Renovated Two-Bedroom
For Sale
$350,000
801 S GREENBRIER STREET Unit 404, Arlington, VA 22204
A first-floor corner residence combines updated interiors with a private outdoor area and convenient garage access.
Property Size1,100 SF
Price / SF$318.18
Days on Market41
Property Features for 801 S GREENBRIER STREET Unit 404
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Bluemont
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,174
Amenities
stainless steel appliances
granite countertops
open floor plan
private outdoor space
Building Details
Building Size
1,100 SF
Year Built
2005
Listing Agency:
Samson Properties
Listed By:
Maria M Leightley · License #0225060273
(703) 989-5908
Source:
Canopy-re
Added: Sep 18
Changed: Oct 27
Last Checked: Oct 26 at 12:27PM
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 1,300-square-foot, two-bedroom, two-bath condo was built in 2005 and has a first-floor corner layout. Renovations include the kitchen and bathrooms, with LVP flooring and fresh paint throughout. The kitchen features stainless steel appliances, granite countertops, and substantial storage. Both bedrooms have walk-in closets, and the floor plan includes a private outdoor space. A new water heater is identified for 2026.
Garage access is available from the main floor. The corner position brings natural light into the residence.
Garage access is available from the main floor. The corner position brings natural light into the residence.
Key Highlights
- 1,300‑square‑foot, two‑bedroom, two‑bath condo
- First‑floor corner unit with garage access
- Updated kitchen and bathrooms; LVP flooring and fresh paint throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,553
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,060
$331.1K
Cap Rate 7%
$236,471
$236.5K
Cap Rate 9%
$183,922
$183.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$31.7K $28.80/SF
− Vacancy
−$1.6K −$1.44/SF
EGI
$30.1K $27.36/SF
− OpEx
−$13.5K −$12.31/SF
NOI
$16.6K $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%
$331,060
Cap Rate 7%
$236,471
Cap Rate 9%
$183,922
Alternative Uses
Best Use
Apartment 5plus
$236.5K
$206.9K – $275.9K
NOI $16,553 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$611.0K
$534.6K – $712.8K
NOI $42,768 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,204
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor corner residence combines updated interiors with a private outdoor area and convenient garage access.
Where is this residential income property located?
The property is located at 801 S GREENBRIER STREET Unit 404 Arlington, 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: 1,300‑square‑foot, two‑bedroom, two‑bath condo; First‑floor corner unit with garage access; Updated kitchen and bathrooms; LVP flooring and fresh paint throughout
