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For sale
  • $549,900

    125 N Lee St #Dh407, Alexandria, VA 22314

    1beds
    687sqft
    : 
    $3,965/mo
    Get pre-qualified
    Condominium
    Built in 1985
    -- sqft lot
    $539,900 Zestimate®
    $800/sqft
    $391/mo HOA

    What's special

    Open floor planAbundance of natural lightIncluded garage parking spotSouthern exposureOversized windowsMultiple additional closets
    Torpedo Factory Condominium: Old Town's best address! Quiet, turnkey, one-level living with garage parking and an incredibly low monthly fee! Perched on the fourth floor of the iconic Torpedo Factory Condominium, this home offers a rare opportunity to own a stylish, fully updated retreat at Old Town Alexandria’s most coveted address. This one-level home is defined by its southern exposure, where oversized windows invite an abundance of natural light to illuminate the open floor plan. The airy, thoughtful layout creates a sense of spaciousness that far exceeds its footprint, perfectly framing serene treetop views over the lush central courtyard. Accessible by elevator for easy, stair-free living, this residence occupies a coveted position on the peaceful side of the community, offering a tranquil sanctuary just moments from the vibrant energy of Old Town. Every inch of this home is completely turnkey, featuring a brand-new HVAC system installed in 2026 for total peace of mind. The interior is as functional as it is beautiful, boasting a primary bedroom with a generous walk-in closet, multiple additional closets, and the convenience of an in-unit stacked washer and dryer. Life here is made effortless with an included garage parking spot, though you may find yourself leaving the car behind more often than not. The location is truly unparalleled, situated just one block from the bustling shops and dining of King Street and a single block from the scenic Potomac River waterfront. Residents enjoy immediate access to cozy cafes, locally-owned boutiques, historic landmarks, and miles of riverside jogging trails. When it’s time to venture further, the home offers seamless connections to Reagan National Airport, the Pentagon, and downtown Washington, DC. This is more than just a home; it is a gateway to the very best of Old Town living, blending modern comfort with an unbeatable urban lifestyle. The Torpedo Factory Condominium is Old Town's best address.
    44 days
    |
    2,049
    |
    79
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Virbickas 202-549-4447,

    Compass (301) 298-1001,

    Listing Team: Cityscape Group

    Source: Bright MLS,MLS#: VAAX2063030MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Basement
      • Area: 0
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Flooring: Luxury Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 687
      • Total interior livable area: 687 sqft
      • Finished area above ground: 687
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Inside Entrance, Garage Door Opener, Garage Faces Front, Assigned, Lighted, Secured, Attached
      • Attached garage spaces: 1
      • Details: Assigned Parking, Assigned Space #: 80
      Accessibility
      • Accessibility features: Doors - Swing In, Accessible Elevator Installed, No Stairs
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 50471030
      • Zoning: RM
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Fiber Optic, Cable, Broadband

      Community & HOA

      Community
      • Condo and coop fee: $391 monthly
      • Subdivision: Old Town Alexandria
      HOA
      • Has HOA: No
      • Amenities included: Common Grounds, Elevator(s), Reserved/Assigned Parking, Security, Storage Bin
      • Services included: Common Area Maintenance, Custodial Services Maintenance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Reserve Funds, Sewer, Snow Removal, Trash, Water
      • HOA name: Torpedo Factory Condominium
      Location
      • Region: Alexandria

      Financial & listing details

      • Price per square foot: $800/sqft
      • Tax assessed value: $511,432
      • Annual tax amount: $5,804
      • Date on market: 6/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Moen Water Sensor (installed)
      • Exclusions: Bathroom Mirror
      • Ownership: Condominium

        Estimated market value

        $539,900

        $513,000 - $567,000

        $2,315/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$549,900+64.1%$800/sqft
        Source: Bright MLS #VAAX2063030 Report a problem
        1/16/2013Sold$335,000$488/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$5,805 +4.8%$511,432 +4.8%
        2025$5,537 +4.8%$487,821 +4.8%
        2024$5,282 -8%$465,332 -10%
        2023$5,739 +9.6%$517,035 +9.6%
        2022$5,235 -5.4%$471,605 +4.8%
        2021$5,535 $449,896 +2.9%
        2020-- $437,297 +10.4%
        2019-- $396,237 -3.3%
        2018$3,603 -6.5%$409,675 +4.4%
        2017$3,853 $392,351 +6.2%
        2016$3,853 $369,394
        2015$3,853 +4.4%$369,394 +4.4%
        2014$3,692 +6.6%$353,969
        2013$3,462 +8.1%$353,969 +8.1%
        2012$3,202 $327,387
        2011$3,202 +1.4%$327,387 +1.4%
        2010$3,156 -3.2%$322,726 -10.6%
        2009$3,260 +5.7%$361,058 -1.1%
        2008$3,084 -0.9%$364,943 -2.6%
        2007$3,111 -3.3%$374,870 -5%
        2006$3,216 -1.2%$394,600 +29.8%
        2005$3,254 +20.2%$304,100 +20.2%
        2004$2,708 +22.7%$253,100 +22.7%
        2003$2,207 +18%$206,300 +18%
        2002$1,870 +11.9%$174,800 +11.9%
        2001$1,671 $156,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Town

        Getting around

        95 / 100
        Walker's Paradise
        55 / 100
        Good Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Alexandria City Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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