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One-Bedroom Residential Income Property
For Sale
$195,000

750 S DICKERSON STREET Unit 414, Arlington, VA 22204

A top-floor condominium combines a renovated kitchen and bath with building amenities and utility-inclusive condo fees.

Property Size789 SF
Price / SF$247.15
Days on Market85

Property Features for 750 S DICKERSON STREET Unit 414

General Information

Standard status Active
Size 789 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Arlington Mill
Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,910

Amenities

playground
laundry room

Building Details

Building Size 789 SF
Year Built 1961
Listing Agency: Keller Williams Realty
Listed By: Patricia M Brosnan · License #0225036550
Source: Jackrealtygroup
Added: Aug 5 Changed: Oct 27 Last Checked: Oct 26 at 3:38PM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

This 789-square-foot, top-floor condominium at Columbia Knolls has one bedroom and one bathroom. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, and gas cooking. Large windows bring natural light into the living space, while two closets provide storage in the bedroom. The bathroom has been upgraded, and condo fees include all utilities.

Community improvements include an updated playground, replacement HVAC ducts, and new washers and dryers in the laundry room. Elevator installation is planned. The property is at 750 S Dickerson Street in Arlington, with metrobus service to the Pentagon and access to I-395. Shops and restaurants in Shirlington are a short drive away.

Key Highlights

  • 789‑square‑foot, top‑floor one‑bedroom, one‑bathroom condominium
  • Kitchen with white cabinetry, quartz countertops, stainless steel appliances, and gas cooking
  • Bedroom has two large closets; upgraded bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,873
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,460 $237.5K
Cap Rate 7%
$169,614 $169.6K
Cap Rate 9%
$131,922 $131.9K
Market Conditions
NOI Build-Up for 789 SF
Gross rent
$22.7K $28.80/SF
− Vacancy
−$1.1K −$1.44/SF
EGI
$21.6K $27.36/SF
− OpEx
−$9.7K −$12.31/SF
NOI
$11.9K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,460
Cap Rate 7%
$169,614
Cap Rate 9%
$131,922

Alternative Uses

Best Use
Apartment 5plus
$169.6K
$148.4K – $197.9K (±1% cap)
NOI $11,873 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$438.2K
$383.5K – $511.3K (±1% cap)
NOI $30,676 @ 7.0% cap · market cap 15.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,049
Businesses Nearby

Demographics for 22204, VA

52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A top-floor condominium combines a renovated kitchen and bath with building amenities and utility-inclusive condo fees.
Where is this residential income property located?
The property is located at 750 S DICKERSON STREET Unit 414 Arlington, VA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 789‑square‑foot, top‑floor one‑bedroom, one‑bathroom condominium; Kitchen with white cabinetry, quartz countertops, stainless steel appliances, and gas cooking; Bedroom has two large closets; upgraded bathroom
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