Are you tired of looking at deals in northern Virginia with low cap rates and high interest rates? Well look no further! This single family detached home in south Arlington is a landlords dream. The owner will entertain subject to offers. With the current loan balance at roughly $500K and the asking price of $700K, a buyer could take over the sellers mortgage and reap the benefits of a 3.75% with 5 years already off of the loan, saving them several hundred thousand dollars over time. This property needs a full cosmetic rehab, giving the buyer a chance to get cash flow and have equity after repairs are made.
For sale
$700,000
5024 12th St S, Arlington, VA 22204
6beds
1,880sqft
Single Family Residence
Built in 1946
7,107 Square Feet Lot
$689,700 Zestimate®
$372/sqft
$-- HOA
What's special
- 7 days
- 557
- 34
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Damon Nicholas 703-283-0200,
EXP Realty, LLC 7032830200,
Co-Listing Agent: Dylan Michael Walker 614-302-5586,
EXP Realty, LLC
Source: Bright MLS,MLS#: VAAR2079720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 1
Basement
- Area: 440
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Basement
Features
- Basement: Connecting Stairway,Full,Finished,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 1,880
- Total interior livable area: 1,880 sqft
- Finished area above ground: 1,440
- Finished area below ground: 440
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Street
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 7,107 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 28016007
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Columbia Forest
HOA
- Has HOA: No
Location
- Region: Arlington
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $798,900
- Annual tax amount: $8,412
- Date on market: 10/29/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Seller Financing,Wrap
- Ownership: Fee Simple
Estimated market value
$689,700
$655,000 - $724,000
$3,387/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $700,000-7.9%$372/sqft |
Source: | ||
| 5/31/2026 | Listing removed | $760,000$404/sqft |
Source: | ||
| 4/8/2026 | Price change | $760,000-5%$404/sqft |
Source: | ||
| 3/20/2026 | Listed for sale | $799,900+77.8%$425/sqft |
Source: | ||
| 11/30/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 11/11/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/30/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 4/18/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 1/1/2015 | Sold | $450,000$239/sqft |
Source: | ||
| 11/2/2004 | Sold | $450,000$239/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,955 +3.6% | $770,100 +3.6% |
| 2024 | $7,675 +1% | $743,000 +0.7% |
| 2023 | $7,598 +5.6% | $737,700 +5.6% |
| 2022 | $7,197 +11% | $698,700 +11% |
| 2021 | $6,486 +5.6% | $629,700 +5.1% |
| 2020 | $6,145 +7.1% | $598,900 +7.1% |
| 2019 | $5,737 +7.5% | $559,200 +5.4% |
| 2018 | $5,339 -0.5% | $530,700 -0.5% |
| 2017 | $5,368 +4.6% | $533,600 +3% |
| 2016 | $5,132 +3.2% | $517,900 +3.7% |
| 2015 | $4,974 +5.9% | $499,400 +5.9% |
| 2014 | $4,695 +4.2% | $471,400 +5.3% |
| 2013 | $4,504 +4.7% | $447,700 |
| 2012 | $4,301 +6.9% | -- |
| 2011 | $4,023 | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | $198,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Columbia Forest
Nearby schools
Schools provided by the listing agent
- Elementary: Abingdon
- Middle: Kenmore
- High: Wakefield
- 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.






