Two-Level Residential
For Sale
$459,888
2791 CENTERBORO DRIVE Unit 178, Vienna, VA 22181
Street-level entry, an assigned garage space, and community recreation facilities support convenient day-to-day living.
Property Size1,082 SF
Price / SF$425.04
Days on Market10
Property Features for 2791 CENTERBORO DRIVE Unit 178
General Information
Standard status
Active
Size
1,082 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,822
Amenities
outdoor pool
fitness center
indoor basketball court
billiards room
clubhouse
game room
Building Details
Building Size
1,082 SF
Year Built
2003
Listing Agency:
KW Metro Center
Listed By:
George M Mrad · License #0225063990
(202) 236-0000
Source:
Mxwrealestate
Added: Oct 22
Changed: Oct 30
Last Checked: Oct 30 at 2:10AM
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 KW Metro Center
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Investment Insights
Based on property information with market context.
This 1,082-square-foot, two-level condominium was built in 2003 and has direct street access. Recent interior work includes fresh paint and luxury vinyl plank flooring in both bathrooms, along with a replacement refrigerator, oven, and microwave. The HVAC system and water heater were replaced in 2020. A courtyard entrance has a screen door, and one assigned garage parking space is included; visitor parking is available in the garage and throughout the community.
The Marquis at Vienna Station is across from the Vienna/Fairfax-GMU Metro, with access to I-66, downtown Vienna, and the Mosaic District. Community amenities include an outdoor pool, fitness center, indoor basketball court, billiards room, clubhouse, and game room.
The Marquis at Vienna Station is across from the Vienna/Fairfax-GMU Metro, with access to I-66, downtown Vienna, and the Mosaic District. Community amenities include an outdoor pool, fitness center, indoor basketball court, billiards room, clubhouse, and game room.
Key Highlights
- Two‑level condominium with 1,082 square feet and direct street access
- Built in 2003; HVAC system and water heater replaced in 2020
- One assigned garage parking space, plus visitor parking in the garage and community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,196
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,920
$323.9K
Cap Rate 7%
$231,371
$231.4K
Cap Rate 9%
$179,956
$180.0K
Market Conditions
NOI Build-Up for 1,082 SF
Gross rent
$31.2K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$29.4K $27.22/SF
− OpEx
−$13.3K −$12.25/SF
NOI
$16.2K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,920
Cap Rate 7%
$231,371
Cap Rate 9%
$179,956
Alternative Uses
Best Use
Apartment 5plus
$231.4K
$202.5K – $269.9K
NOI $16,196 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.54M
$3.97M – $5.29M
NOI $317,483 @ 7.0% cap · market cap 69.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 22181, VA
15,555
Population
5,555
Households
2.8
Avg Household Size
40
Median Age
81%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
2,778
Density / Sq Mi
$212,156
Median Household Income
$96,804
Median Earnings
$2,756
Median Rent
$928,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Street-level entry, an assigned garage space, and community recreation facilities support convenient day-to-day living.
Where is this residential income property located?
The property is located at 2791 CENTERBORO DRIVE Unit 178 Vienna, VA.
What is the asking price?
The asking price for this property is $459,888.
What are key features of this property?
This property features: Two‑level condominium with 1,082 square feet and direct street access; Built in 2003; HVAC system and water heater replaced in 2020; One assigned garage parking space, plus visitor parking in the garage and community
