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Sold for $1,850,000
  • $1,850,000

    4206 Washington Blvd, Arlington, VA 22201

    8beds
    --baths
    3,178sqft
    Quadruplex
    Built in 1960
    -- sqft lot
    $1,843,800 Zestimate®
    $582/sqft
    $3,554 Estimated rent

    Home value

    $1,843,800

    $1.75M - $1.94M

    $3,554/mo

    Zestimate® history
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    $3,554/mo

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    What's special

    Detached two-car garageIn-unit laundryRenovated bathroomBar islandRenovated kitchen
    CASH COW! This FOUR UNIT property is located just two blocks from Ballston MU Metro Station! Gross rent is a whopping $138,840! Net Operating Income (NOI) is a stout $118,393! Two 3-bedroom units, One 1-bedroom unit and One efficiency unit. This property is being marketed for $1,890,000, providing an amazing 6.26% cap rate. Property underwent a substantial and extensive Capex in 2021, including kitchen renovations, bathroom renovations, flooring, systems, roof and other infrastructure. Totally turn key with long-term leases in place. Off-street parking for three cars, PLUS a detached two-car garage! Unit 1 - 3-Bedroom middle-level unit rented for $3,800/mo through 08/31/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf. Unit 2 - 3-Bedroom upper-level rented for $3,900/mo through 06/30/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf. Unit 3 - Efficiency, lower level unit rented for $1,320/mo through 03/01/2027. Includes modest kitchen and is approximately 400sf. Unit 4 -1-Bedroom lower-level unit currently marketed for $2,200/mo. Includes renovated kitchen with bar island and SS appliances, renovated bathroom and in-unit laundry and is approximately 600sf. If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries.

    Zillow last checked:

    Listing updated:

    Listed by:

    James P Andors 703-203-1117,

    Keller Williams Realty,

    Listing Team: Andors Real Estate Group

    Bought with:

    Cristina Sison, 0225061625

    Realty ONE Group Capital

    Source: Bright MLS,MLS#: VAAR2071500MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 1089
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Luxury Vinyl, Ceramic Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,267
    • Total interior livable area: 3,178 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Faces Front, Paved, Detached, Driveway
    • Garage spaces: 2
    • Uncovered spaces: 3
    • Details: Garage Sqft: 375
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 5,007 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 14023011
    • Zoning: R15-30T
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Other
    • Roof: Architectural Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1960
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Arlington
    • Subdivision: Ballston

    HOA & financial

    Other financial information
    • Total actual rent: 138840

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/1/2026Sold$1,850,000-2.1%$582/sqft
    Source: Bright MLS #VAAR2071500 Report a problem
    5/15/2026Contingent$1,890,000$595/sqft
    Source: Bright MLS #VAAR2071500 Report a problem
    4/15/2026Listed for sale$1,890,000+58.2%$595/sqft
    Source: Bright MLS #VAAR2071500 Report a problem
    9/10/2024Listing removed$6,000$2/sqft
    Source: Zillow Rentals Report a problem
    2/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/21/2024Listed for rent$6,000$2/sqft
    Source: Zillow Rentals Report a problem
    1/20/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/22/2023Listed for rent$6,000+68.9%$2/sqft
    Source: Zillow Rentals Report a problem
    2/11/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    12/2/2021Listed for rent$3,553$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    11/3/2021Sold$1,195,000$376/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,715 +5.9%$1,230,900 +5.9%
    2024$12,003 +6.8%$1,162,000 +6.5%
    2023$11,238 +12%$1,091,100 +12%
    2022$10,035 +24.2%$974,300 +24.2%
    2021$8,077 +3.4%$784,200 +3%
    2020$7,815 +1.8%$761,700 +1.8%
    2019$7,677 +3.4%$748,200 +1.4%
    2018$7,425 -3.6%$738,100 -3.6%
    2017$7,700 +1.5%$765,400
    2016$7,585 +9.9%$765,400 +10.5%
    2015$6,901 $692,900
    2014$6,901 +1.9%$692,900 +3%
    2013$6,769 +11.6%$672,900
    2012$6,068 -3.3%--
    2011$6,274 --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- $321,600

    Find assessor info on the county website

    Neighborhood: Ballston-Virginia Square

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ashlawn
    • Middle: Swanson
    • 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
    $1,843,800
    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
    $1,843,800