Investor Opportunity – Turnkey 1BR/1BA Condo with Tenant in Place Excellent investment opportunity in Woodlake Towers! This 1-bedroom, 1-bath condominium is tenant-occupied with a signed one-year lease, providing immediate rental income from day one. The purchaser will assume the existing lease at settlement, making this a true turnkey investment. The unit features a spacious layout, a bright living area, a well-maintained kitchen and bath, and a generously sized bedroom. Residents enjoy outstanding community amenities, including an outdoor pool, fitness center, beautifully maintained grounds, and ample parking. Ideally located near Route 50, Leesburg Pike, I-495, shopping, dining, and public transportation, this property offers excellent rental appeal. Investment Highlights: Tenant-occupied with a one-year lease Current Monthly Rent: $2,150 Monthly Condo Fee: $689 Immediate rental income Turnkey investment opportunity Please note: The property is being sold subject to the existing lease. Photos are from a previous listing and are provided for reference only, as no new interior photos were taken to respect the tenant's privacy.
For sale
$229,900
3101 S Manchester St APT 510, Falls Church, VA 22044
1beds
785sqft
:
Get pre-qualified$2,223/mo
Condominium
Built in 1972
-- sqft lot
$226,500 Zestimate®
$293/sqft
$690/mo HOA
What's special
Beautifully maintained groundsOutdoor poolAmple parkingGenerously sized bedroomWell-maintained kitchenFitness centerSpacious layout
- 11 days |
- 85 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Paul Gonzalez 571-233-9669,
Compass (703) 266-7277
Source: Bright MLS,MLS#: VAFX2328632
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: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 785
- Total interior livable area: 785 sqft
- Finished area above ground: 785
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0514 13030510
- Zoning: 230
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional,Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Brick
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Septic, Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $690 monthly
- Subdivision: Woodlake Towers
HOA
- Has HOA: No
- Amenities included: Clubhouse
- Services included: Electricity, Water, Reserve Funds, Pool(s), Pest Control, Laundry, Heat
Location
- Region: Falls Church
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $213,650
- Annual tax amount: $2,470
- Date on market: 7/16/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Estimated market value
$226,500
$215,000 - $238,000
$1,940/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $229,900+6.9%$293/sqft |
Source:  Bright MLS #VAFX2328632 Report a problem | ||
| 8/11/2024 | Listing removed | -- |
Source: Bright MLS #VAFX2187266 Report a problem | ||
| 6/28/2024 | Price change | $2,050-8.9%$3/sqft |
Source: Bright MLS #VAFX2187266 Report a problem | ||
| 6/19/2024 | Listed for rent | $2,250$3/sqft |
Source: Bright MLS #VAFX2187266 Report a problem | ||
| 5/13/2022 | Sold | $215,000+2.4%$274/sqft |
Source: Bright MLS #VAFX2059482 Report a problem | ||
| 4/11/2022 | Pending sale | $210,000$268/sqft |
Source: Bright MLS #VAFX2059482 Report a problem | ||
| 4/8/2022 | Listed for sale | $210,000+50%$268/sqft |
Source: Bright MLS #VAFX2059482 Report a problem | ||
| 12/16/2009 | Sold | $140,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,470 +3.8% | $213,650 +4% |
| 2024 | $2,380 +11.9% | $205,430 +9% |
| 2023 | $2,127 +14% | $188,470 +15.5% |
| 2022 | $1,866 | $163,180 -8% |
| 2021 | -- | $177,370 +7% |
| 2020 | $1,962 +9.8% | $165,770 +9.8% |
| 2019 | $1,786 +4.7% | $150,920 +4.7% |
| 2018 | $1,706 +4.3% | $144,160 +2.3% |
| 2017 | $1,636 -1% | $140,900 -1.2% |
| 2016 | $1,652 +7% | $142,600 +3.1% |
| 2015 | $1,543 +8.2% | $138,290 +7.9% |
| 2014 | $1,427 | $128,120 +12% |
| 2013 | -- | $114,390 +11.6% |
| 2012 | -- | $102,490 -45.5% |
| 2008 | -- | $188,020 -9.7% |
| 2007 | -- | $208,310 +146% |
| 2003 | -- | $84,685 +17% |
| 2002 | -- | $72,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Seven Corners
Nearby schools
GreatSchools rating
- 2/10Glen Forest Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Glasgow Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Justice High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Fairfax 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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