One-Bedroom Condominium with
For Sale
$309,900
4551 STRUTFIELD LANE Unit 4209, Alexandria, VA 22311
An open-plan layout pairs a breakfast bar and generous kitchen counters with in-unit laundry and assigned garage parking.
Property Size726 SF
Price / SF$426.86
Days on Market13
Property Features for 4551 STRUTFIELD LANE Unit 4209
General Information
Standard status
Active
Size
726 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Alexandria West
Highway Access
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,507
Amenities
private balcony
outdoor swimming pool
fitness center
clubhouse
Building Details
Building Size
726 SF
Year Built
2000
Listing Agency:
Pearson Smith Realty, LLC
Listed By:
Alex Turcan · License #0225225726
(571) 212-2706
Source:
Irvinrealtyllc
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 27 at 4:24AM
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 Pearson Smith Realty, LLC
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Investment Insights
Based on property information with market context.
This 726-square-foot condominium was built in 2000 and contains one bedroom and one full bathroom. The open-plan interior includes luxury vinyl plank flooring, kitchen appliances, a breakfast bar, and ample counter space. A 50-gallon water heater was installed in 2025, and a washer and dryer are included. The bedroom connects to the bathroom and an oversized walk-in closet. A private balcony extends the living space, and the unit is near the elevator. One assigned garage parking space is included a short walk from the unit.
Community amenities include an outdoor pool, fitness center, and clubhouse. I-395 and Route 7 are nearby, as are the Pentagon, Amazon HQ2, Old Town, National Landing, and Washington, D.C. DASH and Metrobus provide additional transit service. Restaurants, shops, trails, and entertainment in Shirlington are also close by.
Community amenities include an outdoor pool, fitness center, and clubhouse. I-395 and Route 7 are nearby, as are the Pentagon, Amazon HQ2, Old Town, National Landing, and Washington, D.C. DASH and Metrobus provide additional transit service. Restaurants, shops, trails, and entertainment in Shirlington are also close by.
Key Highlights
- 726‑square‑foot, one‑bedroom, one‑bathroom condominium
- 50‑gallon water heater installed in 2025
- Private balcony and oversized walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,129
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,580
$222.6K
Cap Rate 7%
$158,986
$159.0K
Cap Rate 9%
$123,656
$123.7K
Market Conditions
NOI Build-Up for 726 SF
Gross rent
$21.3K $29.40/SF
− Vacancy
−$1.1K −$1.53/SF
EGI
$20.2K $27.87/SF
− OpEx
−$9.1K −$12.54/SF
NOI
$11.1K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,580
Cap Rate 7%
$158,986
Cap Rate 9%
$123,656
Alternative Uses
Best Use
Apartment 5plus
$159.0K
$139.1K – $185.5K
NOI $11,129 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$403.2K
$352.8K – $470.5K
NOI $28,227 @ 7.0% cap · market cap 9.11%
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
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 22311, VA
19,934
Population
9,129
Households
2.2
Avg Household Size
34
Median Age
47%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
13,289
Density / Sq Mi
$84,759
Median Household Income
$51,504
Median Earnings
$1,909
Median Rent
$691,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan layout pairs a breakfast bar and generous kitchen counters with in-unit laundry and assigned garage parking.
Where is this residential income property located?
The property is located at 4551 STRUTFIELD LANE Unit 4209 Alexandria, VA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: 726‑square‑foot, one‑bedroom, one‑bathroom condominium; 50‑gallon water heater installed in 2025; Private balcony and oversized walk‑in closet
