Two-Bedroom Corner
For Sale
$259,000
2059 HUNTINGTON AVENUE Unit 1414, Alexandria, VA 22303
Renovated interior features include a new kitchen, refreshed bathrooms, and a balcony with regional skyline views.
Property Size1,170 SF
Price / SF$221.37
Days on Market98
Property Features for 2059 HUNTINGTON AVENUE Unit 1414
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,848
Building Details
Building Size
1,170 SF
Year Built
1972
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 27 at 3:54AM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,170-square-foot, two-bedroom, two-bathroom corner condominium has an open living and dining area, generous closet storage, and a balcony with views across the DMV skyline. Updates include a new kitchen with quartz countertops and stainless steel appliances, renovated bathrooms, new luxury vinyl plank flooring, and fresh neutral paint. The building dates to 1972.
Huntington Metro is nearby, with Old Town, Potomac Yard, and Crystal City also identified as nearby destinations. The second bedroom can serve as an office or guest room.
Huntington Metro is nearby, with Old Town, Potomac Yard, and Crystal City also identified as nearby destinations. The second bedroom can serve as an office or guest room.
Key Highlights
- 1,170‑square‑foot corner condominium
- Two bedrooms and two bathrooms; second bedroom can function as an office or guest room
- New kitchen with quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,935
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,700
$358.7K
Cap Rate 7%
$256,214
$256.2K
Cap Rate 9%
$199,278
$199.3K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$34.4K $29.40/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$32.6K $27.87/SF
− OpEx
−$14.7K −$12.54/SF
NOI
$17.9K $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%
$358,700
Cap Rate 7%
$256,214
Cap Rate 9%
$199,278
Alternative Uses
Best Use
Apartment 5plus
$256.2K
$224.2K – $298.9K
NOI $17,935 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$649.9K
$568.6K – $758.2K
NOI $45,490 @ 7.0% cap · market cap 17.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
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Business Placement
Demographics for 22303, VA
16,109
Population
8,669
Households
1.9
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
1.9 sq mi
ZIP Area
8,478
Density / Sq Mi
$103,822
Median Household Income
$69,699
Median Earnings
$2,050
Median Rent
$547,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated interior features include a new kitchen, refreshed bathrooms, and a balcony with regional skyline views.
Where is this residential income property located?
The property is located at 2059 HUNTINGTON AVENUE Unit 1414 Alexandria, VA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,170‑square‑foot corner condominium; Two bedrooms and two bathrooms; second bedroom can function as an office or guest room; New kitchen with quartz countertops and stainless steel appliances
