1138 N Stafford St, Arlington, VA 22201

Arlington
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1138 N Stafford St,Arlington, VA 22201
$1,498,000
  • 6 Beds
  • - Baths
  • 2,964 sq. ft.
  • Multi-family
  • Pending
Listed by: david cabo
Office: keller williams realty
MLS#:VAAR2064662
Source:BRIGHTMLS

Price summary

  • Price:$1,498,000
  • Price per sq. ft.:$505.4

About this home

Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $100,200 Per Year and an estimated CAP Rate at a strong 5.76%. These units are separately metered and the tenants pay the Electricity Directly. Situated about 3 BLOCKS FROM THE BALLSTON METRO, this property offers dependable rental income and strong tenant demand thanks to its close proximity to Ballston, with Ballston Quarter and its shopping and restaurants. Quincy Park is only a couple of blocks away. The two upper units each have 2 bedrooms, and have been thoughtfully updated with renovated bathrooms and kitchens (2024) with: new quartz countertops, new stainless steel GE appliances, and fresh paint throughout. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathrooms and kitchen areas, with quartz, etc. Outside, the common area features a large deck and 4 off-street parking spots.

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Home facts

  • Year built:1960
  • Listing ID #:VAAR2064662
  • Added:170 day(s) ago
  • Updated:March 25, 2026 at 07:32 AM

Rooms and interior

  • Bedrooms:6
  • Flooring:Ceramic Tile, Hardwood, Luxury Vinyl Plank, Wood
  • Kitchen Description:2nd Kitchen, Built-In Range, Dishwasher, Disposal, Kitchen - Gourmet, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Upgraded Countertops
  • Basement:Yes
  • Basement Description:Connecting Stairway, Daylight, Full, Fully Finished, Heated, Improved, Outside Entrance, Partially Finished, Rear Entrance, Side Entrance, Sump Pump, Windows
  • Living area:2,964 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:1960
  • Building area:2,964 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Exterior Features:Deck(s)
  • Foundation Description:Concrete Perimeter

Schools

  • High school:WASHINGTON-LIBERTY
  • Middle school:SWANSON
  • Elementary school:ASHLAWN

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,498,000
  • Price per sq. ft.:$505.4
  • Tax amount:$10,171 (2025)

Features and amenities

  • Amenities:Electric Available, Natural Gas Available, Window Treatments

Parking

  • Parking description:Asphalt Driveway, Off Street, On Street, Private, Public

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