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5-Unit Multifamily Property
New
For Sale
$425,000

9200 N CONGRESS Street, New Market, VA 22844

Multi-Family, NEW MARKET, VA

Property Size5,278 SF
Lot Size0.45 Acres
Price / SF$80.52
Days on Market5

Property Features for 9200 N CONGRESS Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Elementary school district SHENANDOAH COUNTY PUBLIC SCHOOLS
Middle school district SHENANDOAH COUNTY PUBLIC SCHOOLS
High school district SHENANDOAH COUNTY PUBLIC SCHOOLS
Standard status Active
Size 5,278 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Annual Amount 2919

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 2003
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Coldwell Banker Premier · Coldwell Banker Real Estate
Listed By: Steve A DuBrueler · License #225029864
Added: Oct 7 Last Checked: Oct 11 at 7:06PM
MLS# VASH2015788

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 5,278-square-foot multifamily property contains five residential units in a brick building. The building, constructed in 2003, has central air conditioning and heat-pump heating, with a parking lot on the 0.448-acre parcel.

At 9200 N Congress Street in New Market, the property is along the I-81 corridor and has access to local amenities. Continued rental use or other possibilities are subject to applicable zoning and approvals.

Key Highlights

  • Five residential units in a 5,278‑square‑foot building
  • 0.448‑acre parcel with a parking lot
  • Brick construction; built in 2003

Property Analytics

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Current Use

Northwestern Community Services Nursing Home

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Barber Shop Electrical Service Plumbing Service

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

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 22844, VA

4,599
Population
2,257
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
91%
High-School Grad
49.6 sq mi
ZIP Area
93
Density / Sq Mi
$63,061
Median Household Income
$36,214
Median Earnings
$877
Median Rent
$263,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Five residential units occupy a brick building with central air and heat-pump heating.
Where is this multifamily property located?
The property is located at 9200 N CONGRESS Street New Market, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Five residential units in a 5,278‑square‑foot building; 0.448‑acre parcel with a parking lot; Brick construction; built in 2003
More about this property
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