Three-Bedroom Residential Income
For Sale
$625,000
900 N STAFFORD STREET Unit 1805, Arlington, VA 22203
High-rise residence with flexible rooms, western exposure, garage parking, storage, and direct indoor access to Ballston Metro.
Property Size1,185 SF
Price / SF$527.43
Days on Market20
Property Features for 900 N STAFFORD STREET Unit 1805
General Information
Standard status
Active
Size
1,185 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,032
Amenities
24-hour front desk
fitness center
community room
Building Details
Building Size
1,185 SF
Year Built
1989
Listing Agency:
Real Broker, LLC - Arlington
Listed By:
Shawn R Battle · License #0225080651
(703) 999-8108
Source:
Kerishull
Added: Sep 17
Changed: Oct 6
Last Checked: Oct 5 at 10:18PM
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 Real Broker, LLC - Arlington
Investment Insights
Based on property information with market context.
Unit 1805 is a three-bedroom, two-bath residential income property within the Altavista. The 1,185-square-foot layout includes a living room, dining area, sunroom, kitchen with black granite counters and Shaker-style cabinetry, two secondary bedrooms, and a primary suite with multiple closets and an en-suite bath. Wood laminate flooring serves the main living areas, while the bedrooms feature newly installed luxury vinyl flooring. Western-facing windows in the sunroom provide afternoon light and sunset views.
The property includes one assigned garage parking space and a private storage unit. Residents have access to a 24-hour front desk, fitness center, community room, and an enclosed connection to Ballston Metro. Ballston Quarter, restaurants, retail, entertainment, and daily conveniences are nearby. Built in 1989, the residence combines a multi-room floor plan with building amenities and transit access.
The property includes one assigned garage parking space and a private storage unit. Residents have access to a 24-hour front desk, fitness center, community room, and an enclosed connection to Ballston Metro. Ballston Quarter, restaurants, retail, entertainment, and daily conveniences are nearby. Built in 1989, the residence combines a multi-room floor plan with building amenities and transit access.
Key Highlights
- Three‑bedroom, two‑bath layout measuring 1,185 square feet
- Western‑facing sunroom with afternoon light and sunset views
- One assigned garage parking space conveys
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,832
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,640
$356.6K
Cap Rate 7%
$254,743
$254.7K
Cap Rate 9%
$198,133
$198.1K
Market Conditions
NOI Build-Up for 1,185 SF
Gross rent
$34.1K $28.80/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$32.4K $27.36/SF
− OpEx
−$14.6K −$12.31/SF
NOI
$17.8K $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%
$356,640
Cap Rate 7%
$254,743
Cap Rate 9%
$198,133
Alternative Uses
Best Use
Apartment 5plus
$254.7K
$222.9K – $297.2K
NOI $17,832 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$658.2K
$575.9K – $767.9K
NOI $46,073 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,861
Businesses Nearby
Explore this area
Business Placement
Demographics for 22203, VA
25,437
Population
14,528
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
95%
High-School Grad
1.6 sq mi
ZIP Area
15,898
Density / Sq Mi
$132,402
Median Household Income
$90,699
Median Earnings
$2,318
Median Rent
$809,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - High-rise residence with flexible rooms, western exposure, garage parking, storage, and direct indoor access to Ballston Metro.
Where is this residential income property located?
The property is located at 900 N STAFFORD STREET Unit 1805 Arlington, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bath layout measuring 1,185 square feet; Western‑facing sunroom with afternoon light and sunset views; One assigned garage parking space conveys
