One-Bedroom Condo with
For Sale
$295,000
4500 S FOUR MILE RUN DRIVE Unit 927, Arlington, VA 22204
A private balcony, in-unit laundry, and two walk-in closets complement the flexible interior layout.
Property Size856 SF
Price / SF$344.63
Days on Market22
Property Features for 4500 S FOUR MILE RUN DRIVE Unit 927
General Information
Standard status
Active
Size
856 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Forest
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,265
Amenities
private balcony
storage unit
pool
two tennis courts
fitness center
billiards room
club room
media room
24-hour front desk concierge service
in-unit laundry
Building Details
Building Size
856 SF
Year Built
2005
Listing Agency:
Fairfax Realty Select
Listed By:
Simeon Zabchev · License #0225225566
(703) 380-6795
Source:
Mxwrealestate
Added: Oct 14
Changed: Oct 30
Last Checked: Nov 3 at 8:29AM
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 Fairfax Realty Select
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Investment Insights
Based on property information with market context.
This 856-square-foot condominium, built in 2005, has one bedroom, one bathroom, and a den beside the kitchen. The bedroom has luxury vinyl plank flooring, and the unit includes two walk-in closets, a separate storage unit, in-unit laundry, and a parking space. Floor-to-ceiling windows and a private balcony are also part of the residence.
Building amenities include a pool, two tennis courts, a fitness center, billiards room, club room, media room, and 24-hour front desk service. Shirlington Village and the Four Mile Run trail are within walking distance. The property also offers access to the Columbia Pike Corridor and I-395.
Building amenities include a pool, two tennis courts, a fitness center, billiards room, club room, media room, and 24-hour front desk service. Shirlington Village and the Four Mile Run trail are within walking distance. The property also offers access to the Columbia Pike Corridor and I-395.
Key Highlights
- 856‑square‑foot condo built in 2005
- One bedroom, one bathroom, and a den near the kitchen
- Private balcony, floor‑to‑ceiling windows, and two walk‑in closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,881
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,620
$257.6K
Cap Rate 7%
$184,014
$184.0K
Cap Rate 9%
$143,122
$143.1K
Market Conditions
NOI Build-Up for 856 SF
Gross rent
$24.7K $28.80/SF
− Vacancy
−$1.2K −$1.44/SF
EGI
$23.4K $27.36/SF
− OpEx
−$10.5K −$12.31/SF
NOI
$12.9K $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%
$257,620
Cap Rate 7%
$184,014
Cap Rate 9%
$143,122
Alternative Uses
Best Use
Apartment 5plus
$184.0K
$161.0K – $214.7K
NOI $12,881 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$475.4K
$416.0K – $554.7K
NOI $33,281 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
933
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A private balcony, in-unit laundry, and two walk-in closets complement the flexible interior layout.
Where is this residential income property located?
The property is located at 4500 S FOUR MILE RUN DRIVE Unit 927 Arlington, VA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 856‑square‑foot condo built in 2005; One bedroom, one bathroom, and a den near the kitchen; Private balcony, floor‑to‑ceiling windows, and two walk‑in closets
