$305,000

River Place South 1121 Arlington Blvd Unit 1012 Floor 10 Arlington, VA 22209

Rosslyn Neighborhood

Estimated payment $3,048/month

Total Views 96
2 Beds
2 Baths
949 Sq Ft
$321 Price per Sq Ft

Highlights

  • Concierge
  • Fitness Center
  • Beauty Salon
  • Dorothy Hamm Middle School Rated A
  • Gated Community
  • 4-minute walk to Dark Star Park

About This Home

THE RARE INVESTMENT THAT DOESN'T LOCK YOU IN. Most investment properties come with a tradeoff: predictable income today, but limited options tomorrow. Not this one. Currently leased through January 28, 2027, this beautifully updated penthouse residence offers immediate rental income while preserving something investors and future homeowners both value: flexibility. The current lease provides income from day one, and demand for homes like this extends well beyond the existing tenant. In fact, repeat renters who return to the DC area year after year have already expressed interest in leasing the property again after the current term ends. That gives the next owner a choice. Continue generating rental income in a community that consistently attracts tenants, or secure your future home now and make plans to move into a spacious two-bedroom, two-bath penthouse in one of the region's most connected locations. And unlike many units in the community, this isn't just another unit. This is a penthouse. Elevated above the community, it offers the privacy, natural light, and sense of space that buyers expect from a top-floor residence. Thoughtfully updated, the home features a modern kitchen with stainless steel appliances, a washer and dryer conveniently located inside the unit, generous living spaces, and a large private balcony that creates an outdoor retreat rarely found at this price point. Whether enjoying your morning coffee above the city or unwinding after a long day, the outdoor space alone sets this residence apart. The location is equally impressive. Just a five-minute walk from Rosslyn Metro, residents enjoy direct access to Downtown DC, the Pentagon, Reagan National Airport, Georgetown, Foggy Bottom, Tysons, and beyond. Shops, restaurants, grocery stores, and everyday conveniences are all within easy reach. And then there are the amenities. Residents enjoy an outdoor swimming pool, fitness center, sauna, steam room, locker rooms, billiards, ping pong, complimentary fitness classes, BBQ area, convenience store, hair salon, barber shop, and on-site dry-cleaning and alteration services. For investors, the appeal is obvious: immediate income, proven demand, and future flexibility. For future owner-occupants, it's an opportunity to secure a rare penthouse residence today and decide later exactly how you want to use it. Because the best real estate investments don't force you to choose between income and opportunity. They give you both.

Listing Agent

Amber Williams

(703) 944-3884 sweethomesamerica@gmail.com Sweet Homes America Incorporated Brokerage Phone: 7039443884 License #0225216413 Listed on: 06/14/2026

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1955

HOA Fees

  • $1,188 Monthly HOA Fees

Home Design

  • Entry on the 10th floor
  • Brick Exterior Construction

Interior Spaces

  • 949 Sq Ft Home
  • Property has 1 Level
  • Furnished

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Convector
  • Convector Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17-039-428

Community Details

Overview

  • $150 Elevator Use Fee
  • Association fees include air conditioning, electricity, gas, management, pest control, pool(s), recreation facility, reserve funds, sauna, security gate, sewer, snow removal, trash, water
  • $102 Other One-Time Fees
  • High-Rise Community
  • River Place North Subdivision

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Bank or Banking On-Site
  • Beauty Salon
  • Billiard Room
  • Party Room
  • Laundry Facilities
  • 3 Elevators
  • Convenience Store

Recreation

  • Community Playground
  • Community Spa
  • Dog Park

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Fenced around community
  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,590

Year Built

Built in 1955

HOA Fees

$1,188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Appliances: Stove, Refrigerator, Built-In Microwave
  • Entry Floor: 10
  • Fireplace: No
  • Elevators Count: 3
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 949
  • Living Area Sq Ft: 949
  • Price Per Sq Ft: 321.39
  • Above Grade Finished Sq Ft: 949
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector
  • Heating Fuel: Natural Gas
  • Heating Type: Convector
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1188.00
  • Condo Co-Op Fee Frequency: Monthly
  • Elevator Use Fee: 150.00
  • HOA Condo Co-Op Amenities: Bank / Banking On-Site, Beauty Salon, Billiard Room, Common Grounds, Concierge, Convenience Store, Dog Park, Elevator, Exercise Room, Extra Storage, Fencing, Fitness Center, Gated Community, Hot Tub, Laundry Facilities, Party Room, Picnic Area, Pool - Outdoor, Sauna, Security, Storage Bin, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Management, Pest Control, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 102.25
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RA4.8
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2590.00
  • Assessor Parcel Number: 17-039-428
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,590 $250,700 $82,600 $168,100
2024 $2,590 $250,700 $82,600 $168,100
2023 $2,532 $245,800 $82,600 $163,200
2022 $2,548 $247,400 $38,000 $209,400
2021 $2,666 $258,800 $38,000 $220,800
2020 $2,587 $252,100 $38,000 $214,100
2019 $2,587 $252,100 $38,000 $214,100
2018 $2,775 $275,800 $38,000 $237,800
2017 $2,775 $275,800 $38,000 $237,800
2016 $2,733 $275,800 $38,000 $237,800
2015 $2,747 $275,800 $38,000 $237,800
2014 $2,597 $260,700 $38,000 $222,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2026 06/14/26 For Sale $305,000 0.0% $321 / Sq Ft
01/11/2025 01/11/25 Rented $3,100 0.0% --
01/09/2025 01/09/25 Under Contract -- -- --
12/31/2024 12/31/24 For Rent $3,100 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: VAAR2074136

Bright MLS
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