1138 N Stafford St, Arlington, VA 22201

Arlington
Local realty services provided by:ERA Liberty Realty
1138 N Stafford St,Arlington, VA 22201
$1,498,000
  • 6 Beds
  • - Baths
  • 2,964 sq. ft.
  • Single family
  • Pending
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:173 day(s) ago
  • Updated:March 30, 2026 at 07:50 AM

Rooms and interior

  • Bedrooms:6
  • Full bathrooms:3
  • Dining Description:Dining Area
  • Kitchen Description:2nd Kitchen, Built-In Range, Dishwasher, Disposal, Kitchen - Gourmet, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater
  • Basement:Yes
  • Basement Description:Daylight, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Side Entrance, Sump Pump, Walkout Stairs, 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
  • Lot Features:Urban
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Exterior Features:Deck(s)
  • Foundation Description:Concrete Perimeter
  • Levels:3 Story

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)

Features and amenities

  • Laundry features:Dryer, Dryer In Unit, Has Laundry, Washer, Washer In Unit
  • Amenities:Electric Available, Natural Gas Available, Window Treatments

Parking

  • Parking description:Asphalt Driveway, Private

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