One-Bedroom Condominium with
For Sale
$350,000
801 N PITT STREET Unit 1209, Alexandria, VA 22314
Private outdoor space, reserved garage parking, and building amenities complement this Alexandria residence.
Property Size787 SF
Price / SF$444.73
Days on Market48
Property Features for 801 N PITT STREET Unit 1209
General Information
Standard status
Active
Size
787 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Old Town North
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,554
Amenities
concierge
secure main entrance
community room
small dog park
package room
bike racks
storage
laundry rooms on each floor
rooftop deck
Building Details
Building Size
787 SF
Year Built
1965
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 26 at 2:45PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 787-square-foot condominium has one bedroom, one bathroom, and a private balcony. Hardwood flooring extends through the living room, dining area, and bedroom, while double-pane windows bring natural light into the unit. The building dates to 1965 and offers a front desk concierge, secure entrance, community room, package room, bike racks, storage, laundry rooms on each floor, and a rooftop deck. A fitness room is planned, and a small dog park is also available. The unit includes a reserved garage parking space.
The property is at 801 N Pitt Street in Alexandria, near the waterfront and Founders Park. Metro and commuter rail stations, shops, restaurants, waterfront trails, tennis courts, and dog parks are among the nearby amenities. The George Washington Parkway and Ronald Reagan National Airport are also nearby.
The property is at 801 N Pitt Street in Alexandria, near the waterfront and Founders Park. Metro and commuter rail stations, shops, restaurants, waterfront trails, tennis courts, and dog parks are among the nearby amenities. The George Washington Parkway and Ronald Reagan National Airport are also nearby.
Key Highlights
- 787‑square‑foot condominium with one bedroom, one bathroom, and a private balcony
- Reserved garage parking space
- Building amenities include a rooftop deck, concierge, package room, and laundry rooms on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,064
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,280
$241.3K
Cap Rate 7%
$172,343
$172.3K
Cap Rate 9%
$134,044
$134.0K
Market Conditions
NOI Build-Up for 787 SF
Gross rent
$23.1K $29.40/SF
− Vacancy
−$1.2K −$1.53/SF
EGI
$21.9K $27.87/SF
− OpEx
−$9.9K −$12.54/SF
NOI
$12.1K $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%
$241,280
Cap Rate 7%
$172,343
Cap Rate 9%
$134,044
Alternative Uses
Best Use
Apartment 5plus
$172.3K
$150.8K – $201.1K
NOI $12,064 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$437.1K
$382.5K – $510.0K
NOI $30,599 @ 7.0% cap · market cap 8.74%
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
4,236
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Private outdoor space, reserved garage parking, and building amenities complement this Alexandria residence.
Where is this residential income property located?
The property is located at 801 N PITT STREET Unit 1209 Alexandria, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 787‑square‑foot condominium with one bedroom, one bathroom, and a private balcony; Reserved garage parking space; Building amenities include a rooftop deck, concierge, package room, and laundry rooms on each floor
