Residential Property with
For Sale
$239,900
6301 STEVENSON AVENUE Unit 604, Alexandria, VA 22304
A remodeled bathroom and contemporary kitchen complement the private outdoor space.
Property Size840 SF
Days on Market16
Property Features for 6301 STEVENSON AVENUE Unit 604
General Information
Standard status
Active
Size
840 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,754
Amenities
pool
garage
party room
sauna
tennis courts
basketball courts
walking paths
dog park
assigned storage unit
Building Details
Building Size
840 SF
Year Built
1974
Listing Agency:
Samson Properties
Listed By:
Hushai G Mesfin · License #225222519
(214) 796-7168
Source:
Dcmetrorealtyteam
Added: Oct 10
Changed: Oct 25
Last Checked: Oct 25 at 2:41AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom condominium includes a contemporary kitchen, a remodeled bathroom, a private balcony, and assigned basement storage. The building dates to 1974, and community amenities include an Olympic-size pool, garage, party room, sauna, tennis and basketball courts, walking paths, and a dog park.
The property is a few miles from Crystal City, Old Town Alexandria, and Reagan Airport, with access to I-95 and its Express Lanes. Van Dorn Metro Station is minutes away. A new INOVA Hospital campus is expected in 2028.
The property is a few miles from Crystal City, Old Town Alexandria, and Reagan Airport, with access to I-95 and its Express Lanes. Van Dorn Metro Station is minutes away. A new INOVA Hospital campus is expected in 2028.
Key Highlights
- One‑bedroom, one‑bathroom condominium with a private balcony
- Remodeled bathroom and contemporary kitchen
- Assigned storage space in the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,876
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,520
$257.5K
Cap Rate 7%
$183,943
$183.9K
Cap Rate 9%
$143,067
$143.1K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$24.7K $29.40/SF
− Vacancy
−$1.3K −$1.53/SF
EGI
$23.4K $27.87/SF
− OpEx
−$10.5K −$12.54/SF
NOI
$12.9K $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%
$257,520
Cap Rate 7%
$183,943
Cap Rate 9%
$143,067
Alternative Uses
Best Use
Apartment 5plus
$183.9K
$161.0K – $214.6K
NOI $12,876 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$466.6K
$408.2K – $544.3K
NOI $32,659 @ 7.0% cap · market cap 13.61%
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
1,632
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 - A remodeled bathroom and contemporary kitchen complement the private outdoor space.
Where is this residential income property located?
The property is located at 6301 STEVENSON AVENUE Unit 604 Alexandria, VA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condominium with a private balcony; Remodeled bathroom and contemporary kitchen; Assigned storage space in the basement
