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EHO Permit Included with Home
For Sale
$1,500,000

3812 16TH St S, Arlington, VA 22204

Rare investment opportunity in Douglas Park with EHO permit.

Property SizeContact for details
Days on Market186

Property Features for 3812 16TH St S

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Green Valley

Taxes and HOA fees

Annual Taxes $8,026

Building Details

Year Built 2027
Units 6
Listing Agency: Keller Williams Realty
Listed By: Kanwar Sodhi · License #225241422
Source: Elliman
Added: Apr 24 Changed: Oct 25 Last Checked: Jul 16 at 4:22AM

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

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Investment Insights

Based on property information with market context.

This property includes an Expanded Housing Option (EHO) approved permit for a 6-unit apartment complex, with plans available in the document section. The permit will be transferred to the buyer. The property currently has a single-family home that can be rented until demolition begins. The Expanded Housing Option (EHO) Development allows for the construction of duplexes, townhouses, and multifamily buildings on single-family residential lots, meeting the design standards in Arlington County Zoning Ordinance (ACZO). This property at 3812 16th has met the requirements of a minimum lot area of 6,000 sq ft and a minimum lot width of 60 ft. The planned apartment complex is designed with 3 floors and 2 units per floor, with each unit featuring 3 bedrooms and 2 full bathrooms. This is a rare and unique investment opportunity in Douglas Park, Arlington. The location has a bike score of 57, indicating it is bikeable, a walk score of 68, indicating it is somewhat walkable, and a transit score of 60, indicating good transit options.

Key Highlights

  • EHO Approved Permit: Transferable permit in hand for a 6‑unit apartment complex.
  • Meets EHO Requirements: Lot fulfills minimum area and width requirements.
  • Existing SFH for Rental Income: Generate income while planning development.

Property Analytics

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Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cosmetic 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

997
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare investment opportunity in Douglas Park with EHO permit.
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: EHO Approved Permit: Transferable permit in hand for a 6‑unit apartment complex.; Meets EHO Requirements: Lot fulfills minimum area and width requirements.; Existing SFH for Rental Income: Generate income while planning development.
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