USAVAArlingtonLyon Park706 N Cleveland St
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706 N Cleveland St, ARLINGTON, VA

House

Sold

Listed price in listed location currency (USD).
$1,500,000
$1,499,000

630

MLS® VAAR2066646

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2962 sqft
Garage No
Taxes $14,706
Lot Size 0.2 acres
Approx. Age 1968
Avg. Price Per Sqft $506
MLS® Number VAAR2066646

Property Address: 706 N Cleveland St, ARLINGTON, VA, 22201-1481

Average square foot calculated using Size range provided by listing agent.

Description

This perfectly located property has an enormous backyard (the lot is 8, 602 Sq Ft) 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, and an impressive CAP Rate of 5.71%, 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 giant backyard with a storage shed. There are 4 off-street parking spots.
MLS® NumberVAAR2066646
Laundry LevelBasement, Dryer In Unit, Common, Has Laundry, Lower Floor, Shared, Washer In Unit
Central VacNo
FireplaceNo
Acreage0.2
Exterior
GarageNo
Approx. Age1968
BasementOther
DrivewayAsphalt Driveway, Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 21, 2026End Date
$1,500,000Sold Price

Sold

Dec 8, 2025List Date
$1,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
706 N Cleveland St, ARLINGTON, VA

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