Two-Home Duplex
For Sale
$589,000
17423 & 17419 WILSON Street, Dumfries, VA 22026
Multi-Family, DUMFRIES, VA
Property Size1,844 SF
Lot Size0.62 Acres
Price / SF$319.41
Days on Market122
Property Features for 17423 & 17419 WILSON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room
Parking
5
Parking features
Driveway
Interior features
Combination Kitchen/Dining
Appliances
Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Electric, Refrigerator, Exhaust Fan
Subdivision
POSSUM POINT
Elementary school
SWANS CREEK
Middle school
POTOMAC
High school
POTOMAC
Elementary school district
PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
Middle school district
PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
High school district
PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
1,844 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Annual Amount
4118
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Number of units
2
Building materials
Wood Siding
Architectural style
Ranch
Listing Agency:
Keller Williams Realty
(703) 679-1700
Listed By:
Viktorija Piano · License #0225220223
(571) 241-5807
Added: May 1
Changed: Aug 19
Last Checked: Aug 30 at 9:06AM
MLS# VAPW2118338
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property consists of two detached homes on one parcel totaling 1,844 square feet. The residence at 17419 Wilson St has 3 bedrooms, 1 full bath, and an unfinished basement with exterior access. The home at 17423 Wilson St includes 2 bedrooms and 1 full bath. Both dwellings feature updated kitchens, renovated bathrooms, new flooring and carpet, and additional interior and exterior improvements. Central air, forced-air heating, wood siding, and driveway parking are also included.
The 0.62-acre parcel is zoned R-10 in Prince William County, with a 10,000 sq ft minimum lot size. The existing two-dwelling arrangement is recognized as a legal nonconforming use. Electrical and gas service are separately metered for each home, while water is shared. The property is located near I-95, Route 1, Quantico Marine Base, The Rose Gaming Resort, and the future Potomac Shores VRE Station. Buyers should verify zoning, subdivision, and future development potential.
The 0.62-acre parcel is zoned R-10 in Prince William County, with a 10,000 sq ft minimum lot size. The existing two-dwelling arrangement is recognized as a legal nonconforming use. Electrical and gas service are separately metered for each home, while water is shared. The property is located near I-95, Route 1, Quantico Marine Base, The Rose Gaming Resort, and the future Potomac Shores VRE Station. Buyers should verify zoning, subdivision, and future development potential.
Key Highlights
- Two detached homes on one legal parcel totaling 1,844 square feet
- 0.62‑acre lot with R‑10 zoning and a 10,000 sq ft minimum lot size
- 17419 Wilson St: 3 bedrooms, 1 full bath, and unfinished basement with exterior access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,839
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,780
$556.8K
Cap Rate 7%
$397,700
$397.7K
Cap Rate 9%
$309,322
$309.3K
Market Conditions
NOI Build-Up for 1,844 SF
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.
Gross rent
$40.9K $22.20/SF
− Vacancy
−$1.2K −$0.63/SF
EGI
$39.8K $21.57/SF
− OpEx
−$11.9K −$6.47/SF
NOI
$27.8K $15.10/SF
Area
Prince William County, VA
Vacancy
2.85%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,780
Cap Rate 7%
$397,700
Cap Rate 9%
$309,322
Alternative Uses
Best Use
Multifamily LT 5
$397.7K
$348.0K – $464.0K
NOI $27,839 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$354.2K
$309.9K – $413.2K
NOI $24,791 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$541.6K
$473.9K – $631.8K
NOI $37,909 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 22026, VA
20,225
Population
6,648
Households
3
Avg Household Size
33
Median Age
38%
College-Educated
91%
High-School Grad
8.4 sq mi
ZIP Area
2,408
Density / Sq Mi
$114,512
Median Household Income
$51,017
Median Earnings
$1,802
Median Rent
$436,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The property has R-10 zoning, two detached dwellings, and separate electrical and gas meters.
Where is this duplex located?
The property is located at 17423 & 17419 WILSON Street Dumfries, VA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two detached homes on one legal parcel totaling 1,844 square feet; 0.62‑acre lot with R‑10 zoning and a 10,000 sq ft minimum lot size; 17419 Wilson St: 3 bedrooms, 1 full bath, and unfinished basement with exterior access
