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$1,850,000
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Property Description
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.
Full Property Details
Full Property Details for 4206 Washington Blvd
General
- Sold For: $1,850,000
- Taxes: $12,715 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VAAR2071500
- Added to Site: 92 day(s) ago
Rental Information
- Lease Info: Long Term
Interior
- Flooring: Luxury Vinyl Plank, Ceramic Tile
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 5
- Parking Features: Paved Parking
- Parking Type: Detached Garage, Driveway
- Garage Description: Garage - Front Entry
Location
- County: ARLINGTON
- Subdivision: BALLSTON
- Driving Directions: GPS
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: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Foundation: Other
- Roof: Architectural Shingle
- Square Feet: 3,267
- Sq. Ft. Source: Estimated
- Living Area: 3,178 Sq. Ft.
- Finished Above Grnd: 2,178 Sq. Ft.
- Finished Below Grnd: 1,000 Sq. Ft.
- Year Built: 1960
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,007
- Lot Size Source: Assessor
- Zoning: R15-30T
Financial Considerations
- Price Per Sq. Ft.: $867.77
- Operating Expenses: $20,446
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $12,715
- County Tax Freq: Annually
- Tax w/Assessment: $1,230,900
- Tax Amount: $12,715
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Snow Removal, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2178
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 23A
Listed by Keller Williams Realty, James P Andors
Sold by Realty ONE Group Capital, Maria C Sison
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Schools
Schools serving 4206 Washington Blvd
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 4206 Washington Blvd
Date
Details
Price
Change
Source
6/01/2026
Sold
$1,850,000
-2.12%
MLS
4/15/2026
Listed
$1,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4206 Washington Boulevard, Arlington, VA 22201 (MLS# VAAR2071500) is a Single Family property that was sold at $1,850,000 on June 01, 2026. Want to learn more about 4206 Washington Boulevard? 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.

