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$249,900
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Property Description
Great opportunity for investors! This updated upper-level 2-bedroom, 1-bath condo offers immediate rental income with a tenant already in place. The current lease runs through August 31, 2027, with monthly rent of $1,750, making this a strong turnkey investment option. The unit features a practical layout, nice updates, and the added benefit of all utilities being included in the condo fee, which helps simplify ownership and monthly expense planning. A huge storage unit located in the laundry room area provides excellent additional space. Conveniently located near I-495, Falls Church Farmers Market, shopping, dining, and everyday conveniences, this property offers strong rental appeal in a desirable and accessible location. Whether you are looking to start or expand your rental portfolio, this tenant-occupied condo is a great opportunity to generate steady income from day one.
Full Property Details
Full Property Details for 2846 Annandale Rd #220
General
- Price: $249,900
- HOA FEE: $428/month
- Taxes: $2,607 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: VAFX2319452
- Updated: 6/10/2026
- Added to Site: 47 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Additional Information
- Shared Amenities: Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
Parking
- Parking Type: Parking Lot
Location
- County: FAIRFAX
- Subdivision: JAMES LEE CONDO
- Building Name: JAMES LEE CONDO
- Driving Directions: GPS
School Information
- School District: Fairfax County Public Schools
Community
- Assoc. Fees Include: Electricity, Ext Bldg Maint, Gas, Heat, Management, Sewer, Snow Removal, Water
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Brick
- Entry Floor Number: 2
- Stories Description: Main
- Square Feet: 682
- Sq. Ft. Source: Assessor
- Living Area: 682 Sq. Ft.
- Finished Above Grnd: 682 Sq. Ft.
- Year Built: 1966
- Year Built Source: Assessor
Lot Features
- Zoning: 220
Financial Considerations
- Price Per Sq. Ft.: $366.42
- Condo Fee: $428
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- City/TownTax Freq: Annually
- County Tax: $2,532
- County Tax Freq: Annually
- Tax w/Assessment: $226,070
- Tax Amount: $2,607
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 682
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by NBI Realty LLC, Hoon I Kim
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Schools
Schools serving 2846 Annandale Rd #220
School District:Fairfax County Public Schools
| Name | Grades | Distance |
|---|---|---|
Timber Lane Elementary School 2737 West Street, Falls Church, VA 22046 | PK-6 | 1.2 mi |
Jackson Middle School 3020 Gallows Road, Falls Church, VA 22042 | 7-8 | 3 mi |
Falls Church High School 7521 Jaguar Trail, Falls Church, VA 22042 | 9-12 | 1.9 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 2846 Annandale Rd #220
Date
Details
Price
Change
Source
6/10/2026
Listed
$249,900
78.5%
MLS
5/14/2014
Sold
$140,000
—
Public Record
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
Tax History for 2846 Annandale Rd #220
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,292
2%
$198,310
2%
2024
$2,252
5%
$194,420
2%
2023
$2,151
6%
$190,610
7%
2022
$2,037
11%
$178,140
14%
2021
$1,834
-1%
$156,260
—
2020
$1,849
-5%
$156,260
-5%
2019
$1,951
9%
$164,850
6%
2018
$1,787
3%
$155,390
61%
2017
$1,737
4%
$96,360
-33%
2016
$1,668
4%
$144,010
—
2015
$1,607
9%
$144,010
9%
2014
$1,471
43%
$132,120
42%
2013
$1,029
—
$93,040
—
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
Estimate the Cost for 2846 Annandale Rd #220
2846 Annandale Road #220, Falls Church, VA 22042 (MLS# VAFX2319452) is a Condo property with 2 bedrooms and 1 full bathroom. 2846 Annandale Road #220 is currently listed for $249,900 and was received on June 10, 2026. Want to learn more about 2846 Annandale Road #220? Do you have questions about finding other Condo real estate for sale in Falls Church? You can browse all Falls Church real estate or contact a Coldwell Banker agent to request more information.

