Single-Level Residential Income
For Sale
$249,000
2511 ARLINGTON BOULEVARD Unit 101, Arlington, VA 22201
A first-floor layout includes one bedroom, a walk-in closet, and an in-unit washer and dryer.
Property Size642 SF
Price / SF$387.85
Days on Market265
Property Features for 2511 ARLINGTON BOULEVARD Unit 101
General Information
Standard status
Active
Size
642 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Lyon Park
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,218
Amenities
washer and dryer
Building Details
Building Size
642 SF
Year Built
1943
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Feb 5
Changed: Oct 27
Last Checked: Oct 26 at 4:25PM
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 Jack Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 642-square-foot residential income property is a first-floor, single-level condominium with one bedroom and one bathroom. The floor plan includes a living and dining area, a kitchen with cabinet storage, and a bedroom with a walk-in closet. A newer washer and dryer are included, and the building dates to 1943.
The property is in an established Arlington community, with shopping, dining, public transportation, and major commuter routes nearby.
The property is in an established Arlington community, with shopping, dining, public transportation, and major commuter routes nearby.
Key Highlights
- 642‑square‑foot, first‑floor condominium with single‑level access
- One bedroom and one bathroom
- Bedroom includes a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,661
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,220
$193.2K
Cap Rate 7%
$138,014
$138.0K
Cap Rate 9%
$107,344
$107.3K
Market Conditions
NOI Build-Up for 642 SF
Gross rent
$18.5K $28.80/SF
− Vacancy
−$924 −$1.44/SF
EGI
$17.6K $27.36/SF
− OpEx
−$7.9K −$12.31/SF
NOI
$9.7K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,220
Cap Rate 7%
$138,014
Cap Rate 9%
$107,344
Alternative Uses
Best Use
Apartment 5plus
$138.0K
$120.8K – $161.0K
NOI $9,661 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$356.6K
$312.0K – $416.0K
NOI $24,961 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
Explore this area
Business Placement
Demographics for 22201, VA
39,331
Population
21,787
Households
1.8
Avg Household Size
32
Median Age
86%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
17,100
Density / Sq Mi
$141,736
Median Household Income
$89,508
Median Earnings
$2,468
Median Rent
$760,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor layout includes one bedroom, a walk-in closet, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 2511 ARLINGTON BOULEVARD Unit 101 Arlington, VA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 642‑square‑foot, first‑floor condominium with single‑level access; One bedroom and one bathroom; Bedroom includes a walk‑in closet
