lower-level unit offers two bedrooms, one bathroom, a kitchen, and a living area, providing additional income potential or flexible living arrangements. The property includes a spacious two-story rear deck, offering ample outdoor space for relaxation and convenient access to both units. Zoned B-1, this property presents a wide range of potential uses, making it a perfect investment opportunity. Short term rentals (STRs) are allowed and the upper-level unit is currently being operated as one, while the lower-level unit is rented month-to-month. Ideally situated in downtown Luray and just minutes from the historic Luray Caverns, the Shenandoah River, and the Shenandoah National Park, this property combines location, versatility, value, and investment opportunity. Do not miss this unique opportunity; schedule your showing today.
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4BEDS
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0.05ACRES
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2BATHS
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01/2 BATHS
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2,100SQFT
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$162$/SQFT
Description
Exceptional multi-unit apartment opportunity in the true heart of downtown Luray. The upper-level unit has been fully renovated and features two bedrooms, one bathroom, a full kitchen, and a comfortable living area and is being sold fully furnished. The lower-level unit offers two bedrooms, one bathroom, a kitchen, and a living area, providing additional income potential or flexible living arrangements. The property includes a spacious two-story rear deck, offering ample outdoor space for relaxation and convenient access to both units. Zoned B-1, this property presents a wide range of potential uses, making it a perfect investment opportunity. Short term rentals (STRs) are allowed and the upper-level unit is currently being operated as one, while the lower-level unit is rented month-to-month. Ideally situated in downtown Luray and just minutes from the historic Luray Caverns, the Shenandoah River, and the Shenandoah National Park, this property combines location, versatility, value, and investment opportunity. Do not miss this unique opportunity; schedule your showing today.
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-18T08:54:25.59.