Residential Income Property with
For Sale
$315,000
801 N HOWARD STREET Unit 106, Alexandria, VA 22304
The two-bedroom condo pairs updated interior finishes with a covered outdoor space and secure private storage.
Property Size1,026 SF
Price / SF$307.02
Days on Market26
Property Features for 801 N HOWARD STREET Unit 106
General Information
Standard status
Active
Size
1,026 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Seminary Hill/Strawberry Hill
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,584
Amenities
pool
fitness center
community center
tennis courts
Building Details
Building Size
1,026 SF
Year Built
1974
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 3
Changed: Oct 27
Last Checked: Oct 26 at 2:35PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 1,026-square-foot condo in The Plaza has two bedrooms and two full baths, including a primary suite with a dressing room and refreshed en-suite bath. Recent interior work includes fresh paint, luxury vinyl flooring in select living areas, quartz kitchen counters, added cabinetry, and updated lighting. New windows and an electrical panel complement custom closet storage. The living room opens to a covered balcony, and the unit includes a Bosch washer and dryer, surface parking, and a private secured storage unit.
Community facilities include a pool, fitness center, community center, and tennis courts. Fox Chase Shopping Center, Fort Ward Museum & Historic Site, and the Virginia Theological Seminary grounds are nearby. I-395 access and bus service to Pentagon Metro connect the area with Washington, D.C.; Old Town Alexandria is also described as minutes away. Built in 1974.
Community facilities include a pool, fitness center, community center, and tennis courts. Fox Chase Shopping Center, Fort Ward Museum & Historic Site, and the Virginia Theological Seminary grounds are nearby. I-395 access and bus service to Pentagon Metro connect the area with Washington, D.C.; Old Town Alexandria is also described as minutes away. Built in 1974.
Key Highlights
- Two‑bedroom, two‑bath condo with 1,026 square feet
- Covered balcony accessed from the living room
- Kitchen features quartz counters and added cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,728
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,560
$314.6K
Cap Rate 7%
$224,686
$224.7K
Cap Rate 9%
$174,756
$174.8K
Market Conditions
NOI Build-Up for 1,026 SF
Gross rent
$30.2K $29.40/SF
− Vacancy
−$1.6K −$1.53/SF
EGI
$28.6K $27.87/SF
− OpEx
−$12.9K −$12.54/SF
NOI
$15.7K $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%
$314,560
Cap Rate 7%
$224,686
Cap Rate 9%
$174,756
Alternative Uses
Best Use
Apartment 5plus
$224.7K
$196.6K – $262.1K
NOI $15,728 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$569.9K
$498.6K – $664.9K
NOI $39,891 @ 7.0% cap · market cap 12.66%
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
814
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 two-bedroom condo pairs updated interior finishes with a covered outdoor space and secure private storage.
Where is this residential income property located?
The property is located at 801 N HOWARD STREET Unit 106 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: Two‑bedroom, two‑bath condo with 1,026 square feet; Covered balcony accessed from the living room; Kitchen features quartz counters and added cabinetry
