Duplex on One
17423 Wilson Street Dumfries, VA 22026
17423 Wilson Street, Dumfries, VA, 22026
$599,999
For Sale
$599,999
Two detached homes on a single lot are currently rented, producing approximately $4,300 per month in gross income.
Property Size1,844 SF
Lot Size0.62 Acres
Price / SF$325.38
Days on Market86
Property Features for 17423 Wilson Street
General Information
- Standard status
- Active
- Size
- 1,844 SF
- Lot size
- 0.62 Acres
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agency
Keller Williams Realty
(571) 241-5807
Listed by
Viktorija Piano · License #0225220223
(571) 241-5807
Source
Compass
Added: Apr 29 Updated: Jul 22 at 11:53PM Checked: Jul 22 at 11:53PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This property consists of one parcel with two detached homes recognized as legal nonconforming (grandfathered) use, with two separate USPS addresses: 17419 Wilson St and 17423 Wilson St. 17419 Wilson St includes 3 bedrooms, 1 full bath, and an unfinished basement with exterior access. 17423 Wilson St includes 2 bedrooms and 1 full bath. Both homes are currently rented.
The homes have been extensively updated with 25+ renovations completed in the last 9 months, including renovated bathrooms and updated kitchens, new flooring and carpet, and new HVAC systems for each home. The roof is reported to be in excellent shape, along with additional interior and exterior improvements. Each unit has its own electrical and gas meter, while water is shared between the two homes.
The property is zoned R-10 in Prince William County and sits on a 0.62-acre lot. It is located near I-95, Route 1, and Quantico Marine Base. Buyer to verify zoning, subdivision, and any future use or development potential.
The homes have been extensively updated with 25+ renovations completed in the last 9 months, including renovated bathrooms and updated kitchens, new flooring and carpet, and new HVAC systems for each home. The roof is reported to be in excellent shape, along with additional interior and exterior improvements. Each unit has its own electrical and gas meter, while water is shared between the two homes.
The property is zoned R-10 in Prince William County and sits on a 0.62-acre lot. It is located near I-95, Route 1, and Quantico Marine Base. Buyer to verify zoning, subdivision, and any future use or development potential.
Key Highlights
- One lot with two detached homes, USPS‑recognized addresses: 17419 Wilson St and 17423 Wilson St
- Both homes are currently rented, generating approximately $4,300/month in gross income
- 17419 Wilson St includes 3 bedrooms, 1 full bath, and an unfinished basement with exterior access
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.9k | $22.20 |
| − Vacancy | −$1.2k | −$0.63 |
| EGI | $39.8k | $21.57 |
| − OpEx | −$11.9k | −$6.47 |
| NOI | $27.8k | $15.10 |
1,844 SF · lease $22.20/SF/yr · vacancy 2.85% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$397.7K
$348.0K – $464.0K
NOI $27,839 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$354.2K
$309.9K – $413.2K
NOI $24,791 @ 7.0% cap · market cap 4.13%
Theoretical Best
Specialty Retail
$541.6K
$473.9K – $631.8K
NOI $37,909 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two detached homes on a single lot are currently rented, producing approximately $4,300 per month in gross income.
Where is this duplex located?
The property is located at 17423 Wilson Street Dumfries, VA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: One lot with two detached homes, USPS‑recognized addresses: 17419 Wilson St and 17423 Wilson St; Both homes are currently rented, generating approximately $4,300/month in gross income; 17419 Wilson St includes 3 bedrooms, 1 full bath, and an unfinished basement with exterior access
