Two-Bedroom Residential
For Sale
$259,900
6101 EDSALL ROAD Unit 502, Alexandria, VA 22304
The residence includes a private balcony, in-unit laundry, and access to shared recreational amenities.
Property Size1,405 SF
Price / SF$184.98
Days on Market31
Property Features for 6101 EDSALL ROAD Unit 502
General Information
Standard status
Active
Size
1,405 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,086
Amenities
in-ground pool
tennis courts
sauna
gym facilities
community rooms
on-site management
Building Details
Building Size
1,405 SF
Year Built
1975
Listing Agency:
Compass
Listed By:
Sarah Moore · License #0225248394
(510) 332-5684
Source:
Irvinrealtyllc
Added: Sep 28
Changed: Oct 27
Last Checked: Oct 26 at 8:13PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,405-square-foot, two-bedroom, two-bathroom condominium features an open floor plan and a nearly 40-foot balcony. Recent updates include HVAC installed in 2022, a washer-dryer upgraded in 2025, fresh paint, and cleaned carpets. The unit also has a walk-in closet, a mini-bar, one assigned parking space, and a private basement storage unit. The condo fee covers all utilities.
Residents have access to an outdoor pool, tennis courts, a sauna, gym facilities, community rooms, and on-site management. The property is near the Van Dorn Street Metro station on the Blue Line. Building renovations, including elevator work, are projected for completion by year-end; the unit’s special assessment has been paid in full by the seller.
Residents have access to an outdoor pool, tennis courts, a sauna, gym facilities, community rooms, and on-site management. The property is near the Van Dorn Street Metro station on the Blue Line. Building renovations, including elevator work, are projected for completion by year-end; the unit’s special assessment has been paid in full by the seller.
Key Highlights
- 1,405‑square‑foot condominium with two bedrooms and two bathrooms
- Nearly 40‑foot balcony
- HVAC updated in 2022; washer‑dryer upgraded in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,537
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,740
$430.7K
Cap Rate 7%
$307,671
$307.7K
Cap Rate 9%
$239,300
$239.3K
Market Conditions
NOI Build-Up for 1,405 SF
Gross rent
$41.3K $29.40/SF
− Vacancy
−$2.1K −$1.53/SF
EGI
$39.2K $27.87/SF
− OpEx
−$17.6K −$12.54/SF
NOI
$21.5K $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%
$430,740
Cap Rate 7%
$307,671
Cap Rate 9%
$239,300
Alternative Uses
Best Use
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,537 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$780.4K
$682.8K – $910.4K
NOI $54,626 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 22304, VA
49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private balcony, in-unit laundry, and access to shared recreational amenities.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 502 Alexandria, VA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1,405‑square‑foot condominium with two bedrooms and two bathrooms; Nearly 40‑foot balcony; HVAC updated in 2022; washer‑dryer upgraded in 2025
