Two-Bedroom Condominium with
For Sale
$247,000
2059 HUNTINGTON AVENUE Unit 707, Alexandria, VA 22303
A renovated kitchen, private balcony, and shared recreation amenities complement this two-bedroom residence.
Property Size1,170 SF
Price / SF$211.11
Days on Market414
Property Features for 2059 HUNTINGTON AVENUE Unit 707
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,485
Amenities
secured access entry
concierge
pool
gym
party room
laundry
tennis court
Building Details
Building Size
1,170 SF
Year Built
1972
Listing Agency:
Compass
Listed By:
Lauren Breslaw · License #0225214906
(703) 862-4717
Source:
Metrohomesrealtygroup
Added: Sep 10, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:33PM
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 2-bedroom, 2-bathroom condominium offers 1,170 square feet of living space. The updated kitchen has granite counters, a breakfast bar, wine storage, and a wine refrigerator, with dining space nearby. A primary suite includes a private bath and walk-in closet; the second bedroom is complemented by a hall walk-in closet. The unit also has a private balcony with views of the river and National Harbor skyline. The building dates to 1972 and provides secured entry and 24-hour concierge service, along with a pool, gym, party room, laundry facilities, tennis court, and parking.
Huntington Metro and trails at Huntington Park are within walking distance. Old Town Alexandria is a short drive away. The condominium is approved for Fannie Mae, Freddie Mac, and VA financing.
Huntington Metro and trails at Huntington Park are within walking distance. Old Town Alexandria is a short drive away. The condominium is approved for Fannie Mae, Freddie Mac, and VA financing.
Key Highlights
- 2 bedrooms and 2 bathrooms across 1,170 square feet
- Renovated kitchen with granite countertops, breakfast bar, wine racks, and wine refrigerator
- Private balcony with river and National Harbor skyline views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,935
Cap Rate
7.26%
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 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$649.9K
$568.6K – $758.2K
NOI $45,490 @ 7.0% cap · market cap 18.42%
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
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 - A renovated kitchen, private balcony, and shared recreation amenities complement this two-bedroom residence.
Where is this residential income property located?
The property is located at 2059 HUNTINGTON AVENUE Unit 707 Alexandria, VA.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: 2 bedrooms and 2 bathrooms across 1,170 square feet; Renovated kitchen with granite countertops, breakfast bar, wine racks, and wine refrigerator; Private balcony with river and National Harbor skyline views
