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.