Renovated Two-Bedroom
For Sale
$370,000
1734 W ABINGDON DRIVE Unit 201, Alexandria, VA 22314
Residents have access to tennis courts, an outdoor pool, an exercise room, bike storage, and two parking spaces.
Property Size879 SF
Price / SF$420.93
Days on Market56
Property Features for 1734 W ABINGDON DRIVE Unit 201
General Information
Standard status
Active
Size
879 SF
Total Parking Spaces
2
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Northeast
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,999
Amenities
tennis courts
BBQ area
pool
exercise room
clubhouse
bike storage
Building Details
Building Size
879 SF
Year Built
1942
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 879-square-foot, two-bedroom condominium has 1.5 bathrooms and an open living and dining area with bamboo flooring and built-in storage. The remodeled kitchen features quartz countertops, stainless steel appliances, and ample cabinetry. Both bathrooms have been updated, and the unit includes a stackable washer and dryer, walk-in closets, newer windows, and wall-mounted heating and air-conditioning units. The second bedroom also has a half bath.
Community amenities include landscaped outdoor areas, tennis courts, a barbecue area, an outdoor pool, an exercise room, clubhouse gathering space, and bike storage. Two parking spaces convey with the unit, and street parking is available for visitors.
The property is at 1734 W Abingdon Drive in Alexandria, near restaurants and services including Pupatella Pizza, Buzz Bakery, and Tropical Smoothie. The Potomac Yard Metro Station, GW Parkway, Route One, and the Beltway are accessible from the area. Reagan National Airport, the Pentagon, Amazon HQ2, and the Virginia Tech Innovation Campus are also nearby.
Community amenities include landscaped outdoor areas, tennis courts, a barbecue area, an outdoor pool, an exercise room, clubhouse gathering space, and bike storage. Two parking spaces convey with the unit, and street parking is available for visitors.
The property is at 1734 W Abingdon Drive in Alexandria, near restaurants and services including Pupatella Pizza, Buzz Bakery, and Tropical Smoothie. The Potomac Yard Metro Station, GW Parkway, Route One, and the Beltway are accessible from the area. Reagan National Airport, the Pentagon, Amazon HQ2, and the Virginia Tech Innovation Campus are also nearby.
Key Highlights
- 879‑square‑foot condominium with 2 bedrooms and 1.5 bathrooms
- Remodeled kitchen with quartz countertops and stainless steel appliances
- Stackable washer and dryer in the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,474
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,480
$269.5K
Cap Rate 7%
$192,486
$192.5K
Cap Rate 9%
$149,711
$149.7K
Market Conditions
NOI Build-Up for 879 SF
Gross rent
$25.8K $29.40/SF
− Vacancy
−$1.3K −$1.53/SF
EGI
$24.5K $27.87/SF
− OpEx
−$11.0K −$12.54/SF
NOI
$13.5K $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%
$269,480
Cap Rate 7%
$192,486
Cap Rate 9%
$149,711
Alternative Uses
Best Use
Apartment 5plus
$192.5K
$168.4K – $224.6K
NOI $13,474 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$488.2K
$427.2K – $569.6K
NOI $34,176 @ 7.0% cap · market cap 9.24%
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
650
Businesses Nearby
Explore this area
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 - Residents have access to tennis courts, an outdoor pool, an exercise room, bike storage, and two parking spaces.
Where is this residential income property located?
The property is located at 1734 W ABINGDON DRIVE Unit 201 Alexandria, VA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 879‑square‑foot condominium with 2 bedrooms and 1.5 bathrooms; Remodeled kitchen with quartz countertops and stainless steel appliances; Stackable washer and dryer in the unit
