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$1,826,800
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Property Description
Prime Multi-Family Investment Opportunity. Fully leased 5-unit garden-style building in sought after Penrose. Excellent upside - potential for added value in converting the garage into an efficiency apartment, and/or modernize the units, to bring the rent up to market rate. Currently leased below comps in the neighborhood. Current NOI of approx. $95,346/yr. (cap rate: 5.31%). Could be ideal for owner occupancy with additional rental apartments. Consisting of 5 apartments - 4 units with 2br./1ba. and 1 unit with 3br./1.5ba. Amenities include 6 off-street parking spaces, laundry room, storage room. Many recent updates (see agent for a full list). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport. Sold in As-Is condition.
Full Property Details
Full Property Details for 2301 6th St S
General
- Sold For: $1,826,800
- Taxes: $14,054 (2025)
- Status: Closed
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: VAAR2062360
- Added to Site: 157 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 6
- Parking Type: Parking Lot, Private Garage
Location
- County: ARLINGTON
- Subdivision: PENROSE
- Driving Directions: From DC: Route 50 west, exit right onto service road towards Washington Blvd., right on Washington Blvd., right on Walter Reed Dr., left onto Courthouse Rd., right onto 6th St. S., 2301 is on the left.
- Location Details: Corner Lot/Unit
School Information
- Elementary School: Alice West Fleet
- Middle School: Jefferson
- High School: Wakefield
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Electric
- Water Heater: 60+ Gallon Tank, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 5550
- Year Built: 1959
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,408
- Lot Size Source: Assessor
- Zoning: RA8-18
Financial Considerations
- Price Per Sq. Ft.: $323.42
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $13,336
- County Tax Freq: Annually
- Tax w/Assessment: $1,338,000
- Tax Amount: $14,054
- Tax Year: 2025
- Owner Pays: Gas, Water, Sewer, Trash Collection, Lawn/Shrub Care
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 24
Listed by Arlington Realty, Inc., Virginia S Smith
Sold by Grace Realty Company, Queenie Ma
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Schools
Schools serving 2301 6th St S
School District:Arlington County Public Schools
| Name | Grades | Distance |
|---|---|---|
Henry Elementary School, Arlington, VA 115 South Old Glebe Road, Arlington, VA 22204 | PK-5 | 0.8 mi |
Jefferson Middle School 125 South Old Glebe Road, Arlington, VA 22204 | 6-8 | 0.7 mi |
Wakefield High School 1325 S. Dinwiddie Street, Arlington, VA 22206 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2301 6th St S
Date
Details
Price
Change
Source
11/24/2025
Sold
$1,826,800
1.77%
MLS
8/13/2025
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2301 6th Street S, Arlington, VA 22204 (MLS# VAAR2062360) is a Apartment property that was sold at $1,826,800 on November 24, 2025. Want to learn more about 2301 6th Street S? Do you have questions about finding other Apartment real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

