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One-Bedroom Residential Income Property
For Sale
$450,000
Pending

1200 BRADDOCK PL #409, Alexandria, VA 22314

ALEXANDRIA, VA

Property Size825 SF
Days on Market34

Property Features for 1200 BRADDOCK PL #409

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
Subdivision BRADDOCK PLACE
Elementary school district ALEXANDRIA CITY PUBLIC SCHOOLS
Middle school district ALEXANDRIA CITY PUBLIC SCHOOLS
High school district ALEXANDRIA CITY PUBLIC SCHOOLS
Standard status Pending

Amenities

outdoor pool
whirlpool
sauna
fitness center
on-site manager
private party facilities
controlled-access entry system
in-unit washer/dryer
central air and heat

Building Details

Year built 1990
Listing Agency: One Montgomery
Listed By: Robert Garcia
Added: Sep 18 Changed: Oct 2 Last Checked: Oct 21 at 11:06AM
MLS# VAAX2065870

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This one-bedroom residential income property occupies 825 square feet in a 1990 mid-rise condominium. The home features an open living area with south- and west-facing bay windows, three closets including a walk-in, and an in-unit washer and dryer. Central air and heat serve the residence, while the updated full bathroom includes a shower and Italian ceramic tile. The kitchen has granite countertops, stainless steel appliances, and substantial cabinetry.

An assigned garage parking space, numbered 71, is included. Building amenities include an outdoor pool, whirlpool, sauna, fitness room, private party facilities, elevators, controlled-access entry, and an on-site manager. The property is two blocks from Braddock Road Metro station, one stop from Reagan National Airport, two stops from Crystal City, and less than a mile from Old Town Alexandria. Shopping, dining, the waterfront, and regional Metro connections are nearby.

Key Highlights

  • 825 Sq Ft one‑bedroom residence in a 1990 mid‑rise condominium
  • Two blocks from Braddock Road Metro station
  • Renovated kitchen with granite countertops and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,647
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,940 $252.9K
Cap Rate 7%
$180,671 $180.7K
Cap Rate 9%
$140,522 $140.5K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$24.3K $29.40/SF
− Vacancy
−$1.3K −$1.53/SF
EGI
$23.0K $27.87/SF
− OpEx
−$10.3K −$12.54/SF
NOI
$12.6K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,940
Cap Rate 7%
$180,671
Cap Rate 9%
$140,522

Alternative Uses

Best Use
Apartment 5plus
$180.7K
$158.1K – $210.8K (±1% cap)
NOI $12,647 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$458.2K
$401.0K – $534.6K (±1% cap)
NOI $32,076 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,729
Businesses Nearby

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Renovated kitchen and bath with garage parking and access to extensive condominium amenities.
Where is this residential income property located?
The property is located at 1200 BRADDOCK PL #409 Alexandria, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 825 Sq Ft one‑bedroom residence in a 1990 mid‑rise condominium; Two blocks from Braddock Road Metro station; Renovated kitchen with granite countertops and stainless steel appliances
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