1138 N Stafford St, Arlington, VA 22201

Local realty services provided by:ERA Reed Realty, Inc.
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1960
  • Listing ID #:VAAR2064788
  • Added:127 day(s) ago
  • Updated:February 12, 2026 at 02:42 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)

New listings near 1138 N Stafford St