1138 N Stafford St Arlington, VA 22201
Ballston NeighborhoodEstimated payment $9,253/month
Highlights
- Second Kitchen
- 5-minute walk to Ballston-Mu
- Open Floorplan
- Ashlawn Elementary School Rated A
- Gourmet Kitchen
- 5-minute walk to Glencaryln Park
About This Home
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.
Listing Agent
(703) 915-4277 davidcabo@kw.com Keller Williams Realty License #SP98375555 Listed on: 10/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,171
Year Built
- Built in 1960 | Remodeled in 2025
Lot Details
- 5,000 Sq Ft Lot
- Property is in excellent condition
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Bathtub with Shower
- Open Floorplan
- Window Treatments
- Dining Area
Kitchen
- Gourmet Kitchen
- Second Kitchen
- Gas Oven or Range
- Built-In Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Plank Tile
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Connecting Stairway
- Rear and Side Entry
- Sump Pump
- Basement Windows
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Public Parking
- Private Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Ashlawn Elementary School
- Swanson Middle School
- Washington-Liberty High School
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 25A
- Assessor Parcel Number 14-023-013
Community Details
Overview
- 3 Units
- 3-Story Building
- Ballston Subdivision
Building Details
- Income includes apartment rentals
- Insurance Expense $1,876
- Gross Income $100,200
- Net Operating Income $86,353
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $10,171 | $984,600 | $715,100 | $269,500 |
| 2024 | $9,779 | $946,700 | $697,100 | $249,600 |
| 2023 | $9,503 | $922,600 | $688,100 | $234,500 |
| 2022 | $8,269 | $802,800 | $638,600 | $164,200 |
| 2021 | $8,053 | $781,800 | $621,000 | $160,800 |
| 2020 | $7,790 | $759,300 | $598,500 | $160,800 |
| 2019 | $7,652 | $745,800 | $585,000 | $160,800 |
| 2018 | $7,399 | $735,500 | $562,500 | $173,000 |
| 2017 | $7,673 | $762,700 | $580,000 | $182,700 |
| 2016 | $7,558 | $762,700 | $580,000 | $182,700 |
| 2015 | $6,871 | $689,900 | $400,000 | $289,900 |
| 2014 | $6,871 | $689,900 | $400,000 | $289,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Price Changed | $1,598,000 | -3.2% | $539 / Sq Ft |
| 10/07/2025 10/07/25 | For Sale | $1,650,000 | -- | $557 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,312,500 | Commonwealth Land Title | |
| Deed | $1,312,500 | Commonwealth Land Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Closed | $1,050,000 | New Conventional |
Source: Bright MLS
MLS Number: VAAR2064662
APN: 14-023-013
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