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Residential Income Property with Balcony
New
For Sale
$749,000

4141 HENDERSON ROAD Unit 910, Arlington, VA 22203

An upper-level corner residence offers flexible bedroom count, updated interiors, and a private outdoor space.

Property Size1,822 SF
Days on Market4

Property Features for 4141 HENDERSON ROAD Unit 910

General Information

Standard status Active
Size 1,822 SF
Elevators Yes
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Buckingham

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $6,126

Amenities

on-site concierge and overnight security
on-site management
garage parking
extra storage
bike storage
laundry facilities
game room
party room
outdoor pool
community garden
landscaped courtyard with walking paths
outdoor seating areas

Building Details

Building Size 1,822 SF
Year Built 1973
Listing Agency: Corcoran McEnearney
Listed By: Jason Surbey · License #0225230448
Source: Barnesrealestatecompany
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:59PM

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 Corcoran McEnearney

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Investment Insights

Based on property information with market context.

This northwest-corner residence spans over 1,800 square feet, with an open living, dining, and kitchen area and up to three bedrooms. Two bathrooms have new vanities. The remodeled kitchen includes granite counters, flat-front cabinetry, stainless steel appliances, gas cooking, and recessed lighting. Oak floors, updated full-height windows and doors, automated blinds, and a large balcony are among the interior features. Storage includes two walk-in closets, a walk-in pantry, and additional bedroom, coat, and linen closets.

The building provides concierge service, overnight security, on-site management, elevators, garage parking, and bike and additional storage. Shared amenities include an outdoor pool, community garden, landscaped courtyard with walking paths and seating, game room, and party room. Laundry facilities are available on every floor. The monthly condo fee covers utilities, building and grounds maintenance, and listed services including trash, recycling, sewer, custodial work, and snow and ice removal.

Key Highlights

  • Northwest‑corner unit with over 1,800 square feet
  • Open living, dining, and kitchen layout; up to three bedrooms
  • Large balcony with views toward Ballston, Falls Church, and Tysons Corner

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,417
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,340 $548.3K
Cap Rate 7%
$391,671 $391.7K
Cap Rate 9%
$304,633 $304.6K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$52.5K $28.80/SF
− Vacancy
−$2.6K −$1.44/SF
EGI
$49.8K $27.36/SF
− OpEx
−$22.4K −$12.31/SF
NOI
$27.4K $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%
$548,340
Cap Rate 7%
$391,671
Cap Rate 9%
$304,633

Alternative Uses

Best Use
Apartment 5plus
$391.7K
$342.7K – $457.0K (±1% cap)
NOI $27,417 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$885.5K – $1.18M (±1% cap)
NOI $70,839 @ 7.0% cap · market cap 9.46%
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
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,778
Businesses Nearby

Demographics for 22203, VA

25,437
Population
14,528
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
95%
High-School Grad
1.6 sq mi
ZIP Area
15,898
Density / Sq Mi
$132,402
Median Household Income
$90,699
Median Earnings
$2,318
Median Rent
$809,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - An upper-level corner residence offers flexible bedroom count, updated interiors, and a private outdoor space.
Where is this residential income property located?
The property is located at 4141 HENDERSON ROAD Unit 910 Arlington, VA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Northwest‑corner unit with over 1,800 square feet; Open living, dining, and kitchen layout; up to three bedrooms; Large balcony with views toward Ballston, Falls Church, and Tysons Corner
More about this property
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