Two-Bedroom Condominium with
For Sale
$349,000
4500 S FOUR MILE RUN DRIVE Unit 1226, Arlington, VA 22204
A corner residence pairs an additional den or office area with two assigned parking spaces.
Property Size1,150 SF
Price / SF$303.48
Days on Market35
Property Features for 4500 S FOUR MILE RUN DRIVE Unit 1226
General Information
Standard status
Active
Size
1,150 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Forest
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Amenities
concierge
fitness center
outdoor pool
tennis courts
covered outdoor areas with multiple grills
theater room
club room
game room
business center
in-unit washer and dryer
Building Details
Building Size
1,150 SF
Year Built
2005
Listing Agency:
EXP Realty, LLC
Listed By:
Bic N DeCaro · License #0225055310
(703) 395-3662
Source:
Mxwrealestate
Added: Oct 1
Changed: Oct 30
Last Checked: Nov 3 at 8:28AM
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 EXP Realty, LLC
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Investment Insights
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This 1,150-square-foot, top-floor corner condominium at The Brittany has two bedrooms and two bathrooms, plus a separate den or office and a dedicated dining area. Floor-to-ceiling windows and an east-facing balcony bring natural light into the home. The kitchen has granite countertops and a window; recent updates include wide-plank LVP flooring, fresh paint, and a new range hood. A walk-in closet is provided in the primary bedroom, with a separate walk-in coat closet near the living area. An in-unit washer and dryer are included.
The residence comes with two assigned parking spaces: one in the garage and one outdoors near the entrance. Building amenities include 24-hour concierge service, a fitness center, outdoor pool, tennis courts, multiple grills, theater room, club room, game room, and business center.
The Brittany is across from the W&OD Trail, with Four Mile Run Trail and Barcroft Park nearby. Shirlington dining and Signature Theatre, Harris Teeter, Columbia Pike restaurants, and transit stops are within the surrounding area. Access to I-395, the Pentagon, National Landing, Reagan National Airport, and Washington, DC is also noted.
The residence comes with two assigned parking spaces: one in the garage and one outdoors near the entrance. Building amenities include 24-hour concierge service, a fitness center, outdoor pool, tennis courts, multiple grills, theater room, club room, game room, and business center.
The Brittany is across from the W&OD Trail, with Four Mile Run Trail and Barcroft Park nearby. Shirlington dining and Signature Theatre, Harris Teeter, Columbia Pike restaurants, and transit stops are within the surrounding area. Access to I-395, the Pentagon, National Landing, Reagan National Airport, and Washington, DC is also noted.
Key Highlights
- 1,150‑square‑foot, top‑floor corner residence with two bedrooms and two bathrooms
- East‑facing balcony and floor‑to‑ceiling windows
- Den or office area and separate dining space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,305
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,100
$346.1K
Cap Rate 7%
$247,214
$247.2K
Cap Rate 9%
$192,278
$192.3K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$33.1K $28.80/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$31.5K $27.36/SF
− OpEx
−$14.2K −$12.31/SF
NOI
$17.3K $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%
$346,100
Cap Rate 7%
$247,214
Cap Rate 9%
$192,278
Alternative Uses
Best Use
Apartment 5plus
$247.2K
$216.3K – $288.4K
NOI $17,305 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$638.7K
$558.9K – $745.2K
NOI $44,712 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A corner residence pairs an additional den or office area with two assigned parking spaces.
Where is this residential income property located?
The property is located at 4500 S FOUR MILE RUN DRIVE Unit 1226 Arlington, VA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,150‑square‑foot, top‑floor corner residence with two bedrooms and two bathrooms; East‑facing balcony and floor‑to‑ceiling windows; Den or office area and separate dining space
