206 N Payne Street N
Alexandria, VA, 22314 $ 709,999
Bedrooms1 Baths1.0 Sq 702 Monthly Estimate*
$ 4,483
for $709,999 with 1 bedroom and 1 full bath. This 702 square foot home was built in 1920 on a lot size of 0.03.
Welcome to 206 N Payne Street, a rare opportunity in the heart of Old Town Alexandria's highly desirable Parker Gray Historic District. Whether you're looking to renovate, expand, or build your dream home, the true value here is in the oversized lot and endless potential this property offers. As an end unit with a deep backyard, there's incredible space to create a substantial addition while still maintaining plenty of outdoor living space. The property also includes a separate storage building, providing valuable extra storage or workshop space. The existing home is full of charm and has been freshly updated with neutral paint and carpet, making it comfortable to enjoy while you plan your vision. The cozy kitchen opens to the living area, and the expansive backyard offers endless possibilities for entertaining, along with the dual decks overlooking your back yard which is a perfect space for gardening, or future expansion. Location is everything, and this one simply can't be beat. Enjoy the rich history, walkability, and small town feel that make Old Town Alexandria so special. You're just blocks from King Street's restaurants, boutiques, coffee shops, and nightlife, with easy access to the Braddock Road and King Street Metro stations. Commuters will appreciate the quick drive to Washington, DC, Amazon HQ2, National Landing, Reagan National Airport, the Pentagon, the GW Parkway, and I-495. Opportunities like this are becoming increasingly rare. Whether you're an investor, builder, or buyer looking to create your forever home, 206 N Payne Street offers exceptional potential in one of Northern Virginia's most sought after neighborhoods.
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FeaturesGeneralLiving Area 702
Sewer Public Sewer
Heating Other
Cooling Ceiling Fan(s) Central A/C
Possession 0-30 Days CD 31-60 Days CD
Appliances Washer Dryer Refrigerator Cooktop
Zoning RB
Patio/Porch Features Deck(s)
Architectural Style Colonial
Construction Materials Frame
School District ALEXANDRIA CITY PUBLIC SCHOOLS
Year Built 1920
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County ALEXANDRIA CITY
New Construction N
Property Type Residential
HOA N
Subdivision Name PARKER GRAY HISTORIC DISTRICT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Right of of N Payne Street
City ALEXANDRIA
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 1485.00
Tax Annual Amount 7941.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Price Per Sq Ft Total AG 1011.39
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 206
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InteriorHeating Fuel Electric
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 702
Central Air Y/N Y
Total Bedrooms 1
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Upper Floor Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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ExteriorPool No Pool
Fencing Fully
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 444185.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByReal Property Management ProsBroker
lwoodbery@managementpros.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,483
- Monthly Property Taxes
- $662
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Alexandria, VA
Average List Price $1,297,361
Percent of Sale Price 83%
About Alexandria, VA 161,089 Population
26% Since 2002
$ 91,233 Median Income
39.37 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3535035 Elementary School
3536114 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $709,999 | | Listed Price |