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    Three-Unit Multifamily Property Title is generated by Realmo AI

    214 Broadway Street, Quantico, VA 22134

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    For sale three-unit multifamily building, offering an income-focused setup for investors or owner-occupants.

    Type:Multifamily
    Property size:
    3,210 SF
    Price / SF:
    $297/SF
    Added:
    Jun 11, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 20 at 2:54 am

    Property Features for 214 Broadway Street

    General Information

    Standard status
    Active
    Size
    3,210 SF
    Property subtype
    Multifamily

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    Listing Contact
    Kevin Sills

    Listing agent Kevin Sills License #0225110225

    Listing office Mid-Atlantic Real Estate Investments Inc.

    Listing date Jun 11, 2026

    Source Crexi

    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.

    HighLights

    • Three‑unit multifamily building for sale
    • Income‑focused setup for investors or owner‑occupants

    Overview

    This for-sale multifamily property consists of three units in a single building, configured as a triplex. The total property size is listed as 3,210 square feet, providing separate rental spaces under one ownership structure.

    The property is located at 214 Broadway Street in Quantico, Virginia 22134. As a three-unit residential income building, it may appeal to buyers looking to manage multiple tenants within one asset rather than purchasing separate properties.

    With three units in place, this property can support a variety of practical ownership strategies, including an investor targeting rental income from multiple doors or an owner-occupant who may want to live in one unit while renting the others. If you’re evaluating triplex-style acquisitions, this offering provides a straightforward, small-multifamily format centered on maintaining three rentable units within a single address.

    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 $82.8k $25.80
    − Vacancy −$4.8k −$1.50
    EGI $78.0k $24.30
    − OpEx −$23.4k −$7.29
    NOI $54.6k $17.01
    3,210 SF · lease $25.80/SF/yr · vacancy 5.80% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $780.1K
    $682.6K – $910.2K (±1% cap)
    NOI $54,610 @ 7.0% cap · market cap 5.72%
    Second Best
    Apartment 5plus
    $703.0K
    $615.1K – $820.1K (±1% cap)
    NOI $49,207 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Specialty Retail
    $1.78M
    $1.56M – $2.08M (±1% cap)
    NOI $124,805 @ 7.0% cap · market cap 13.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Auto Repair Shop Gym & Fitness Center Hotel & Motel Department Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Quantico
    County
    Stafford
    State
    Virginia
    Longitude
    -77.2897922
    Latitude
    38.5230838

    FAQs

    What type of property is this?
    Triplex - For sale three-unit multifamily building, offering an income-focused setup for investors or owner-occupants.
    Where is this triplex located?
    The property is located at 214 Broadway Street Quantico, VA.
    What is the asking price?
    The asking price for this property is $955,000.
    What are key features of this property?
    This property features: Three‑unit multifamily building for sale; Income‑focused setup for investors or owner‑occupants
    More about this property
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