Welcome to 206 N Payne Street, a rare opportunity in the heart of Old Town Alexandria's highly desirable Parker Gray Historic District. Whether you're looking to renovate, expand, or build your dream home, the true value here is in the oversized lot and endless potential this property offers. As an end unit with a deep backyard, there's incredible space to create a substantial addition while still maintaining plenty of outdoor living space. The property also includes a separate storage building, providing valuable extra storage or workshop space. The existing home is full of charm and has been freshly updated with neutral paint and carpet, making it comfortable to enjoy while you plan your vision. The cozy kitchen opens to the living area, and the expansive backyard offers endless possibilities for entertaining, along with the dual decks overlooking your back yard which is a perfect space for gardening, or future expansion. Location is everything, and this one simply can't be beat. Enjoy the rich history, walkability, and small town feel that make Old Town Alexandria so special. You're just blocks from King Street's restaurants, boutiques, coffee shops, and nightlife, with easy access to the Braddock Road and King Street Metro stations. Commuters will appreciate the quick drive to Washington, DC, Amazon HQ2, National Landing, Reagan National Airport, the Pentagon, the GW Parkway, and I-495. Opportunities like this are becoming increasingly rare. Whether you're an investor, builder, or buyer looking to create your forever home, 206 N Payne Street offers exceptional potential in one of Northern Virginia's most sought after neighborhoods.
For sale
Price cut: $64K (9/9)
$625,000
206 N Payne St, Alexandria, VA 22314
1beds
702sqft
Townhouse
Built in 1920
1,485 Square Feet Lot
$618,300 Zestimate®
$890/sqft
$-- HOA
What's special
Deep backyardSeparate storage buildingExpansive backyardOversized lotPerfect space for gardening
- 63 days
- 1,017
- 46
Zillow last checked:
Listing updated:
Listed by:
Leesa Woodbery 571-284-8007,
Real Property Management Pros (703) 424-7767
Source: Bright MLS,MLS#: VAAX2063762
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Other, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Washer, Dryer, Refrigerator, Cooktop, Electric Water Heater
- Laundry: Dryer In Unit, Upper Level, Washer In Unit
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 702
- Total interior livable area: 702 sqft
- Finished area above ground: 702
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Pool features: None
- Fencing: Full
Lot
- Size: 1,485 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 10303500
- Zoning: RB
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Frame
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Parker Gray Historic District
HOA
- Has HOA: No
Location
- Region: Alexandria
Financial & listing details
- Price per square foot: $890/sqft
- Tax assessed value: $699,725
- Annual tax amount: $7,941
- Date on market: 7/8/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$618,300
$587,000 - $649,000
$2,374/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $625,000-9.3%$890/sqft |
Source: | ||
| 8/3/2026 | Price change | $689,000-3%$981/sqft |
Source: | ||
| 7/8/2026 | Listed for sale | $709,999+89.3%$1,011/sqft |
Source: | ||
| 8/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/1/2023 | Listed for rent | $2,300+17.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2020 | Listing removed | $1,950$3/sqft |
Source: Charles R. Hooff, Inc. #VAAX251038 Report a problem | ||
| 9/25/2020 | Listed for rent | $1,950$3/sqft |
Source: Charles R. Hooff, Inc. #VAAX251038 Report a problem | ||
| 8/2/2006 | Sold | $375,000+127.7%$534/sqft |
Source: Public Record Report a problem | ||
| 5/31/2000 | Sold | $164,700+27.7%$235/sqft |
Source: Public Record Report a problem | ||
| 11/4/1997 | Sold | $129,000$184/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,942 | $699,725 |
| 2025 | $7,942 +7.9% | $699,725 +7.9% |
| 2024 | $7,360 +2.3% | $648,475 |
| 2023 | $7,198 +0.7% | $648,475 +0.7% |
| 2022 | $7,146 -5% | $643,823 +5% |
| 2021 | $7,525 | $613,365 +9.8% |
| 2020 | -- | $558,676 +11.2% |
| 2019 | -- | $502,373 |
| 2018 | $4,506 -10.1% | $502,373 |
| 2017 | $5,009 | $502,373 +4.6% |
| 2016 | $5,009 +4.1% | $480,291 +4.1% |
| 2015 | $4,814 +4.5% | $461,570 +4.5% |
| 2014 | $4,606 +9% | $441,632 +2.2% |
| 2013 | $4,225 +3.4% | $432,040 +3.4% |
| 2012 | $4,086 +0.8% | $417,831 +0.8% |
| 2011 | $4,052 +1.6% | $414,349 +1.6% |
| 2010 | $3,987 +9.6% | $407,651 +1.2% |
| 2009 | $3,639 +4% | $402,941 -2.7% |
| 2008 | $3,499 +6.9% | $414,061 +5% |
| 2007 | $3,272 -7% | $394,262 -8.7% |
| 2006 | $3,518 -2.6% | $431,700 +27.9% |
| 2005 | $3,612 +33.4% | $337,600 +33.4% |
| 2004 | $2,708 +12.9% | $253,100 +12.9% |
| 2003 | $2,399 +22.7% | $224,200 +22.7% |
| 2002 | $1,955 +17% | $182,700 +17% |
| 2001 | $1,670 | $156,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Braddock Road Metro
Nearby schools
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.






