5-Unit Apartment
For Sale
Contact for pricing
1117 Caroline St, Fredericksburg, VA 22401
Two-story rental property with tenant-paid electricity and owner-covered gas, water, sewer, and trash.
Property SizeContact for details
Lot Size0.13 Acres
Days on Market143
Property Features for 1117 Caroline St
General Information
Standard status
Active
Lot size
0.13 Acres
Property subtype
Multifamily
Units
Unit Mix
5 x 1BR/1BA
Multifamily Units
5
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1889
Buildings
1
Stories
2
Listing Agency:
Marcus & Millichap - Richmond
(919) 710-6400
Listed By:
Theo Jolley · License #0225248795
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Richmond
Investment Insights
Based on property information with market context.
This Fredericksburg apartment property contains five one-bedroom, one-bath units within a two-story building constructed in 1889. The site encompasses approximately 0.13 acres. Residents pay their own electricity, while ownership provides gas, water, sewer, and trash service.
Located at 1117 Caroline St, the property places tenants near restaurants, retail, entertainment, and shopping. Fredericksburg’s historic setting also provides access to colonial and Civil War landmarks, while the city lies between Richmond and Washington, D.C.
Located at 1117 Caroline St, the property places tenants near restaurants, retail, entertainment, and shopping. Fredericksburg’s historic setting also provides access to colonial and Civil War landmarks, while the city lies between Richmond and Washington, D.C.
Key Highlights
- Five one‑bedroom, one‑bathroom apartments in a single two‑story building
- Building constructed in 1889 on +/- 0.13 acres
- Tenants pay electricity; ownership covers gas, water, sewer, and trash
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 22401, VA
27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story rental property with tenant-paid electricity and owner-covered gas, water, sewer, and trash.
Where is this apartment building located?
The property is located at 1117 Caroline St Fredericksburg, VA.
What are key features of this property?
This property features: Five one‑bedroom, one‑bathroom apartments in a single two‑story building; Building constructed in 1889 on +/- 0.13 acres; Tenants pay electricity; ownership covers gas, water, sewer, and trash
