Alexandria, VA Multifamily Home for Sale

Alexandria's historic waterfront along the Potomac River features scenic parks, working artist studios at the Torpedo Factory Art Center, and the last remaining riverine lighthouse in Virginia at Jones Point Park. The Mount Vernon Trail provides miles of waterfront paths for hiking and biking with views of Washington D.C. Cultural attractions include the Alexandria Black History Museum, the preserved 18th-century Stabler-Leadbeater Apothecary Museum, and the iconic George Washington Masonic National Memorial. The dining scene ranges from historic establishments like Gadsby's Tavern, where George Washington once dined, to modern favorites such as Vermilion and waterfront dining at Cafe 44.

The housing market in Alexandria spans diverse options across distinct neighborhoods. The median sale price in Alexandria is $677,000. Old Town features single-family homes with a median price of $1.42 million, while Del Ray's single-family homes have a median price of $940,000. Townhouses are prevalent in Potomac Yard with a median price of $976,300 and in Cameron Station at $887,000. Condos provide more affordable options, with median prices of $299,000 for one bedroom and $400,000 for two bedrooms.

Alexandria's cost of living sits 40.4% above the national average. A family with school-age children needs approximately $147,000 annually to live comfortably, while renters should aim for $87,000. The property tax rate is 0.99%, comparable to Falls Church and slightly higher than Arlington's 0.9%. Monthly expenses for families average $12,000, including $1,700 for groceries. The city connects to Washington D.C. via the Blue and Yellow Metro lines, DASH bus system, and water taxi service. Private education options include the APlus-rated Episcopal High School and St. Stephen's and St. Agnes School.