Two-Bedroom Residential Income
For Sale
$512,000
1809 KENWOOD AVENUE Unit 301, Alexandria, VA 22302
The home features an open living area, a two-sided fireplace, and a Trex deck.
Property Size1,204 SF
Price / SF$425.25
Days on Market13
Property Features for 1809 KENWOOD AVENUE Unit 301
General Information
Standard status
Active
Size
1,204 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Fairlington/Bradlee
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,347
Amenities
fireplace
Trex deck
in-unit laundry
visitor parking
Building Details
Building Size
1,204 SF
Year Built
1993
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 2:25PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 1,204-square-foot home at Kingsgate has two bedrooms, two full bathrooms, and a half bath. Its open living area includes a two-sided fireplace, and a Trex deck extends the living space outdoors. Both bedrooms have en-suite bathrooms, with laundry located on the bedroom level. The bathrooms were renovated in 2022; interior paint, windows, and a sliding glass door were updated in 2023. A new microwave and laundry-room flooring were installed in 2026.
The property is near neighborhood restaurants, shops, Fort Ward Park, and Chinquapin Park Recreation Center & Aquatics Facility. I-395, Metro, and public transportation provide connections to the Pentagon, Mark Center, and Washington, DC. Reagan National Airport is approximately 10 minutes away. The home includes assigned parking space #87 and visitor parking.
The property is near neighborhood restaurants, shops, Fort Ward Park, and Chinquapin Park Recreation Center & Aquatics Facility. I-395, Metro, and public transportation provide connections to the Pentagon, Mark Center, and Washington, DC. Reagan National Airport is approximately 10 minutes away. The home includes assigned parking space #87 and visitor parking.
Key Highlights
- 1,204‑square‑foot home with two bedrooms, two full baths, and one half bath
- Two‑sided fireplace, open living area, and Trex deck
- Both bedrooms have en‑suite bathrooms; laundry is on the bedroom level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,456
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,120
$369.1K
Cap Rate 7%
$263,657
$263.7K
Cap Rate 9%
$205,067
$205.1K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$35.4K $29.40/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$33.6K $27.87/SF
− OpEx
−$15.1K −$12.54/SF
NOI
$18.5K $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%
$369,120
Cap Rate 7%
$263,657
Cap Rate 9%
$205,067
Alternative Uses
Best Use
Apartment 5plus
$263.7K
$230.7K – $307.6K
NOI $18,456 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$668.7K
$585.2K – $780.2K
NOI $46,812 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 22302, VA
17,972
Population
9,660
Households
1.9
Avg Household Size
38
Median Age
70%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
7,814
Density / Sq Mi
$127,037
Median Household Income
$83,782
Median Earnings
$2,039
Median Rent
$630,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The home features an open living area, a two-sided fireplace, and a Trex deck.
Where is this residential income property located?
The property is located at 1809 KENWOOD AVENUE Unit 301 Alexandria, VA.
What is the asking price?
The asking price for this property is $512,000.
What are key features of this property?
This property features: 1,204‑square‑foot home with two bedrooms, two full baths, and one half bath; Two‑sided fireplace, open living area, and Trex deck; Both bedrooms have en‑suite bathrooms; laundry is on the bedroom level
