1138 N Stafford St, Arlington, VA 22201
Local realty services provided by:Better Homes and Gardens Real Estate Premier
1138 N Stafford St,Arlington, VA 22201
$1,498,000
- 6 Beds
- 3 Baths
- 2,964 sq. ft.
- Single family
- Active
Listed by: david cabo
Office: keller williams realty
MLS#:VAAR2064788
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 The cap rate for this property is estimated 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 #:VAAR2064788
- Added:139 day(s) ago
- Updated:February 25, 2026 at 02:44 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- 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
Schools
- High school:WASHINGTON LEE
- 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:$9,779 (2024)
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