Building Details

Building Size 1,221 SF

Year Built 1950

Buildings 3

Units 3

Listing Agency: MarketPlace REALTY i***@aol.com Show Phone

Listed By: Ismael Carino · License #0225062635 Show Phone

Source: Elliman

Added: Aug 2 Changed: Aug 3 Last Checked: Aug 9 at 10:02AM

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Investment Insights

Based on property information with market context.

This multifamily property comprises three detached homes situated on a single parcel. The residences are equipped with central air and heat pumps, while newer roofs provide updated building components. Public water serves the property, and pump-and-haul septic systems are in place for wastewater management. Leases are already in place across the homes, supporting an existing rental configuration.

Built in 1950, the property is located at 437, 441, and 445 Stephenson Road in Stephenson, Virginia. The surrounding area is rated car-dependent, with a Walk Score of 11 and a Bike Score of 12, characterized as somewhat bikeable.

Key Highlights

• Three detached homes on one parcel
• Central air and heat pumps in each home
• Newer roofs across the property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Garden Center Building Supply Kitchen & Bath Showroom Computer & Electronic Repair

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

Explore this area Business Placement

Demographics for 22656, VA

5,454

Population

1,909

Households

2.9

Avg Household Size

37

Median Age

48%

College-Educated

93%

High-School Grad

8.8 sq mi

ZIP Area

620

Density / Sq Mi

$110,903

Median Household Income

$67,317

Median Earnings

$2,185

Median Rent

$411,300

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?

Multifamily property - Three detached residences share one parcel, with central air, heat pumps, newer roofs, and leases already in place.

Where is this multifamily property located?

The property is located at 437 441 445 STEPHENSON RD Stephenson, VA.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Three detached homes on one parcel; Central air and heat pumps in each home; Newer roofs across the property