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Property view

706 N Cleveland St, 
Arlington, VA 22201

$1,500,000


6

Beds


Bath


2,962

Sq Ft


Multi-Family

Sold

Listed by

David Cabo

Bought with EXP Realty, LLC

Keller Williams Realty

MLS#

VAAR2066642

Source:

BRIGHTMLS

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About This Home

706 N Cleveland St

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, 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.

Home Facts

Multi-Family

6 Bedrooms

Built in 1968

Price Summary

1,499,000

$506 per Sq. Ft.

MLS #:

VAAR2066642

Sold:

January 21, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,962 Sq. Ft.

Year Built:

1968


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$506 per Sq. Ft.

Source:BRIGHTMLS
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