Updated Two-Bedroom Residential Income
For Sale
$297,000
6220 EDSALL RD Unit 302, Alexandria, VA 22312
Refreshed condo with two full baths, private balcony, dedicated storage, and access to community amenities.
Property Size1,036 SF
Days on Market89
Property Features for 6220 EDSALL RD Unit 302
General Information
Standard status
Active
Size
1,036 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,209
Amenities
pool
Building Details
Building Size
1,036 SF
Year Built
1974
Listing Agency:
Weichert, REALTORS
Listed By:
Blendetria Wiley · License #0225260258
(571) 315-2425
Source:
Dcmetrorealtyteam
Added: Jul 19
Changed: Oct 3
Last Checked: Oct 15 at 5:06AM
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 Weichert, REALTORS
Investment Insights
Based on property information with market context.
This two-bedroom, two-bath condominium has an open living and dining area connected to a private balcony. The primary bedroom includes a walk-in closet and its own full bath, while the second bedroom can serve as guest space, a home office, or a roommate suite. Recent improvements include a water heater installed in 2025, HVAC replaced in 2024, kitchen appliances from 2018, and fresh interior paint completed in 2025.
The property includes a dedicated basement storage unit, two permanent resident parking permits, and a guest pass. Community features include a pool and pet-friendly policies. Regional access is supported by proximity to I-395, I-495, I-95, and the Van Dorn Metro, with connections to Old Town Alexandria, the Pentagon, Amazon HQ2, and Washington, D.C. WestEnd Alexandria is also nearby, including planned retail, dining, entertainment, and an Inova health campus.
The property includes a dedicated basement storage unit, two permanent resident parking permits, and a guest pass. Community features include a pool and pet-friendly policies. Regional access is supported by proximity to I-395, I-495, I-95, and the Van Dorn Metro, with connections to Old Town Alexandria, the Pentagon, Amazon HQ2, and Washington, D.C. WestEnd Alexandria is also nearby, including planned retail, dining, entertainment, and an Inova health campus.
Key Highlights
- Two‑bedroom, two‑bath condominium with an open living and dining layout
- Private balcony extends the main living area
- Water heater installed in 2025 and HVAC replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,881
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,620
$317.6K
Cap Rate 7%
$226,871
$226.9K
Cap Rate 9%
$176,456
$176.5K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$30.5K $29.40/SF
− Vacancy
−$1.6K −$1.53/SF
EGI
$28.9K $27.87/SF
− OpEx
−$13.0K −$12.54/SF
NOI
$15.9K $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%
$317,620
Cap Rate 7%
$226,871
Cap Rate 9%
$176,456
Alternative Uses
Best Use
Apartment 5plus
$226.9K
$198.5K – $264.7K
NOI $15,881 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$575.4K
$503.5K – $671.3K
NOI $40,280 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 22312, VA
30,447
Population
11,191
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
5,970
Density / Sq Mi
$105,044
Median Household Income
$53,471
Median Earnings
$2,009
Median Rent
$593,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Refreshed condo with two full baths, private balcony, dedicated storage, and access to community amenities.
Where is this residential income property located?
The property is located at 6220 EDSALL RD Unit 302 Alexandria, VA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium with an open living and dining layout; Private balcony extends the main living area; Water heater installed in 2025 and HVAC replaced in 2024
