Corner-Unit Residential Income
For Sale
$290,000
808 S ARLINGTON MILL DRIVE Unit 9-101, Arlington, VA 22204
The two-bedroom condo includes updated interior finishes, dedicated parking, and access to a community pool and bike room.
Property Size692 SF
Price / SF$419.08
Days on Market19
Property Features for 808 S ARLINGTON MILL DRIVE Unit 9-101
General Information
Standard status
Active
Size
692 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Mill
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,825
Amenities
outdoor community pool
dedicated parking
separate storage
bike room
Building Details
Building Size
692 SF
Year Built
1947
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 10
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 692-square-foot corner-unit condo has two bedrooms and one bathroom, with a separate dining area and a living room featuring a bay window. Interior details include granite countertops, stainless steel appliances, two closets in the primary bedroom, and a tiled shower. The home was painted in 2026 and has LVP flooring and ceramic tile in the bathroom. Dedicated parking and separate storage are included, along with access to a community pool and bike room.
The property is near Four Mile Run Trail and within walking distance of Glyn Carlin Park. Arlington Mill Community Center, bus service, Shirlington restaurants and shopping, Ballston Metro, Pentagon City, Reagan National Airport, and Washington, DC are also identified as nearby destinations. The building dates to 1947.
The property is near Four Mile Run Trail and within walking distance of Glyn Carlin Park. Arlington Mill Community Center, bus service, Shirlington restaurants and shopping, Ballston Metro, Pentagon City, Reagan National Airport, and Washington, DC are also identified as nearby destinations. The building dates to 1947.
Key Highlights
- 692‑square‑foot corner unit with two bedrooms and one bathroom
- Painted in 2026; features LVP flooring and ceramic tile in the bathroom
- Granite countertops, stainless steel appliances, and a tiled shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,413
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,260
$208.3K
Cap Rate 7%
$148,757
$148.8K
Cap Rate 9%
$115,700
$115.7K
Market Conditions
NOI Build-Up for 692 SF
Gross rent
$19.9K $28.80/SF
− Vacancy
−$996 −$1.44/SF
EGI
$18.9K $27.36/SF
− OpEx
−$8.5K −$12.31/SF
NOI
$10.4K $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%
$208,260
Cap Rate 7%
$148,757
Cap Rate 9%
$115,700
Alternative Uses
Best Use
Apartment 5plus
$148.8K
$130.2K – $173.6K
NOI $10,413 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$384.4K
$336.3K – $448.4K
NOI $26,905 @ 7.0% cap · market cap 9.28%
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
829
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 - The two-bedroom condo includes updated interior finishes, dedicated parking, and access to a community pool and bike room.
Where is this residential income property located?
The property is located at 808 S ARLINGTON MILL DRIVE Unit 9-101 Arlington, VA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 692‑square‑foot corner unit with two bedrooms and one bathroom; Painted in 2026; features LVP flooring and ceramic tile in the bathroom; Granite countertops, stainless steel appliances, and a tiled shower
