Four-Unit Residential
6796 FAYETTE ST & 6816 JEFFERSON ST #1 & 2 Haymarket, VA 20169
6796 FAYETTE ST & 6816 JEFFERSON ST #1 & 2, Haymarket, VA, 20169
$875,000
For Sale
$875,000
MULTI_FAMILY - Other - HAYMARKET, VA
Property Size3,434 SF
Lot Size0.37 Acres
Price / SF$254.80
Days on Market47
Property Features for 6796 FAYETTE ST & 6816 JEFFERSON ST #1 & 2
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Interior features
- Window Treatments
- Fireplace
- 1
- Appliances
- Built-In Microwave, Dryer, Washer, Dishwasher, Refrigerator, Stove
- Standard status
- Active
- Size
- 3,434 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5327
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1901
- Number of units
- 4
- Building materials
- Stone
- Architectural style
- Other
Listing Agency
Keller Williams Realty
(703) 679-1700
11710 Plaza America Drive unit: 710, Reston, VA
Listed by
Sarah A. Reynolds · License #0225174916
(703) 844-3464
Added: Jun 5 Updated: Jul 17 at 11:52 am Checked: Jul 21 at 12:06 am
MLS# VAPW2121578
Listing URL
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 four-unit residential property combines a front stacked, single-meter duplex and a rear side-by-side duplex. The front home includes two move-in ready units: an upper 3-bedroom, 2-bath unit and a lower 2-bedroom, 2-bath unit, each with separate kitchens and entrances. The rear home is a side-by-side duplex with two tenant-occupied units, including a 3-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, providing existing rental income.
Located in downtown Haymarket with easy access to I-66, Route 15, Route 29, and Route 55, the property is served by well and septic. The seller-provided pro forma indicates NOI of $86,052 and a pro forma cap rate over 9%.
The overall layout offers four distinct rental opportunities across two buildings, with the front portion already updated and configured as a stacked duplex and the rear portion operating as a two-unit rental structure.
Located in downtown Haymarket with easy access to I-66, Route 15, Route 29, and Route 55, the property is served by well and septic. The seller-provided pro forma indicates NOI of $86,052 and a pro forma cap rate over 9%.
The overall layout offers four distinct rental opportunities across two buildings, with the front portion already updated and configured as a stacked duplex and the rear portion operating as a two-unit rental structure.
Key Highlights
- Comprises a front stacked, single‑meter duplex plus a rear side‑by‑side duplex, creating 4 rental units on one property.
- Front stacked duplex includes move‑in ready units: 3 bed/2 bath (upper) and 2 bed/2 bath (lower), each with separate kitchens and entrances.
- Rear side‑by‑side duplex has tenant‑occupied units: 3 bed/1 bath and 1 bed/1 bath.
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 | $76.2k | $22.20 |
| − Vacancy | −$2.2k | −$0.63 |
| EGI | $74.1k | $21.57 |
| − OpEx | −$22.2k | −$6.47 |
| NOI | $51.8k | $15.10 |
3,434 SF · lease $22.20/SF/yr · vacancy 2.85% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$740.6K
$648.0K – $864.1K
NOI $51,843 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$659.5K
$577.1K – $769.5K
NOI $46,167 @ 7.0% cap · market cap 5.28%
Theoretical Best
Specialty Retail
$1.01M
$882.4K – $1.18M
NOI $70,595 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Stacked and side-by-side duplex configuration with four total units, including two move-in ready units and two tenant-occupied units.
Where is this quadplex located?
The property is located at 6796 FAYETTE ST & 6816 JEFFERSON ST #1 & 2 Haymarket, VA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Comprises a front stacked, single‑meter duplex plus a rear side‑by‑side duplex, creating 4 rental units on one property.; Front stacked duplex includes move‑in ready units: 3 bed/2 bath (upper) and 2 bed/2 bath (lower), each with separate kitchens and entrances.; Rear side‑by‑side duplex has tenant‑occupied units: 3 bed/1 bath and 1 bed/1 bath.
