Residential Income Property with Monument
For Sale
$180,000
1011 ARLINGTON BOULEVARD Unit 441, Arlington, VA 22209
Updated kitchen, included utilities, and garage parking support a strong residential rental profile.
Property Size572 SF
Days on Market15
Property Features for 1011 ARLINGTON BOULEVARD Unit 441
General Information
Standard status
Active
Size
572 SF
Property subtype
Unit/Flat/Apartment
Occupancy
100%
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Average Monthly Rent
$1,900
Multifamily Units
1
Amenities
garage parking
outdoor swimming pool
jacuzzi
fitness center
sauna
steam room
outdoor grilling area
community party room
bike storage room
24/7 gated security
concierge
packages organized and secure
large laundry room
Building Details
Building Size
572 SF
Year Built
1955
Tenancy
Single
Listing Agency:
Sweet Homes America Incorporated
(703) 944-3884
Listed By:
Amber Williams · License #0225216413
(703) 944-3884
Source:
Kwcapitalproperties
Added: Jul 22
Changed: Jul 31
Last Checked: Aug 1 at 11:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sweet Homes America Incorporated
Investment Insights
Based on property information with market context.
This residential income property at River Place South offers views of the Washington Monument, Lincoln Memorial, Jefferson Memorial, Capitol Building, Memorial Bridge, and the Potomac River through two large picture windows. The unit includes an updated kitchen with granite countertops and stainless steel appliances, privacy blinds, and fresh paint. Electricity, gas, and water are included, and garage parking conveys with the property. The unit is leased through March 31, 2027.
The property is a 5-minute walk from the Rosslyn Metro station, serving the Orange, Silver, and Blue Lines, with direct access to the Pentagon, Reagan National Airport, Foggy Bottom, Downtown DC, and Tysons Corner. Community amenities include an outdoor swimming pool, jacuzzi, fitness center, sauna, steam room, grilling area, party room, bike storage, 24/7 gated security, concierge service, secure package organization, and a large laundry room. Safeway, Target, CVS, and multiple dining options are within walking distance.
The property is a 5-minute walk from the Rosslyn Metro station, serving the Orange, Silver, and Blue Lines, with direct access to the Pentagon, Reagan National Airport, Foggy Bottom, Downtown DC, and Tysons Corner. Community amenities include an outdoor swimming pool, jacuzzi, fitness center, sauna, steam room, grilling area, party room, bike storage, 24/7 gated security, concierge service, secure package organization, and a large laundry room. Safeway, Target, CVS, and multiple dining options are within walking distance.
Key Highlights
- Washington Monument, Lincoln Memorial, Jefferson Memorial, Capitol Building, Memorial Bridge, and Potomac River views
- Two large picture windows frame the monument and river views
- Updated kitchen with granite countertops and stainless steel appliances
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.5k | $28.80 |
| − Vacancy | −$824 | −$1.44 |
| EGI | $15.6k | $27.36 |
| − OpEx | −$7.0k | −$12.31 |
| NOI | $8.6k | $15.05 |
572 SF · lease $28.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$123.0K
$107.6K – $143.5K
NOI $8,607 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$317.7K
$278.0K – $370.7K
NOI $22,239 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,278
Businesses Nearby
Explore this area
Business Placement
Demographics for 22209, VA
14,859
Population
9,261
Households
1.6
Avg Household Size
33
Median Age
86%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
21,227
Density / Sq Mi
$110,824
Median Household Income
$83,221
Median Earnings
$2,171
Median Rent
$799,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, included utilities, and garage parking support a strong residential rental profile.
Where is this residential income property located?
The property is located at 1011 ARLINGTON BOULEVARD Unit 441 Arlington, VA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Washington Monument, Lincoln Memorial, Jefferson Memorial, Capitol Building, Memorial Bridge, and Potomac River views; Two large picture windows frame the monument and river views; Updated kitchen with granite countertops and stainless steel appliances
