Property
Arlington, VA 22201 1138 N Stafford Street
$1,548,000
57 more
Presented By: Keller Williams Realty
Beds • 6
Beds • 6Home Details
Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $100,200 Per Year. 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.
Presented By: Keller Williams Realty
Interior Features for 1138 N Stafford Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementDaylight, Full, Connecting Stairway, Fully Finished, Improved, Heated, Partially Finished, Outside Entrance, Rear Entrance, Side Entrance, Sump Pump, Windows, Other
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood, Luxury Vinyl Plank, Wood, Ceramic Tile
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior Amenities2nd Kitchen, Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Window Treatments, Wood Floors
Total Stories3
General for 1138 N Stafford Street
AccessibilityOther
AppliancesBuilt-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
Architectural StyleColonial
Association Recreation FeeN
Cap Rate5.58
CityARLINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyARLINGTON
DirectionsPlease use phone map
DisclosuresAgent has Financial Interest, Agent Related to Owner, Prop Disclosure, Lead Based Paint - Federal
Garage Y/NNo
Gross Income100200.00
HeatingCentral
Historic Y/NNo
Insurance Expense1876.00
Lease TypeGross
Legal SubdivisionBALLSTON
Living Area2964
Lot Size Square Feet5000.00
Lot Size UnitsSquare Feet
Net Operating Income86353.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysGas, Water, Insurance, Taxes - Real Estate
OwnershipFee Simple
Patio/Porch FeaturesDeck(s)
PossessionSettlement
Price Per Sq Ft Total AG744.23
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictARLINGTON COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameBALLSTON
Tax Annual Amount10171.0
Tax Assessed Value984600.0
Tax Lot25A
Tax Year2025
Total Actual Rent100200.00
Total SQFT3260
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Two Bedroom3
UtilitiesElectric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningR15-30T
Exterior for 1138 N Stafford Street
Land Assessed Value715100.00
Land Use Code068
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
Parking FeaturesAsphalt Driveway, Private, Public
PoolNo Pool
Total Parking Spaces4
Type of ParkingDriveway, On Street, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Washington-Liberty High School
Middle School
Swanson Middle School
Elementary School
Ashlawn Elementary School
Tina Torres
Broker/Owner
Price
$1,548,000
MLS#VAAR2064662
List Date
10/07/2025
Property Type
Multi-Family
Phone
(973) 332-3022