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    9459 S Congress St New Market, VA 22844

    For Sale
    $295,000

    Multifamily property in New Market with two units and expansion potential.

    Lot size:
    0.27 Acres

    Property Features for 9459 S Congress St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1936

    Source: Sager Real Estate Agent Cynthia D Hawkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Market Multifamily Investment Property

    This multifamily property features two apartments. The first apartment includes three bedrooms, two bathrooms, a living room, a storage room, a large kitchen with a dining area, and a full bathroom on the main level. The second apartment contains a living room, kitchen, large bedroom, another room, closets, and a full bathroom, with a brick patio at the entrance. Parking is available in the back of the building. A new roof has been installed. There is a large storage area in the back of the front building. A deeded right-of-way easement exists for ingress and parking behind the buildings for properties at 9457, 9459, and 9463 Congress Street. Additional empty space at the back of both properties offers potential for expansion. The property is zoned B1 (General Business) and fronts on Main Street (Congress St) in New Market.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Market
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.6729528
    Latitude
    38.6462026

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    FAQs

    What type of property is this?
    Duplex - Multifamily property in New Market with two units and expansion potential.
    Where is this duplex located?
    The property is located at 9459 S Congress St New Market, VA.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Multi-unit investment property with two apartments (9459 and 9463 Congress St); - Zoned B1 (General Business) on Main Street (Congress St) offering commercial potential; - New Standing Seam Roof recently installed
    (540) 335-9313
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    New Market, VA 22844
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9459 S Congress St New Market, VA 22844
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