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Former Schoolhouse Duplex
For Sale
$515,000

751-761 Old Charles Town Road, Stephenson, VA 22656

Converted two-unit property with baseboard heat, no appliances, and no air conditioning, offered in as-is condition.

Property Size1,668 SF
Lot Size5.70 Acres
Price / SF$308.75
Days on Market197

Property Features for 751-761 Old Charles Town Road

General Information

Standard status Active
Size 1,668 SF
Lot size 5.70 Acres
Property subtype Multi-Family / Fee Simple
Zoning RA

Property Condition

Severity Repairs Needed
Evidence plenty of potential for updates and customization

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

No
No Pool

Building Details

Year Built 1936
Listing Agency: MarketPlace REALTY
Listed By: Kimberly D Hurst · License #0225241689
Source: Compass
Added: Feb 14 Changed: Aug 29 Last Checked: Aug 29 at 1:55PM

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 MarketPlace REALTY

Investment Insights

Based on property information with market context.

Built in 1936, this 1,668-square-foot duplex occupies a 5.7-acre lot and contains two apartments, each with two bedrooms and one bathroom. The building was converted from a former schoolhouse and is offered as-is, with no appliances or air conditioning; baseboard heat serves the property. Interior features are listed as none, and the exterior includes no pool.

The property is located at 751-761 Old Charles Town Road in Stephenson, Virginia, outside city limits. The parcel is zoned RA and is described as subdividable. Its rural setting permits horses and chickens, providing a larger-land residential use context than a typical duplex site.

The property falls within Frederick County Public Schools and offers a substantial land component alongside its existing two-unit configuration.

Key Highlights

  • Two 2‑bedroom, 1‑bath apartments in a converted former schoolhouse
  • 1,668‑square‑foot duplex built in 1936
  • 5.7‑acre subdividable lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Garden Center Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Gym & Fitness Center

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

49
Businesses Nearby

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?
Duplex - Converted two-unit property with baseboard heat, no appliances, and no air conditioning, offered in as-is condition.
Where is this duplex located?
The property is located at 751-761 Old Charles Town Road Stephenson, VA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments in a converted former schoolhouse; 1,668‑square‑foot duplex built in 1936; 5.7‑acre subdividable lot
More about this property
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