Two-Unit Multifamily
For Sale
Contact for pricing
210 Third Avenue, Quantico, VA 22134
Two-unit income property offered for sale, suitable for landlords or owner-occupants seeking rental flexibility.
Property Size4,839 SF
Price / SF$152.92
Days on Market147
Property Features for 210 Third Avenue
General Information
Standard status
Active
Size
4,839 SF
Property subtype
Multifamily
Zoning
Town Residential
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$55,273
Additional Details
Multifamily Units
2
Building Details
Units
2
Tenancy
Single
Listing Agency:
Mid-Atlantic Real Estate Investments Inc.
Listed By:
Kevin Sills · License #0225110225
Source:
Crexi
Added: Jun 11
Changed: Oct 25
Last Checked: Nov 3 at 6:46AM
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 Mid-Atlantic Real Estate Investments Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a two-unit multifamily duplex configured as residential income housing. It includes two separate units within one building, offering a straightforward structure for tenants and ownership that want a smaller-scale rental setup.
The duplex is located at 210 Third Avenue in Quantico, Virginia. As a residential income property, it is positioned for buyers looking to own a compact multifamily asset in a convenient, established setting.
For prospective tenants and buyers, the two-unit layout can support multiple occupancy needs without requiring the complexity of a larger apartment building. It may also appeal to owner-occupants who want to live in one unit while renting the other, or to investors seeking a manageable number of units to oversee. With the property offered for sale as a two-unit multifamily, it is a practical option for those looking for a residential income asset with a clear, limited footprint.
The duplex is located at 210 Third Avenue in Quantico, Virginia. As a residential income property, it is positioned for buyers looking to own a compact multifamily asset in a convenient, established setting.
For prospective tenants and buyers, the two-unit layout can support multiple occupancy needs without requiring the complexity of a larger apartment building. It may also appeal to owner-occupants who want to live in one unit while renting the other, or to investors seeking a manageable number of units to oversee. With the property offered for sale as a two-unit multifamily, it is a practical option for those looking for a residential income asset with a clear, limited footprint.
Key Highlights
- Two‑unit multifamily income property
- Offered for sale, suitable for landlords or owner‑occupants seeking rental flexibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,056
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,120
$1.3M
Cap Rate 7%
$929,371
$929.4K
Cap Rate 9%
$722,844
$722.8K
Market Conditions
NOI Build-Up for 4,839 SF
Gross rent
$121.9K $25.20/SF
− Vacancy
−$3.7K −$0.76/SF
EGI
$118.3K $24.44/SF
− OpEx
−$53.2K −$11.00/SF
NOI
$65.1K $13.44/SF
Area
Prince William County, VA
Vacancy
3.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,120
Cap Rate 7%
$929,371
Cap Rate 9%
$722,844
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$913.2K – $1.22M
NOI $73,055 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$929.4K
$813.2K – $1.08M
NOI $65,056 @ 7.0% cap · market cap 8.79%
Theoretical Best
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,479 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
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Business Placement
Demographics for 22134, VA
7,357
Population
1,651
Households
4.5
Avg Household Size
24
Median Age
54%
College-Educated
98%
High-School Grad
47.1 sq mi
ZIP Area
156
Density / Sq Mi
$67,965
Median Household Income
$30,896
Median Earnings
$2,263
Median Rent
$237,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property offered for sale, suitable for landlords or owner-occupants seeking rental flexibility.
Where is this duplex located?
The property is located at 210 Third Avenue Quantico, VA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Two‑unit multifamily income property; Offered for sale, suitable for landlords or owner‑occupants seeking rental flexibility
