Approved Multi-Family Development
For Sale
$1,500,000
3812 16th St S, Arlington, VA 22204
Land with permit for a six-unit apartment complex.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market184
Property Features for 3812 16th St S
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,026
Building Details
Year Built
2027
Listing Agency:
KELLER WILLIAMS REALTY
(703) 679-1700
Listed By:
SARAH A. REYNOLDS · License #0225
Source:
Corcoran
Added: Feb 18
Changed: Aug 8
Last Checked: Jul 16 at 6:06AM
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 KELLER WILLIAMS REALTY
Investment Insights
Based on property information with market context.
This property offers an opportunity to develop an approved six-unit apartment complex. The parcel includes a single-family home that requires demolition. The seller has obtained the Expanded Housing Option (EHO) Development permit for the lot. This permit, of which no more than thirty are issued annually, allows for the construction of duplexes, townhouses, and multifamily buildings on single-family residential lots, provided they meet the design standards in Arlington County Zoning Ordinance (ACZO). The property at 3812 16th has met the requirements, including a minimum lot area of 6,000 sq ft and a minimum lot width of 60 ft. The EHO Permit will be transferred with the parcel and home. The existing home can be rented until demolition begins. The planned development includes a three-story building with two units per floor. Each unit is designed to have 3 bedrooms and 2 full bathrooms. This investment opportunity is located in Douglas Park, Arlington.
Key Highlights
- Approved 6‑unit apartment complex development permit included.
- Rare investment opportunity due to limited EHO permits.
- Meets Arlington County Zoning Ordinance requirements for EHO development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with permit for a six-unit apartment complex.
Where is this residential land & home lot located?
The property is located at 3812 16th St S Arlington, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approved 6‑unit apartment complex development permit included.; Rare investment opportunity due to limited EHO permits.; Meets Arlington County Zoning Ordinance requirements for EHO development.
