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Two-Level Residential Condo
For Sale
$364,900

2805 S WOODROW STREET Unit 1, Arlington, VA 22206

Updated kitchen, private balcony, and flexible den support multiple living arrangements.

Property Size930 SF
Price / SF$392.37
Days on Market16

Property Features for 2805 S WOODROW STREET Unit 1

General Information

Standard status Active
Size 930 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Shirlington
Highway Access Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,715

Amenities

private balcony
in-unit washer/dryer
fireplace
permit parking
scenic walking paths
community swimming pool

Building Details

Building Size 930 SF
Year Built 1982
Listing Agency: RE/MAX Galaxy
Listed By: Abuzar Waleed · License #0225268191
Source: Jackrealtygroup
Added: Oct 13 Changed: Oct 27 Last Checked: Oct 26 at 3:59PM

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 RE/MAX Galaxy

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Investment Insights

Based on property information with market context.

This 930-square-foot, two-level condo offers two bedrooms or a one-bedroom layout with a den. Interior features include luxury vinyl plank flooring, crown molding, a fireplace, built-in bookcases, and a private balcony. The kitchen has quartz countertops and stainless steel appliances. An in-unit washer and dryer, updated bathroom vanity and lighting, and newer windows and sliding glass door add to the unit’s features. The HVAC system was replaced in 2021; the building dates to 1982.

The community has permit parking, walking paths, and a swimming pool. Shopping and dining in Shirlington and Bradlee Shopping Center, along with nearby biking trails, are among the surrounding amenities. Access routes include I-395 and Route 7, with Old Town Alexandria, Del Ray, and Washington, DC also cited as nearby destinations.

Key Highlights

  • 930‑square‑foot condo with a two‑level layout
  • Two bedrooms or one bedroom plus den
  • Quartz kitchen countertops and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,995
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,900 $279.9K
Cap Rate 7%
$199,929 $199.9K
Cap Rate 9%
$155,500 $155.5K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$26.8K $28.80/SF
− Vacancy
−$1.3K −$1.44/SF
EGI
$25.4K $27.36/SF
− OpEx
−$11.5K −$12.31/SF
NOI
$14.0K $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%
$279,900
Cap Rate 7%
$199,929
Cap Rate 9%
$155,500

Alternative Uses

Best Use
Apartment 5plus
$199.9K
$174.9K – $233.3K (±1% cap)
NOI $13,995 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$516.5K
$452.0K – $602.6K (±1% cap)
NOI $36,158 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,188
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Updated kitchen, private balcony, and flexible den support multiple living arrangements.
Where is this residential income property located?
The property is located at 2805 S WOODROW STREET Unit 1 Arlington, VA.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: 930‑square‑foot condo with a two‑level layout; Two bedrooms or one bedroom plus den; Quartz kitchen countertops and stainless steel appliances
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