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$1,498,000
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Property Description
Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $100,200 Per Year and an estimated CAP Rate at a strong 5.76%. These units are separately metered and the tenants pay the Electricity Directly. Situated about 3 BLOCKS FROM THE BALLSTON METRO, this property offers dependable rental income and strong tenant demand thanks to its close proximity to Ballston, with Ballston Quarter and its shopping and restaurants. Quincy Park is only a couple of blocks away. The two upper units each have 2 bedrooms, and have been thoughtfully updated with renovated bathrooms and kitchens (2024) with: new quartz countertops, new stainless steel GE appliances, and fresh paint throughout. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathrooms and kitchen areas, with quartz, etc. Outside, the common area features a large deck and 4 off-street parking spots.
Full Property Details
Full Property Details for 1138 N Stafford St
General
- Sold For: $1,498,000
- Taxes: $10,171 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VAAR2064662
- Added to Site: 236 day(s) ago
Rental Information
- Lease Info: Gross
Interior
- Interior Features: 2nd Kitchen, Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Window Treatments, Wood Floors
- Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
- Flooring: Hardwood, Luxury Vinyl Plank, Wood, Ceramic Tile
Exterior
- Porch/Patio/Deck: Deck(s)
Parking
- Total Spaces: 4
- Parking Features: Asphalt Driveway, Private, Public
- Parking Type: Driveway, On Street, Off Street
Location
- County: ARLINGTON
- Subdivision: BALLSTON
- Driving Directions: Please use phone map
- City Limits: Yes
School Information
- School District: Arlington County Public Schools
- Elementary School: Ashlawn
- Middle School: Swanson
- High School: Washington-Liberty
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Daylight, Full, Connecting Stairway, Fully Finished, Improved, Heated, Partially Finished, Outside Entrance, Rear Entrance, Side Entrance, Sump Pump, Windows, Other
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 3,260
- Sq. Ft. Source: Estimated
- Living Area: 2,964 Sq. Ft.
- Finished Above Grnd: 2,080 Sq. Ft.
- Finished Below Grnd: 884 Sq. Ft.
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Assessor
- Zoning: R15-30T
Financial Considerations
- Price Per Sq. Ft.: $720.19
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $10,171
- County Tax Freq: Annually
- Tax w/Assessment: $984,600
- Tax Amount: $10,171
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Gas, Water, Insurance, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2080
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 25A
Listed by Keller Williams Realty, David Cabo
Sold by Town & Country Elite Realty, LLC., Betty Westerlund
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Schools
Schools serving 1138 N Stafford St
School District:Arlington County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ashlawn Elementary School 5950 8th Road North, Arlington, VA 22205 | PK-5 | 1.6 mi |
Swanson Middle School 5800 Washington Boulevard, Arlington, VA 22205 | 6-8 | 1.5 mi |
Washington Liberty High School 1301 North Stafford Street, Arlington, VA 22201 | 9-12 | 0.2 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 1138 N Stafford St
Date
Details
Price
Change
Source
4/09/2026
Sold
$1,498,000
—
MLS
1/13/2026
Price Reduced
$1,498,000
-3.23%
MLS
11/17/2025
Price Reduced
$1,548,000
-3.13%
MLS
10/22/2025
Price Reduced
$1,598,000
-3.15%
MLS
10/07/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1138 N Stafford Street, Arlington, VA 22201 (MLS# VAAR2064662) is a Single Family property that was sold at $1,498,000 on April 09, 2026. Want to learn more about 1138 N Stafford Street? Do you have questions about finding other Single Family real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

