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Renovated Residential Income Property
For Sale
$1,595,000
Pending

312 S WASHINGTON STREET Unit 502, Alexandria, VA 22314

An open kitchen connects the living and dining areas, with an island serving as a central gathering point.

Property Size1,694 SF
Days on Market22

Property Features for 312 S WASHINGTON STREET Unit 502

General Information

Standard status Pending
Size 1,694 SF
Total Parking Spaces 2
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 3BR/2.5BA
Multifamily Units 1
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $16,308

Amenities

secure entry
brick courtyard
fire pit
grilling stations
private storage

Building Details

Building Size 1,694 SF
Year Built 1956
Year Renovated 2021
Construction Federal-style brick
Listing Agency: Serhant
Listed By: Christine R Garner · License #0225155264
Source: Barnesrealestatecompany
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 21 at 4:31AM

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 Serhant

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Investment Insights

Based on property information with market context.

This fifth-floor residence has three bedrooms, two-and-a-half baths, and an open living, dining, and kitchen area. The building dates to 1956 and was reworked in 2021 into 10 residences, with two homes on each floor. The kitchen features custom cabinetry, quartz counters, stainless steel appliances, and an island. The primary suite includes a walk-in closet and en-suite bath; two additional bedrooms share a hall bath. Two assigned parking spaces and a private storage unit are included. Residents also have secure entry and access to a brick courtyard with a fire pit and grilling stations.

The property is in Old Town Alexandria, near King Street restaurants, shops, cafes, and galleries. The Potomac River waterfront, parks, markets, and everyday services are also within easy reach. Views from the residence include Old Town, the Masonic Temple, and the Washington, D.C. skyline.

Key Highlights

  • Three‑bedroom, two‑and‑a‑half‑bath residence on the fifth floor
  • Building converted into 10 residences in 2021, with two homes per floor
  • Open kitchen, living, and dining area with an island

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,490
Businesses Nearby

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - An open kitchen connects the living and dining areas, with an island serving as a central gathering point.
Where is this residential income property located?
The property is located at 312 S WASHINGTON STREET Unit 502 Alexandria, VA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Three‑bedroom, two‑and‑a‑half‑bath residence on the fifth floor; Building converted into 10 residences in 2021, with two homes per floor; Open kitchen, living, and dining area with an island
More about this property
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