RC Live-Work Condominium
4600 DUKE Street Alexandria, VA 22304
4600 DUKE Street, Alexandria, VA, 22304
$329,900
For Sale
$329,900
Commercial Sale - ALEXANDRIA, VA
Property Size1,500 SF
Price / SF$219.93
Days on Market8
Property Features for 4600 DUKE Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 300
- Parking features
- Special Needs, Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 2572
Utilities
- Heating system
- Other (Heating), Central
- Cooling system
- Central Air
Building Details
- Year built
- 1967
- Number of units
- 450
- Building materials
- Masonry
Listing Agency
Century 21 Redwood Realty
(202) 506-3674
1616 P Street, FREDERICKSBURG, VA
Listed by
WAI LUN L LEUNG · License #0225204506
(571) 497-4607
Added: Jul 10 Checked: Jul 17 at 9:06 pm
MLS# VAAX2063912
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
4600 Duke Street #431 is a comprehensively renovated 3-bedroom, 2-bath residence offering single-level living and an interior designed around separation between private space and shared areas. Updates include premium hardwood flooring, oversized windows, and integrated contemporary lighting. The dedicated kitchen features quartz countertops, stainless steel appliances, and custom cabinetry with high-capacity storage. The primary suite includes a walk-in closet and a modernized en-suite bathroom, with two additional bedrooms sized for flexible use.
The unit includes in-unit laundry and provides immediate fourth-floor stair access that bypasses elevator wait times. The property is located in a professionally managed concrete masonry high-rise with a monthly condominium fee that includes core utilities: electricity, natural gas, water, and high-speed internet. Building amenities include a 24/7 concierge desk, continuous security monitoring, an upgraded commercial-grade fitness center, an outdoor swimming pool, an active game room, a community center, and extra storage.
Zoned RC (Residential-Commercial), the space is described as flexible for full residential occupancy, professional office use, or a live/work configuration. The location also lists walkability to Harris Teeter, ALDI, and CVS Pharmacy, with access to multi-modal connections including Interstate 395 (Exit 3A) and the Van Dorn Street Metro Station (Blue Line).
The unit includes in-unit laundry and provides immediate fourth-floor stair access that bypasses elevator wait times. The property is located in a professionally managed concrete masonry high-rise with a monthly condominium fee that includes core utilities: electricity, natural gas, water, and high-speed internet. Building amenities include a 24/7 concierge desk, continuous security monitoring, an upgraded commercial-grade fitness center, an outdoor swimming pool, an active game room, a community center, and extra storage.
Zoned RC (Residential-Commercial), the space is described as flexible for full residential occupancy, professional office use, or a live/work configuration. The location also lists walkability to Harris Teeter, ALDI, and CVS Pharmacy, with access to multi-modal connections including Interstate 395 (Exit 3A) and the Van Dorn Street Metro Station (Blue Line).
Key Highlights
- 4600 Duke St #431: 3‑bed, 2‑bath condo with nearly 1,500 SF of renovated single‑level living in Alexandria.
- Extensive 2025 renovation with hardwood flooring, oversized windows, and modern integrated lighting.
- Kitchen features quartz countertops, stainless steel appliances, and custom cabinetry for high‑capacity storage.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $30.00 |
| − Vacancy | −$3.2k | −$2.10 |
| EGI | $41.9k | $27.90 |
| − OpEx | −$15.7k | −$10.46 |
| NOI | $26.2k | $17.44 |
1,500 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$373.7K
$327.0K – $435.9K
NOI $26,156 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$328.5K
$287.4K – $383.2K
NOI $22,994 @ 7.0% cap · market cap 6.97%
Theoretical Best
Specialty Retail
$833.1K
$729.0K – $972.0K
NOI $58,320 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
4600 Duke Street ...
Condominium Complex
1 800 Bondsman
Law Firm
Alexandria Firefighters Inc
Advocacy Group
Bethesda Natural Pain ...
Physician
Queen braiding hair ...
Hair Salon
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FAQs
What type of property is this?
Residential income property - Renovated 3-bedroom, 2-bath live-work style condo with in-unit laundry and building amenities including 24/7 concierge.
Where is this residential income property located?
The property is located at 4600 DUKE Street Alexandria, VA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 4600 Duke St #431: 3‑bed, 2‑bath condo with nearly 1,500 SF of renovated single‑level living in Alexandria.; Extensive 2025 renovation with hardwood flooring, oversized windows, and modern integrated lighting.; Kitchen features quartz countertops, stainless steel appliances, and custom cabinetry for high‑capacity storage.
