# 1806 FALL HILL Avenue, Fredericksburg, VA 22401 > **TL;DR:** other, $925,000, built 1914. > A/C. Est. $4,947/mo. Listed 50 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $925,000 | | Year Built | 1914 | | Lot Size | 5,227 sqft (0.12 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 50 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,677 | | Estimated Insurance | $270 | | **Total** | **$4,947** | ## Nearby Schools - **High:** JAMES MONROE ## Key Amenities - A/C ## Property Highlights - Built in 1914 - 0.12 acre lot - 10 parking spaces ## Description ### Agent Description Exceptional opportunity to acquire a versatile, income-producing property consisting of two buildings, four residential rental units, and an established commercial space in a convenient Fredericksburg location. The property offers investors the opportunity to generate income from multiple sources while creating additional value through renovations, leasing, or redevelopment. 1802 Fall Hill Avenue features two spacious two-bedroom, one-bath residential units. The ground-floor unit has been recently renovated with new flooring, cabinets, appliances, and updated bathroom fixtures, offering an attractive move-in-ready rental. The upper-level two-bedroom, one-bath unit is occupied by a long-term tenant and provides established rental income. 1804 Fall Hill Avenue includes a two-bedroom, one-bath residential unit, an existing convenience store currently operated by the owners, and a two-bedroom, one-bath apartment above the commercial space. The commercial component provides an investor with several potential strategies: continue operating the existing convenience store, lease the space to a new operator, or explore other potential retail, deli, or commercial uses, subject to applicable zoning and approvals. With four residential units plus commercial income potential, this property provides a diversified investment profile and the opportunity to increase future revenue through strategic improvements and leasing. The residential units have historically maintained strong occupancy, creating an attractive foundation for an investor seeking both immediate income and long-term upside. The property also offers a substantial amount of common-area space that may present an opportunity for future development, potentially including an additional duplex, subject to zoning, site-plan approval, permitting, and feasibility. On-street parking is available for tenants. Ideally situated near Mary Washington Hospital and the University of Mary Washington, this property benefits from a convenient location with access to employment, education, medical facilities, shopping, dining, and downtown Fredericksburg. Four residential units + commercial space + value-add opportunities + potential future development = a compelling investment opportunity in Fredericksburg. Bring your vision and explore the possibilities this property has to offer. ## Location - **Address:** 1806 FALL HILL Avenue, Fredericksburg, VA 22401 - **County:** FREDERICKSBURG CITY - **Coordinates:** 38.30975, -77.46863 - **Google Maps:** https://www.google.com/maps?q=38.30975,-77.46863 ## Listing Agent - **Name:** Lisa Nelson · **License:** 0225099597 - **Brokerage:** Century 21 Redwood Realty - **Broker Phone:** (703) 858-5676 ## Photos ![1806 FALL HILL Avenue - Photo 1](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f88998202r.jpg) ![1806 FALL HILL Avenue - Photo 2](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f2386155028r.jpg) ![1806 FALL HILL Avenue - Photo 3](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f1829337592r.jpg) ![1806 FALL HILL Avenue - Photo 4](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f3699212847r.jpg) ![1806 FALL HILL Avenue - Photo 5](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f49901601r.jpg) ![1806 FALL HILL Avenue - 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Photo 86](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f873495969r.jpg) ![1806 FALL HILL Avenue - Photo 87](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f3587023550r.jpg) ![1806 FALL HILL Avenue - Photo 88](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f3503907276r.jpg) ![1806 FALL HILL Avenue - Photo 89](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f204192414r.jpg) ![1806 FALL HILL Avenue - Photo 90](http://lh.rdcpix.com/1da0911ef6dae7498dddda3798da9f82l-f4178379024r.jpg) --- **MLS#:** VAFB2011078 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1806-fall-hill-avenue-fredericksburg-va-22401-6aa163c39a44430cb8b9b0525273bad7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1806-fall-hill-avenue-fredericksburg-va-22401-6aa163c39a44430cb8b9b0525273bad7#listing", "url": "https://staging.propertysimple.ai/listing/1806-fall-hill-avenue-fredericksburg-va-22401-6aa163c39a44430cb8b9b0525273bad7", "name": "1806 FALL HILL Avenue, Fredericksburg, VA 22401", "description": "Exceptional opportunity to acquire a versatile, income-producing property consisting of two buildings, four residential rental units, and an established commercial space in a convenient Fredericksburg location. The property offers investors the opportunity to generate income from multiple sources while creating additional value through renovations, leasing, or redevelopment. 1802 Fall Hill Avenue features two spacious two-bedroom, one-bath residential units. The ground-floor unit has been recently renovated with new flooring, cabinets, appliances, and updated bathroom fixtures, offering an attractive move-in-ready rental. The upper-level two-bedroom, one-bath unit is occupied by a long-term tenant and provides established rental income. 1804 Fall Hill Avenue includes a two-bedroom, one-bath residential unit, an existing convenience store currently operated by the owners, and a two-bedroom, one-bath apartment above the commercial space. The commercial component provides an investor with several potential strategies: continue operating the existing convenience store, lease the space to a new operator, or explore other potential retail, deli, or commercial uses, subject to applicable zoning and approvals. With four residential units plus commercial income potential, this property provides a diversified investment profile and the opportunity to increase future revenue through strategic improvements and leasing. The residential units have historically maintained strong occupancy, creating an attractive foundation for an investor seeking both immediate income and long-term upside. The property also offers a substantial amount of common-area space that may present an opportunity for future development, potentially including an additional duplex, subject to zoning, site-plan approval, permitting, and feasibility. On-street parking is available for tenants. Ideally situated near Mary Washington Hospital and the University of Mary Washington, this property benefits from a convenient location with access to employment, education, medical facilities, shopping, dining, and downtown Fredericksburg. Four residential units + commercial space + value-add opportunities + potential future development = a compelling investment opportunity in Fredericksburg. 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