A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
1218 Poplar Cir, Harrisonburg, VA 22802 • $377,000
MLS# 669661 • For Sale
| Subdivision: | Harmony Heights |
| Area: | Harrisonburg |
| Garage: | 1-Car Garage |
| Heating: | Electric, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 1995 (30 years old) |
| Lot Size: | 0.28 acres |
| Days on Market: | 20 (since Oct 2, 2025) |
| Listing By: | Funkhouser Real Estate Group |
This brick-front duplex in the desirable Harmony Heights subdivision is a rare find, combining modern comfort with outstanding investment potential, all with no HOA fees. Offering 4 bedrooms and 3 full bathrooms, the home is thoughtfully designed for easy main-level living with a spacious primary suite featuring a walk-in closet and attached full bath. Downstairs, the beautifully finished basement not only provides extra living and storage space but also opens the door to income potential, as R3 zoning allows the lower level to be rented as a separate unit—ideal for generating steady rental income, hosting long-term tenants, or even creating an in-law suite. The property is clean, well-maintained, and move-in ready, with a generous backyard perfect for outdoor enjoyment. Nestled on a quiet cul-de-sac in the City of Harrisonburg, this home offers both convenience and versatility, located just minutes from schools, shopping, dining, and major commuter routes. Whether you’re searching for a primary residence with flexible space or an investment opportunity with strong returns, this property delivers the best of both worlds.
| Elementary School: Bluestone | Middle School: Thomas Harrison | High School: Harrisonburg |
Sample Harmony Heights Investment Analysis....
| Property Details | ||
| Purchase Price | $350,250 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,300 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $14,976 | |
| Expense (Annual) | ||
| Real Estate Taxes | $3,152 | estimate based on median sales price |
| Repairs | $650 | estimate based on typical property condition |
| Association Dues | $540 | estimated to be $45 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,261 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $5,703 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $14,976 | |
| - Operating Expenses | - $5,703 | |
| Net Operating Income | $9,273 | |
| - Annual Debt Service | - $23,808 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-14,535 | |