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Duplex with Redevelopment Potential
For Sale
$899,000
Pending

2713 24th Rd S, Arlington, VA 22206

Duplex on three parcels, ideal for rental or redevelopment.

Property SizeContact for details
Days on Market130

Property Features for 2713 24th Rd S

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $8,739
Listing Agency: LONG & FOSTER REAL ESTATE, INC.
Listed By: OMAR S SHERZAI · License #0225175688
Source: Corcoran
Added: Apr 6 Changed: Aug 8 Last Checked: Aug 8 at 1:02PM

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 LONG & FOSTER REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

This property includes three parcels and features a duplex, making it suitable for rental income. Each unit contains 2 bedrooms, 1 full bath, a full kitchen, a dining room, and a living room. The units are separately metered, and there is a utility area in the basement. The property offers options to renovate the existing units or construct new homes. The location provides convenient access to Pentagon City, the Pentagon, National Landing, National Airport, and the shops and restaurants of Shirlington. The property faces south and benefits from new construction in the surrounding area, which may increase its value. Builders are welcome to explore the redevelopment potential.

Key Highlights

  • Includes 3 parcels of land at one price.
  • Duplex structure is ideal for rental income or owner occupancy.
  • Each unit features 2 bedrooms, 1 bath, full kitchen, dining, and living room.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Building Supply Hair Salon Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby

Demographics for 22206, VA

21,645
Population
11,851
Households
1.8
Avg Household Size
35
Median Age
76%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
10,307
Density / Sq Mi
$136,472
Median Household Income
$92,948
Median Earnings
$2,332
Median Rent
$569,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Duplex on three parcels, ideal for rental or redevelopment.
Where is this residential land & home lot located?
The property is located at 2713 24th Rd S Arlington, VA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Includes 3 parcels of land at one price.; Duplex structure is ideal for rental income or owner occupancy.; Each unit features 2 bedrooms, 1 bath, full kitchen, dining, and living room.
More about this property
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