3812 13th St N, Arlington, VA 22201

$2,040,000
3,072
SqFt

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Sold Price
$2,040,000
List Price
$2,090,000
Status
CLOSED
Days on Market
32
Closing Date
Aug 17, 2026
MLS#
VAAR2073918
Subtype
Multi-Family
Style
Traditional
Year Built
1961
Living Area
3,072
Lot Size
11,270
Acres
0.26
Subdivision
Virginia Square

Property Description

CASH COW! This THREE UNIT property is located just four blocks from Ballston MU Metro Station! Gross rent is a whopping $140,280! Net Operating Income (NOI) is a stout $123,812.43! All three units are 1,000sf three bedroom, two full bathroom apartments. This property is being marketed for $2,090,000, providing an excellent 5.92% cap rate. This generational investment property underwent a full, extensive capex renovation in 2021, including three kitchen renovations, six bathroom renovations, new flooring, new systems, roof and other infrastructure. Located in a residential neighborhood on a massive .25ac (11,270sf) lot that provides 9+ off-street parking spaces. Totally turnkey with long-term leases in place. Unit A (lowest level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 08/31/2026. Unit B (middle level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 01/31/2027. Unit C (upper level) - 3-bedroom 2 bathroom rented for $4,090/mo through 01/31/2027. If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries. Contact Listing Agent, James P. Andors for details. Expenses (Insurance ($1,839.65), utilities ($2,931.28), taxes ($11,696.64) = $16,467.57 NOI = $123,812.43

Additional Information

Taxes
$11,697
Property Description
Traditional
Zoning
R-5
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Water Heater
Heating
Forced Air
Air Conditioning
Ceiling Fan(s)
Foundation
Other
School District
Arlington County Public Schools
Elementary School
Arlington Science Focus
Middle School
Dorothy Hamm
High School
Washington-Liberty

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Listing courtesy of Keller Williams Realty. Contact:

Selling Office: Keller Williams Realty.