Two-Level Residential Income
For Sale
$549,900
1301 N COURTHOUSE ROAD Unit 1804, Arlington, VA 22201
Updated kitchen, private balcony, and two dedicated garage spaces complement an elevator-building residence with on-site amenities.
Property Size1,088 SF
Price / SF$499.91
Days on Market56
Property Features for 1301 N COURTHOUSE ROAD Unit 1804
General Information
Standard status
Active
Size
1,088 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Radnor/Fort Myer Heights
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$6,689
Amenities
concierge service
outdoor pool
fitness room
pet-friendly
Building Details
Building Size
1,088 SF
Year Built
1983
Listing Agency:
RLAH @properties
Listed By:
Lisa Dubois-Headley
(703) 350-9595
Source:
Kwcapitalproperties
Added: Sep 10
Changed: Nov 1
Last Checked: Nov 3 at 12:00PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
This two-level residential income property offers nearly 1,100 square feet with one bedroom, one and a half baths, and an open living arrangement. The main level includes a refreshed kitchen with stainless steel appliances, stone counters, and a breakfast bar connected to the dining area. Soaring ceilings, a gas fireplace, extensive glass, and a private balcony define the living room. Upstairs, the primary suite includes an ensuite bath and oversized windows, while the loft adds flexible space with a wet bar and skylight. The unit also has an in-unit washer and dryer, balcony storage, and an assigned storage closet.
The residence is located two blocks from the Courthouse Metro and offers access to Routes 50 and 66, Washington, DC, and Reagan National Airport. Building amenities include concierge service, an outdoor pool, a fitness room, elevators, and pet-friendly policies. Two dedicated garage spaces are included.
The residence is located two blocks from the Courthouse Metro and offers access to Routes 50 and 66, Washington, DC, and Reagan National Airport. Building amenities include concierge service, an outdoor pool, a fitness room, elevators, and pet-friendly policies. Two dedicated garage spaces are included.
Key Highlights
- Nearly 1,100 square feet with a two‑level layout, 1 bed, and 1.5 baths
- Private balcony with views of the DC monuments and Potomac River
- Two dedicated garage parking spaces, numbered 85 and 86
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,553
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,060
$331.1K
Cap Rate 7%
$236,471
$236.5K
Cap Rate 9%
$183,922
$183.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$31.7K $28.80/SF
− Vacancy
−$1.6K −$1.44/SF
EGI
$30.1K $27.36/SF
− OpEx
−$13.5K −$12.31/SF
NOI
$16.6K $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%
$331,060
Cap Rate 7%
$236,471
Cap Rate 9%
$183,922
Alternative Uses
Best Use
Apartment 5plus
$236.5K
$206.9K – $275.9K
NOI $16,553 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$611.0K
$534.6K – $712.8K
NOI $42,768 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,107
Businesses Nearby
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Business Placement
Demographics for 22201, VA
39,331
Population
21,787
Households
1.8
Avg Household Size
32
Median Age
86%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
17,100
Density / Sq Mi
$141,736
Median Household Income
$89,508
Median Earnings
$2,468
Median Rent
$760,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, private balcony, and two dedicated garage spaces complement an elevator-building residence with on-site amenities.
Where is this residential income property located?
The property is located at 1301 N COURTHOUSE ROAD Unit 1804 Arlington, VA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Nearly 1,100 square feet with a two‑level layout, 1 bed, and 1.5 baths; Private balcony with views of the DC monuments and Potomac River; Two dedicated garage parking spaces, numbered 85 and 86
