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Brick Residential Income Property
For Sale
$315,000

706 S FAYETTE STREET #21, Alexandria, VA 22314

Garden-style condo with updated interiors, in-unit laundry, storage, and off-street parking near Old Town amenities.

Property SizeContact for details
Days on Market35

Property Features for 706 S FAYETTE STREET #21

General Information

Standard status Active
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Amenities

common grounds
off-street parking
bike storage
in-unit laundry
Forced Air
Central A/C
Built-In Microwave
Dishwasher
Disposal
Icemaker
Refrigerator
Stove
Stainless Steel Appliances

Building Details

Year Built 1950
Construction garden-style
Listed By: Ellie Sweet
Source: Kw
Added: Aug 6 Changed: Sep 8 Last Checked: Sep 8 at 10:13AM

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 Ellie Sweet

Investment Insights

Based on property information with market context.

This garden-style condominium is set within a brick community and features hardwood flooring across the living, dining, and bedroom areas. The kitchen has Shaker-style cabinetry, granite countertops, and stainless steel appliances, while the updated full bathroom adds refreshed fixtures. A combination washer and dryer is located inside the unit, and the HVAC system was replaced in 2025.

Residents have access to common grounds, off-street parking, basement storage, and bike storage. The property is one block from Lee Rec Center and a few blocks from King Street. King Street Metro and VRE Station are less than half a mile away, with additional access to Braddock Road and Eisenhower Metro Stations, I-495, I-395, Route 1, the GW Parkway, and Duke Street. DASH Line 34 stops outside the property and connects to Potomac Yard Metro Station.

Key Highlights

  • Updated kitchen with Shaker cabinetry, granite counters, and stainless steel appliances
  • Hardwood flooring in the living, dining, and bedroom areas
  • HVAC replaced in 2025

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Food Market Auto Parts Store Locksmith Grocery & Convenience Store Mobile Phone Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,398
Businesses Nearby

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Garden-style condo with updated interiors, in-unit laundry, storage, and off-street parking near Old Town amenities.
Where is this residential income property located?
The property is located at 706 S FAYETTE STREET #21 Alexandria, VA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Updated kitchen with Shaker cabinetry, granite counters, and stainless steel appliances; Hardwood flooring in the living, dining, and bedroom areas; HVAC replaced in 2025
More about this property
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