Furnished Residential Income
For Sale
$149,000
1121 ARLINGTON BOULEVARD Unit 825, Arlington, VA 22209
The updated, furnished residence has a tenant in place through May 2027 and includes a reserved garage space and storage cage.
Property Size473 SF
Price / SF$315.01
Days on Market119
Property Features for 1121 ARLINGTON BOULEVARD Unit 825
General Information
Standard status
Active
Size
473 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Radnor/Fort Myer Heights
Highway Access
Yes
Public Transit
Yes
Additional Details
Furnished
Yes
Multifamily Units
1
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,573
Amenities
24-hour gated security
concierge service
controlled building access
fitness center with sauna and steam room
free yoga classes
outdoor swimming pool with lap lane
hot tub
picnic areas with BBQ grills
playground
party room
billiards and ping pong room
River Place Park
on-site convenience store
coffee shop
hair salon
laundry facilities
Building Details
Building Size
473 SF
Year Built
1955
Tenancy
Single
Listing Agency:
Samson Properties
Listed By:
Mass Farzan · License #0225221471
(703) 965-6900
Source:
Jackrealtygroup
Added: Jul 2
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This residential income property is furnished and has been renovated with updated flooring, fresh paint, a modern kitchen, and a renovated bathroom. A tenant is in place through May 2027. The unit also includes a reserved garage parking space and a private storage cage. The building dates to 1955.
Residents have access to a fitness center, sauna and steam room, outdoor pool, hot tub, picnic areas with grills, playground, party room, billiards and ping pong room, and River Place Park. Building services and facilities include 24-hour gated security, concierge service, controlled entry, elevators, laundry facilities, and an on-site convenience store, coffee shop, and hair salon. The condo fee covers heat, air conditioning, electricity, gas, water, sewer, and common-area maintenance.
Rosslyn Metro Station, served by the Blue, Orange, and Silver Lines, is a short walk away. The property also has access to I-66, I-395, I-495, I-95, and Route 50.
Residents have access to a fitness center, sauna and steam room, outdoor pool, hot tub, picnic areas with grills, playground, party room, billiards and ping pong room, and River Place Park. Building services and facilities include 24-hour gated security, concierge service, controlled entry, elevators, laundry facilities, and an on-site convenience store, coffee shop, and hair salon. The condo fee covers heat, air conditioning, electricity, gas, water, sewer, and common-area maintenance.
Rosslyn Metro Station, served by the Blue, Orange, and Silver Lines, is a short walk away. The property also has access to I-66, I-395, I-495, I-95, and Route 50.
Key Highlights
- Furnished, renovated residence with a tenant through May 2027
- Reserved garage parking space and private storage cage included
- Condo fee covers heat, air conditioning, electricity, gas, water, sewer, and common‑area maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,118
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,360
$142.4K
Cap Rate 7%
$101,686
$101.7K
Cap Rate 9%
$79,089
$79.1K
Market Conditions
NOI Build-Up for 473 SF
Gross rent
$13.6K $28.80/SF
− Vacancy
−$681 −$1.44/SF
EGI
$12.9K $27.36/SF
− OpEx
−$5.8K −$12.31/SF
NOI
$7.1K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,360
Cap Rate 7%
$101,686
Cap Rate 9%
$79,089
Alternative Uses
Best Use
Apartment 5plus
$101.7K
$89.0K – $118.6K
NOI $7,118 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$262.7K
$229.9K – $306.5K
NOI $18,390 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,499
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The updated, furnished residence has a tenant in place through May 2027 and includes a reserved garage space and storage cage.
Where is this residential income property located?
The property is located at 1121 ARLINGTON BOULEVARD Unit 825 Arlington, VA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Furnished, renovated residence with a tenant through May 2027; Reserved garage parking space and private storage cage included; Condo fee covers heat, air conditioning, electricity, gas, water, sewer, and common‑area maintenance
