Prime Multi-Family Investment Opportunity. Fully leased 2-unit garden-style building in sought after Lyon Park. Excellent upside - ideal for owner occupancy with additional rental apartment. Potential for added value in upgrading and expanding the lower-level to create a large combined 2-floor unit, or modernize the existing units, for added value to bring the rent up to market rate. Currently leased below comps in the neighborhood. Consisting of two residential apartments – each with approx. 1,044 SF, 2 bedrooms, 1 bathroom, galley kitchen, carpet flooring, and central HVAC. Amenities include 2 off-street parking spaces, on-site laundry room, basement storage, walk-up attic storage and shared backyard. Recent updates - roof (2020), HVAC and hot water heaters (2015). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport and 4 blocks to Clarendon Metro Station. Listed at Arlington County Tax Assessment value of $1,053,000. Sold in As-Is condition.
Sold for $1,080,000
$1,080,000
2605 N Pershing Dr, Arlington, VA 22201
4beds
--baths
3,132sqft
Duplex
Built in 1957
-- sqft lot
$1,448,400 Zestimate®
$345/sqft
$3,638 Estimated rent
Home value
$1,448,400
$1.33M - $1.58M
$3,638/mo
Zestimate® history
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List your homeWhat's special
Shared backyardOn-site laundry roomCentral hvacCarpet flooringBasement storageWalk-up attic storageOff-street parking spaces
Zillow last checked:
Listing updated:
Listed by:
Virginia Smith 703-836-1116,
Arlington Realty, Inc.
Bought with:
Viktar Kutsevich, 669621
Samson Properties
Source: Bright MLS,MLS#: VAAR2061984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 1044
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Refrigerator, Gas Water Heater
Features
- Ceiling Fan(s), Kitchen - Galley, Combination Dining/Living
- Flooring: Carpet
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 3,132
- Total interior livable area: 3,132 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,611 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18040002
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
- Roof: Asphalt
Condition
- Good
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Lyon Park
Location
- Region: Arlington
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $1,053,000
- Annual tax amount: $11,135
- Date on market: 8/4/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $1,080,000+2.6%$345/sqft |
Source:  Bright MLS #VAAR2061984 Report a problem | ||
| 8/19/2025 | Pending sale | $1,053,000$336/sqft |
Source: Bright MLS #VAAR2061984 Report a problem | ||
| 8/4/2025 | Listed for sale | $1,053,000$336/sqft |
Source: Bright MLS #VAAR2061984 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,877 +3.6% | $1,053,000 +3.6% |
| 2024 | $10,498 +3.8% | $1,016,300 +3.5% |
| 2023 | $10,112 +3.2% | $981,700 +3.2% |
| 2022 | $9,794 +1.2% | $950,900 +1.2% |
| 2021 | $9,680 +7.9% | $939,800 +7.4% |
| 2020 | $8,974 +1.9% | $874,700 +1.9% |
| 2019 | $8,803 +2.6% | $858,000 +0.6% |
| 2018 | $8,578 +2.4% | $852,700 +2.4% |
| 2017 | $8,378 +12% | $832,800 +10.3% |
| 2016 | $7,483 +2.7% | $755,100 +3.2% |
| 2015 | $7,285 -4% | $731,400 -4% |
| 2014 | $7,585 +3.9% | $761,500 +4.9% |
| 2013 | $7,301 +3.6% | $725,700 |
| 2012 | $7,047 +12.5% | -- |
| 2011 | $6,262 | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | $306,800 |
Find assessor info on the county website
Neighborhood: Lyon Park
Nearby homes
- $--3 bd1 ba1k sqft2605 N Pershing Dr APT B, Arlington, VA 22201Off Market
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- $1,511,6009 bd4 ba4.2k sqft2601 N Pershing Dr, Arlington, VA 22201Off Market
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Nearby schools
GreatSchools rating
- 4/10Long Branch Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Jefferson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Washington Liberty High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Long Branch
- Middle: Jefferson
- High: Washington-liberty
- District: Arlington County 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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Estimated market value
$1,448,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,448,400
- Virginia
- Arlington County
- Arlington
- 22201
- Lyon Park
- 2605 N Pershing Dr
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