Four-Unit Colonial
New
For Sale
$719,000
806 E PIEDMONT Street, Culpeper, VA 22701
Multi-Family, CULPEPER, VA
Property Size3,471 SF
Lot Size0.31 Acres
Price / SF$207.14
Days on Market2
Property Features for 806 E PIEDMONT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
1
Parking features
Garage - Detached, Off Street
Interior features
Built-Ins, Wood Floors
Appliances
Oven/Range - Electric, Refrigerator, Washer, Dryer
Subdivision
NONE AVAILABLE
Elementary school district
CULPEPER COUNTY PUBLIC SCHOOLS
Middle school district
CULPEPER COUNTY PUBLIC SCHOOLS
High school district
CULPEPER COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
3,471 SF
Lot size
0.31 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
1729
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s), Ceiling Fan(s)
Amenities
built-ins
wood floors
stoves and refrigerators
leased washer/dryer
basement
off-street parking
detached garage
Building Details
Year built
1921
Number of units
4
Building materials
Frame
Architectural style
Colonial
Listing Agency:
CENTURY 21 New Millennium · Century 21 Real Estate
(540) 825-1613
Listed By:
Janet A Holden · License #0225031052
(540) 672-8624
Added: Oct 27
Last Checked: Oct 28 at 12:06AM
MLS# VACU2015356
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.
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Investment Insights
Based on property information with market context.
This 3,471-square-foot quadplex was built in 1921 with frame construction and Colonial styling. Interior features include built-ins and wood floors. Appliances include electric ranges and refrigerators, along with a washer and dryer. The basement has a separate outside entrance, and a leased washer and dryer are located there.
The property occupies a 0.3087-acre lot at 806 E Piedmont Street in Culpeper, Virginia. Parking includes off-street spaces and a detached garage. The residence is currently fully rented.
The property occupies a 0.3087-acre lot at 806 E Piedmont Street in Culpeper, Virginia. Parking includes off-street spaces and a detached garage. The residence is currently fully rented.
Key Highlights
- Currently fully rented
- 3,471 square feet on a 0.3087‑acre lot
- Built in 1921 with frame construction and Colonial architecture
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,050
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,000
$1.2M
Cap Rate 7%
$843,571
$843.6K
Cap Rate 9%
$656,111
$656.1K
Market Conditions
NOI Build-Up for 3,471 SF
Gross rent
$89.6K $25.80/SF
− Vacancy
−$5.2K −$1.50/SF
EGI
$84.4K $24.30/SF
− OpEx
−$25.3K −$7.29/SF
NOI
$59.1K $17.01/SF
Area
Culpeper County, VA
Vacancy
5.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,000
Cap Rate 7%
$843,571
Cap Rate 9%
$656,111
Alternative Uses
Best Use
Multifamily LT 5
$843.6K
$738.1K – $984.2K
NOI $59,050 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$760.1K
$665.1K – $886.8K
NOI $53,208 @ 7.0% cap · market cap 7.40%
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $134,952 @ 7.0% cap · market cap 18.77%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
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Business Placement
Demographics for 22701, VA
37,411
Population
13,770
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
172.2 sq mi
ZIP Area
217
Density / Sq Mi
$93,910
Median Household Income
$47,492
Median Earnings
$1,386
Median Rent
$376,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied frame residence with off-street parking, a detached garage, and a basement with exterior access.
Where is this quadplex located?
The property is located at 806 E PIEDMONT Street Culpeper, VA.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Currently fully rented; 3,471 square feet on a 0.3087‑acre lot; Built in 1921 with frame construction and Colonial architecture
