4600 Duke St #413 Alexandria, VA 22304
2-bedroom, 1-bath condo with 9-foot ceilings, hardwood floors, and large windows, offered in a mixed-use RC zoning district.
Property Features for 4600 Duke St #413
General Information
- Standard status
- Active
- Size
- 1,140 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing office CENTURY 21 REDWOOD REALTY (202) 506-3674
Listing date Jul 9, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 REDWOOD REALTY
Investment Insights
Based on property information with market context.
Zoned RC (Residential-Commercial Mixed-Use), the space is described as cleared for full residential occupancy, commercial business operations, or an integrated live/work configuration. The unit is located within the Forty Six Hundred condominium community, a 16-story building with over 400 residential units, five elevators, a secure lobby with 24/7 concierge service, and a dedicated storage unit with permit parking. The association fee is reported to cover primary utilities, including electricity, heating, cooling, gas, water, sewer, and trash disposal. Day-to-day convenience includes an ALDI outside the building and the Foxchase Shopping Center directly across the street, while Holmes Run Trail access and Ben Brenman Park walking paths are located immediately behind the complex.
Key Highlights
- 1,140 finished SF condo in Forty Six Hundred with 2 bedrooms and 1 full bathroom
- Year built 1967; 9‑foot ceilings, original hardwood floors, and large windows with city views
- RC (Residential‑Commercial Mixed‑Use) zoning supporting residential use, commercial business operations, or live/work configuration
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 | $34.2k | $30.00 |
| − Vacancy | −$2.4k | −$2.10 |
| EGI | $31.8k | $27.90 |
| − OpEx | −$11.9k | −$10.46 |
| NOI | $19.9k | $17.44 |