River Place South 1121 Arlington Blvd Unit 1012 Floor 10 Arlington, VA 22209
Rosslyn NeighborhoodEstimated payment $3,048/month
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
(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
Map
About River Place South
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: VAAR2074136
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Ask me questions while you tour the home.