706 N Cleveland St Arlington, VA 22201
Lyon Park NeighborhoodEstimated payment $9,676/month
Highlights
- Very Popular Property
- Second Kitchen
- Colonial Architecture
- Long Branch Elementary School Rated A
- Open Floorplan
- Premium Lot
About This Home
This perfectly located property has an enormous backyard and is about a half mile to Clarendon with it's metro stop, restaurants, coffee shops, etc. Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $107,400 Per Year, this property offers dependable rental income and strong tenant demand thanks to its close proximity to the Metro. The two upper units each have 2 bedrooms, and have been freshly painted. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathroom and kitchen areas, with quartz countertops and stainless steel appliances. The shared laundry room has 2 sets of washers and dryers and the outside features a large backyard with a storage shed and 4 off-street parking spots.
Listing Agent
(703) 915-4277 davidcabo@kw.com Keller Williams Realty License #SP98375555 Listed on: 11/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,706
Year Built
- Built in 1968
Lot Details
- 8,602 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Premium Lot
- Level Lot
- Open Lot
- Back and Front Yard
- Property is in excellent condition
- Property is zoned R-5
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Window Treatments
- Family Room Off Kitchen
- Dining Area
- Basement
- Laundry in Basement
Kitchen
- Second Kitchen
- Gas Oven or Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- On-Street Parking
Outdoor Features
- Shed
- Outdoor Grill
Schools
- Long Branch Elementary School
- Jefferson Middle School
- Washington-Liberty High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number 18-040-028
Community Details
Overview
- No Home Owners Association
- Arlington Park Subdivision
Amenities
- Laundry Facilities
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 | $14,706 | $1,423,600 | $1,003,800 | $419,800 |
| 2024 | $13,540 | $1,310,700 | $968,800 | $341,900 |
| 2023 | $13,047 | $1,266,700 | $948,800 | $317,900 |
| 2022 | $12,605 | $1,223,800 | $908,800 | $315,000 |
| 2021 | $12,077 | $1,172,500 | $880,000 | $292,500 |
| 2020 | $11,320 | $1,103,300 | $808,500 | $294,800 |
| 2019 | $10,717 | $1,044,500 | $770,000 | $274,500 |
| 2018 | $10,499 | $1,043,600 | $742,500 | $301,100 |
| 2017 | $10,277 | $1,021,600 | $715,000 | $306,600 |
| 2016 | $9,200 | $928,400 | $638,000 | $290,400 |
| 2015 | $8,973 | $900,900 | $610,500 | $290,400 |
| 2014 | $9,366 | $940,400 | $572,000 | $368,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $1,600,000 | 0.0% | $540 / Sq Ft | |
| 06/25/2024 06/25/24 | Rented | $2,850 | 0.0% | -- | |
| 06/19/2024 06/19/24 | For Sale | $1,400,000 | 0.0% | $442 / Sq Ft | |
| 06/16/2024 06/16/24 | Under Contract | -- | -- | -- | |
| 05/31/2024 05/31/24 | For Rent | $2,700 | 0.0% | -- | |
| 12/28/2023 12/28/23 | Sold | $1,400,000 | -- | $442 / Sq Ft | View Prior Sale |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Double Eagle Title | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Available | |
| Warranty Deed | $885,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Previous Owner | $708,000 | New Conventional |
Source: Bright MLS
MLS Number: VAAR2065616
APN: 18-040-028
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