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Duplex Residential Income Property
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Pending

313 Wolfe Street, Fredericksburg, VA 22401

Duplex configured as two residential units with separate living, dining, and kitchen areas on lower levels.

Days on Market111

Property Features for 313 Wolfe Street

General Information

Standard status Pending
Property subtype Special Purpose
Zoning CD

Additional Details

Multifamily Units 2
Listing Agency: Century 21 Redwood Realty Fredericksburg
Listed By: Suzy Stone · License #VA
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 30 at 3:38AM

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 Century 21 Redwood Realty Fredericksburg

Investment Insights

Based on property information with market context.

This duplex home is currently set up as left and right residential units. Each side includes an upper-level layout with three bedrooms and a full bath, while the lower levels feature a living room, dining room, and full kitchen. There is a door on each level that connects between the units, supporting the existing side-by-side configuration. Off-street parking is provided via a driveway.

The property is described as conveniently located about a block from the courthouse, the VRE, and the post office.

The home’s duplex arrangement and unit layouts are already in place, with a consistent mirrored design between the left and right sides.

Key Highlights

  • Duplex configured as two residential units with separate living, dining, and kitchen areas on lower levels
  • Upper level includes 3 bedrooms and a full bath on both sides of the duplex
  • Each level has a door between the units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,879
Businesses Nearby

Demographics for 22401, VA

27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex configured as two residential units with separate living, dining, and kitchen areas on lower levels.
Where is this duplex located?
The property is located at 313 Wolfe Street Fredericksburg, VA.
What are key features of this property?
This property features: Duplex configured as two residential units with separate living, dining, and kitchen areas on lower levels; Upper level includes 3 bedrooms and a full bath on both sides of the duplex; Each level has a door between the units
More about this property
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