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706 N Cleveland Street Arlington, VA $ 1,600,000
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$ 1,600,000 Get more info
706 N Cleveland Street
$ 1,600,000
Back to search
Share Save

706 N Cleveland Street

Arlington, VA, 22201
$ 1,600,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 9,982

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Multi-Family Home for sale in Arlington, VA

for $1,600,000 with 6 bedrooms. This home was built in 1968 on a lot size of 0.2.

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, white cabinets, 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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 14,706

Style

Colonial

Lot Size

0.2

Year Built

1968

Town/City

Arlington

County/Region

Arlington

MLS | Web ID

VAAR2063718
Features
General
Living Area 2962
Sewer Public Sewer
Heating Central Forced Air Heat Pump(s)
Cooling Central A/C Heat Pump(s)
Utilities Electric Available Sewer Available Water Available Natural Gas Available
Possession Settlement
Appliances Dishwasher Oven/Range - Electric Refrigerator Disposal Dryer Exhaust Fan Oven/Range - Gas Range Hood Stainless Steel Appliances Washer Water Heater
Zoning R-5
Architectural Style Colonial
Construction Materials Brick
School District ARLINGTON COUNTY PUBLIC SCHOOLS
Year Built 1968
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 107400.00
Accessibility None
County ARLINGTON
Operating Expense 0.00
Insurance Expense 1676.00
New Construction N
Property Type Multi-Family
Subdivision Name ARLINGTON PARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Please use Phone Map
City ARLINGTON
Disclosures Agent Related to Owner Lead Based Paint - Federal Prop Disclosure
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 8602.00
Number of Units Leased 3
Tax Annual Amount 14706.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 3
Structure Type Detached
Price Per Sq Ft Total AG 757.58
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Gross
Standard Status Active
Year Built Source Estimated
Legal Subdivision CLARENDON
Tax Lot 44
Total Actual Rent 107400.00
Cap Rate 5.35
Association Recreation Fee N
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Interior
Interior Amenities Dining Area Floor Plan - Traditional 2nd Kitchen Bathroom - Tub Shower Breakfast Area Combination Kitchen/Living Combination Dining/Living Entry Level Bedroom Family Room Off Kitchen Floor Plan - Ope
Heating Fuel Natural Gas
Basement Other Daylight Full Fully Finished Improved Interior Access Outside Entrance Space For Rooms Side Entrance Walkout Stairs Windows
Flooring Hardwood
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
Laundry Type Has Laundry Lower Floor
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Exterior
Exterior Amenities Secure Storage Sidewalks
Pool No Pool
Parking Features Asphalt Driveway
Lot Features Private Rear Yard
Water Source Public
Type of Parking Driveway On Street
Foundation Details Slab
Spa N
Water View Y/N N
Lot Size Acres 0.20
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility City/County
Land Assessed Value 1003800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 706
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* Excluded Features
List By
Keller Williams Realty

Broker

david@davidcabo.com

Email

Affordability Calculator

$11,207
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$1,226
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535509 Elementary School
3533689 Middle School
Washington-Liberty High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2025$1,600,000 Listed Price

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706 N Cleveland Street, Arlington, VA, 22201 is a Multi-Family Home for sale at $1,600,000 with a lot size of 0.2. 706 N Cleveland Street has 6 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 22201 which is in Arlington, VA

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