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    1104 S Cleveland St Arlington, VA 22204

    Under Contract
    For Sale
    $1,259,000

    MULTI_FAMILY - Colonial - ARLINGTON, VA

    Property size:
    2,106 SF
    Lot size:
    0.14 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1104 S Cleveland St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Parking features
    Off Street, Driveway, Parking Lot
    Fireplace
    1
    Appliances
    Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, WaterHeater
    Size
    2,106 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating)
    Cooling system
    Window Unit(s), Heat Pump

    Building Details

    Year built
    1957
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Colonial

    Keller Williams Realty Falls Church (703) 533-1500 [email protected]

    Listing agent John Seggerman (703) 533-1500 License #0225088933

    Listing date Sep 29, 2025

    Copyright © 2025 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.

    Overview

    Updated Multi-Unit Property Near Pentagon

    This well-maintained and updated multi-unit property is fully leased, offering investment benefits. The property is located a block-and-a-half from Penrose Square on Columbia Pike. The property generates an annual rental income of $82,500 under current leases. The units feature separate laundry facilities and new or updated kitchens and baths. New heat pump and hot water heaters have been installed. Ample off-street parking is available. The property is situated near restaurants, shopping, and nightlife options, including Penrose Square, Giant Food, William Jeffrey's Tavern, Celtic House, and Lost Dog Cafe. The location is close to the Pentagon (2 miles), with regular bus service on Columbia Pike to the Pentagon metro, DC, and other destinations. It is also convenient to Pentagon City mall, Amazon HQ2, and Reagan National Airport. The lot size is 0.14 acres, and the property size is 2106 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Arlington
    State
    Virginia
    Longitude
    -77.08456562
    Latitude
    38.86165342

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, fully leased multi-unit property near Penrose Square.
    Where is this triplex located?
    The property is located at 1104 S Cleveland St Arlington, VA.
    What is the asking price?
    The asking price for this property is $1,259,000.
    What are key features of this property?
    This property features: - High annual rental income of $82,500 with fully leased units.; - Prime location: Just 1.5 blocks from Penrose Square, enjoy being close to restaurants, shopping, and nightlife.; - Updated units feature separate laundry, new/updated kitchens and baths, and new heat pump/hot water heaters.
    (703) 533-1500
    Request Owner's contact information
    1104 S Cleveland St Arlington, VA 22204
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    Arlington, VA 22204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1104 S Cleveland St Arlington, VA 22204
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