Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,050,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,775 Sq. Ft.
  • Updated 1 day ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Sunday 4/26 2:00 PM - 4:00 PM

506 S Payne Street,Alexandria, VA 22314

506 S Payne StreetAlexandriaVA22314

Get directions
See This Home
Save This Home
See This Home
Save This Home
Nestled in Old Town Alexandria, 506 S Payne Street is an extraordinary townhome redefining exceptional living. This classic 3-bedroom, 2.5-bathroom townhome built in 1940 has been beautifully transformed to live like brand new, preserving its original structural quality while introducing today's modern updates for the perfect balance of warmth, style and functionality. Step inside to discover a sunlit living space adorned with LED lighting, large picture window, engineered floors, crown molding and an elegant stacked stone wall with an inviting, eco-friendly electric fireplace. The open-concept kitchen is a culinary haven, featuring granite countertops, stainless steel appliances, accented backsplash and custom stained butcher block island. A half bath plus seamless flow from the kitchen to the living and dining areas and private outdoor patio creates an ideal setting for entertaining-whether it's an intimate dinner party or casual weekend brunch. Upstairs, you'll find a spacious main bedroom with an expanded walk-in closet and two additional bedrooms, one includes a washer/dryer hookup for upper level laundry. The renovated bathroom features a timeless finish and thoughtful clerestory window detail, ensuring natural light, convenience and sophistication. The lower level offers a second laundry hookup, storage, full bath, wet bar and versatile recreation space-perfect as a guest room, home office, gym or media room. The outdoor space sets this home apart - you'll appreciate privacy in the back yard with a six foot, low maintenance pvc fence, plush green grass and a patio that feels like your own urban oasis. Imagine sipping your morning coffee or hosting summer outdoor gatherings. The shed provides storage for yard, hobby and entertaining essentials. Living here means being just steps away from the best of Old Town-King Street boutique shops, award-winning restaurants, scenic waterfront parks and Metro access for easy travel. Commuting is a breeze with an 87 walk score, 80 bike score plus minutes to access Route 1/I495. With its unbeatable location and undeniable charm, 506 S Payne St is more than a home-it's a lifestyle and it's waiting for you!

Full Property Details for 506 S Payne St

General

  • Price: $1,050,000
  • Taxes: $9,609 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAAX2055388
  • Updated: 4/22/2026
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Laundry, Utility Room, Primary Bathroom, Full Bath, Half Bath
  • Interior Features: Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Bathroom - Stall Shower, Upgraded Countertops, Crown Moldings, Recessed Lighting, Skylight(s), Wet/Dry Bar, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Cooktop, Disposal, Dishwasher, Oven - Double, Refrigerator, Stainless Steel Appliances, Icemaker, Water Heater, Built-In Microwave
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1
  • Lower Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Other Rooms

  • Laundry: Lower Floor

Exterior

  • Porch/Patio/Deck: Patio(s)

Parking

  • Parking Type: On Street

Location

  • County: ALEXANDRIA CITY
  • Subdivision: CAVALIER HOMES
  • Driving Directions: gps
  • City Limits: Yes

School Information

  • School District: Alexandria City Public Schools
  • Elementary School: Lyles-Crouch
  • Middle School: George Washington
  • High School: Alexandria City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Interior Row/Townhouse
  • Construction: Brick, Masonry
  • Basement: Yes
  • Basement Desc.: Fully Finished, Improved, Walkout Stairs, Windows
  • Foundation: Slab
  • Roof: Other, Flat
  • Stories Description: Lower 1, Main, Upper 1
  • Square Feet: 1,775
  • Sq. Ft. Source: Estimated
  • Living Area: 1,775 Sq. Ft.
  • Finished Above Grnd: 1,224 Sq. Ft.
  • Finished Below Grnd: 551 Sq. Ft.
  • Year Built: 1940
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

Unit 1

  • Bathrooms-Lower: 1

Additional Structures

  • Other Structures: Shed

Lot Features

  • Property View: Garden/Lawn, Street
  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,078
  • Lot Size Source: Assessor
  • Zoning: RB
  • Lot Description: Front Yard, Rear Yard
  • Fencing (Description): Fully, Vinyl, Privacy

Financial Considerations

  • Price Per Sq. Ft.: $857.84
  • Assessment Year: 2025
  • City/TownTax: $9,609
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $846,673
  • Tax Amount: $9,609
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1836

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 508

Listed by Compass, Kristie A Zimmerman

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 506 S Payne St —

  • Kristie A Zimmerman

    Compass

Listing Office Email: stephanie.white@compass.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 S Payne St

School District:Alexandria City Public Schools
NameGradesDistance
Lyles-Crouch Elementary
530 South Saint Asaph Street, Alexandria, VA 22314
K-50.4 mi
Jefferson-Houston PreK-8 School
1501 Cameron Street, Alexandria, VA 22314
PK-50.5 mi
Alexandria City High School
3330 King Street, Alexandria, VA 22302
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 S Payne St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$1,050,000
28.83%
MLS
2/05/2024
Sold
$815,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 S Payne St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,249
—
$846,673
32%
2024
$10,249
44%
$640,176
—
2023
$7,106
—
$640,176
—
2022
$7,106
100%
$640,176
—
2021
-100%
$640,176
6%
2020
$6,830
15%
$604,425
9%
2018
$5,915
—
$552,306
6%
2018
$5,915
3%
$523,452
3%
2017
$5,746
10%
$508,452
5%
2016
$5,208
—
$485,332
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 506 S Payne St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass, Kristie A Zimmerman

Similar Properties near 506 S Payne St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

619 McKenzie Ave, Alexandria, VA 22301 - Photo 1
$1,075,000

619 McKenzie Ave  #102  Alexandria, VA 22301

  • Townhouse
  • Active
  • Updated 8 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,881
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Robert A Sanders and TTR Sothebys International Realty, William D Richards
917 Rolfe Pl, Alexandria, VA 22314 - Photo 1
$975,000
Open House

917 Rolfe Pl  Alexandria, VA 22314

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,740
    Sq. Ft.
Listed by Compass, Marga C Pirozzoli and Compass, Justine Pope
3514 Goddard Way, Alexandria, VA 22304 - Photo 1 Just Listed
$1,050,000

3514 Goddard Way  Alexandria, VA 22304

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 3,420
    Sq. Ft.
Listed by Samson Properties, Aznita Neri
3501 13th St S, Arlington, VA 22204 - Photo 1 Just Listed
$998,500
Open House

3501 13th St S  Arlington, VA 22204

  • Townhouse
  • Active
  • Updated 16 hours ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,449
    Sq. Ft.
Listed by KW United, Tanya Salseth

Just Listed near 506 S Payne St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1802 Clayton Dr, Oxon Hill, MD 20745 - Photo 1 Just Listed
$479,900

1802 Clayton Dr  Oxon Hill, MD 20745

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,250
    Sq. Ft.
Listed by RE/MAX Realty Services, Matthew L Green
102 St Ives Pl, Oxon Hill, MD 20745 - Photo 1 Just Listed
$690,000

102 St Ives Pl  Oxon Hill, MD 20745

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,704
    Sq. Ft.
Listed by CENTURY 21 Envision, Valeisha Johnson
1112 Owens Rd, Oxon Hill, MD 20745 - Photo 1 Just Listed
$489,999

1112 Owens Rd  Oxon Hill, MD 20745

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 3,293
    Sq. Ft.
Listed by Bennett Realty Solutions, JUANITA DEVAUGHN COOPER and Bennett Realty Solutions, Andre Vincent Cooper Jr.
500 Spindrift Ln, Oxon Hill, MD 20745 - Photo 1 Just Listed
$989,000
Open House

500 Spindrift Ln  #390  Oxon Hill, MD 20745

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 5
    Total Baths
  • 3,658
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Shayla Frye

Price Reduced near 506 S Payne St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

145 Riverhaven Dr, Oxon Hill, MD 20745 - Photo 1 Price Reduced
-$10,000 (-2%)
$490,000

145 Riverhaven Dr  #541  Oxon Hill, MD 20745

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 938
    Sq. Ft.
Listed by EXP Realty, LLC, Robert G Gauger
1409 Fenwood Ave, Oxon Hill, MD 20745 - Photo 1 Price Reduced
-$40,900 (-8.18%)
$459,000
Open House

1409 Fenwood Ave  Oxon Hill, MD 20745

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,935
    Sq. Ft.
Listed by Samson Properties, Carolyn Young and Samson Properties, Heather Ellong
2061 Alice Ave, Oxon Hill, MD 20745 - Photo 1 Price Reduced
-$5,000 (-2.13%)
$230,000

2061 Alice Ave  #2061-303  Oxon Hill, MD 20745

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,070
    Sq. Ft.
Listed by EXP Realty, LLC, Stephany DeBerry
8106 Fort Hunt Rd, Alexandria, VA 22308 - Photo 1 Price Reduced
-$4,900 (-0.77%)
$635,000

8106 Fort Hunt Rd  Alexandria, VA 22308

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,500
    Sq. Ft.
Listed by Mary Cay Harris (703) 981-9976

Recent Sales near 506 S Payne St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

502 S Henry St, Alexandria, VA 22314 - Photo 1 Sold
$925,000

502 S Henry St  Alexandria, VA 22314

  • Townhouse
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,485
    Sq. Ft.
Listed by Pearson Smith Realty, LLC, Lauren Fairbanks
Sold by TTR Sotheby's International Realty, Carolyn N Sappenfield
320 S West St, Alexandria, VA 22314 - Photo 1 Sold
$980,000

320 S West St  #301  Alexandria, VA 22314

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,588
    Sq. Ft.
Listed by Non Subscribing Office, NON MEMBER
Sold by Corcoran McEnearney, Lisa Groover
211 S West Street S, Alexandria, VA 22314 - Photo 1 Sold
$965,000

211 S West Street S  Alexandria, VA 22314

  • Townhouse
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,442
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., Leslie A. Webb
Sold by Compass, Olivia Colligan
1312 King St, Alexandria, VA 22314 - Photo 1 Sold
$965,000

1312 King St  #210  Alexandria, VA 22314

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,130
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Kellyann B Dorfman
Sold by Compass, CAITLIN WARREN

506 S Payne Street, Alexandria, VA 22314 (MLS# VAAX2055388) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 506 S Payne Street is currently listed for $1,050,000 and was received on April 22, 2026. Want to learn more about 506 S Payne Street? Do you have questions about finding other Townhouse real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.

Tour this property