One-Bedroom Residential Income
For Sale
$278,900
1636 W ABINGDON DRIVE Unit 102, Alexandria, VA 22314
The unit combines an open living and dining area with in-unit laundry and a walk-in bedroom closet.
Property Size683 SF
Price / SF$408.35
Days on Market50
Property Features for 1636 W ABINGDON DRIVE Unit 102
General Information
Standard status
Active
Size
683 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northeast
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,458
Amenities
outdoor pool
fitness center
tennis courts
bike racks
community center
green spaces
in-unit washer/dryer
off-street parking
on-site management
Building Details
Building Size
683 SF
Year Built
1942
Listing Agency:
Redfin Corporation
Listed By:
Albert D Pasquali · License #0225081590
(703) 989-4238
Source:
Districtpropertygroup
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 26 at 2:38PM
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 Redfin Corporation
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Investment Insights
Based on property information with market context.
This 683-square-foot residential unit, built in 1942, has one bedroom and one full bathroom. Its layout includes an open living and dining area, a walk-in closet, and a washer and dryer inside the unit.
Community features include an outdoor pool, fitness center, tennis courts, bike racks, a community center, and landscaped green space. Water, sewer, trash, off-street parking, and on-site management are included through the condo fee.
The property is in Alexandria between Del Ray and Daingerfield Island, with the Mount Vernon Trail nearby. Shops and restaurants on Slaters Lane are within walking distance, and the Braddock Road and Potomac Yard Metro stations provide additional transit access.
Community features include an outdoor pool, fitness center, tennis courts, bike racks, a community center, and landscaped green space. Water, sewer, trash, off-street parking, and on-site management are included through the condo fee.
The property is in Alexandria between Del Ray and Daingerfield Island, with the Mount Vernon Trail nearby. Shops and restaurants on Slaters Lane are within walking distance, and the Braddock Road and Potomac Yard Metro stations provide additional transit access.
Key Highlights
- 683‑square‑foot unit with one bedroom and one full bathroom
- Built in 1942
- Open living and dining area; bedroom has a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,470
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,400
$209.4K
Cap Rate 7%
$149,571
$149.6K
Cap Rate 9%
$116,333
$116.3K
Market Conditions
NOI Build-Up for 683 SF
Gross rent
$20.1K $29.40/SF
− Vacancy
−$1.0K −$1.53/SF
EGI
$19.0K $27.87/SF
− OpEx
−$8.6K −$12.54/SF
NOI
$10.5K $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%
$209,400
Cap Rate 7%
$149,571
Cap Rate 9%
$116,333
Alternative Uses
Best Use
Apartment 5plus
$149.6K
$130.9K – $174.5K
NOI $10,470 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$379.4K
$331.9K – $442.6K
NOI $26,555 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit combines an open living and dining area with in-unit laundry and a walk-in bedroom closet.
Where is this residential income property located?
The property is located at 1636 W ABINGDON DRIVE Unit 102 Alexandria, VA.
What is the asking price?
The asking price for this property is $278,900.
What are key features of this property?
This property features: 683‑square‑foot unit with one bedroom and one full bathroom; Built in 1942; Open living and dining area; bedroom has a walk‑in closet
