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MLS: #VAFB2010398, Listed By: Amit Lall, Berkshire Hathaway HomeServices PenFed Realty, Source:Bright MLS

1318 Dandridge Street

FREDERICKSBURG, VA 22401
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Bed 5

Bed

Bath 0

Bath

SqFt4,723

Sqft

Acres0.01

Acre(Lot)

INVESTOR SPECIAL in the heart of Fredericksburg! Exceptional income-producing opportunity just two blocks from the University of Mary Washington and minutes from Mary Washington Hospital, Central Park shopping, and the Cowan Boulevard retail corridor. This unique multifamily property is currently configured as a triplex with the potential for up to five rental units depending on your investment strategy and occupancy plan. Whether you're looking to expand your rental portfolio, create student housing, pursue mid-term rentals for medical professionals, or maximize cash flow through multiple income streams, this property offers tremendous upside. Main House: 2 Bed 1 Bath Upstairs: 1 Bed 1 Bath Basement: (2) 1 Bed 1 Bath Rear Building: 2 Bed 1 Bath Recent improvements include three new H VAC systems, a new water heater, all-new luxury vinyl plank flooring throughout, and updated drywall replacing the original wood paneling. Electrical upgrades have been started, including installation of a new service panel; however, work was not completed and will require permits and completion by the new owner. Conveniently located near dining, shopping, healthcare facilities, and major commuter routes, this property is ideally positioned to attract tenants year-round. Property is being sold strictly AS IS. Buyer to perform all due diligence regarding zoning, unit count, permits, and intended use. Don't miss this rare value-add multifamily opportunity in one of Fredericksburg's most desirable rental markets!

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Detail Ic Property Details

Property Type : Residential Income

Price : $800,000

AD Id : 79614725

MLS Id : VAFB2010398

Beds : 5

Lot Size : 0.01 Acre

Living Area Size : 4,723

Year Built : 1949

County : FREDERICKSBURG CITY

Subdivision: College Heights

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Feature Features

  • Bedroom Information

    Total beds: 5
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1949 Building Area Total: 4723 Construction Materials: Brick, Vinyl Siding Pool Features: Private Private Pool: Yes

  • Lot Information

    Lot Size Acres: 0.01 Lot Size Source: Assessor Lot Size Square Feet: 453

    Property Information

    Subdivision: COLLEGE HEIGHTS Source Property Type: Residential Income Postal Code Plus 4: 5326 Property SubType: Triplex Property Age: 77

  • Listing Price Information

    Listing Price: $800000

  • Tax Information

    Parcel Number: 7779-63-1606 Tax Lot: 6 Tax Year: 2025 Annual Tax: $4653

  • Parking Information

    Driveway

  • Location Information

    Direction: Google Maps WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
309 Prince Edward Street, Fredericksburg, VA, 22401 $900,000 6 -- 2,550 2,550 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 22:44

MLS: VAFB2010398 LISTED BY: Amit Lall, Berkshire Hathaway HomeServices PenFed Realty 703-691-7653 SOURCE: Bright MLS

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