706 N CLEVELAND ST Arlington, VA 22201 Active

UPDATED: 11/06/2025 11:00 PM ON MARKET: 29 days on market

$1,600,000

6 Beds3 Baths2,962 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,962 sqft

Price per Sqft $540

Subdivision Arlington Park

MLS Listing ID VAAR2065616

Style Colonial

Bedrooms 6

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,112

Year Built 1968

Annual Tax Amount $14,706

Tax Year 2025

Lot Size 8,602 Sqft

Acres 0.2

Property Sub-Type Detached

Source BRIGHT

Property Description

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.