$305,000

1121 ARLINGTON BOULEVARD #1012, ARLINGTON, VA, 22209

  • 949sq ft
  • 2Beds
  • 2 Bathrooms
  • Active

Key Details

Description

THE RARE INVESTMENT THAT DOESN'T LOCK YOU IN. Most investment properties come with a tradeoff: predictable income today, but limited options tomorrow. Not this one. Currently leased through January 28, 2027, this beautifully updated penthouse residence offers immediate rental income while preserving something investors and future homeowners both value: flexibility. The current lease provides income from day one, and demand for homes like this extends well beyond the existing tenant. In fact, repeat renters who return to the DC area year after year have already expressed interest in leasing the property again after the current term ends. That gives the next owner a choice. Continue generating rental income in a community that consistently attracts tenants, or secure your future home now and make plans to move into a spacious two-bedroom, two-bath penthouse in one of the region's most connected locations. And unlike many units in the community, this isn't just another unit. This is a penthouse. Elevated above the community, it offers the privacy, natural light, and sense of space that buyers expect from a top-floor residence. Thoughtfully updated, the home features a modern kitchen with stainless steel appliances, a washer and dryer conveniently located inside the unit, generous living spaces, and a large private balcony that creates an outdoor retreat rarely found at this price point. Whether enjoying your morning coffee above the city or unwinding after a long day, the outdoor space alone sets this residence apart. The location is equally impressive. Just a five-minute walk from Rosslyn Metro, residents enjoy direct access to Downtown DC, the Pentagon, Reagan National Airport, Georgetown, Foggy Bottom, Tysons, and beyond. Shops, restaurants, grocery stores, and everyday conveniences are all within easy reach. And then there are the amenities. Residents enjoy an outdoor swimming pool, fitness center, sauna, steam room, locker rooms, billiards, ping pong, complimentary fitness classes, BBQ area, convenience store, hair salon, barber shop, and on-site dry-cleaning and alteration services. For investors, the appeal is obvious: immediate income, proven demand, and future flexibility. For future owner-occupants, it's an opportunity to secure a rare penthouse residence today and decide later exactly how you want to use it. Because the best real estate investments don't force you to choose between income and opportunity. They give you both.

Listing Courtesy of: Sweet Homes America Incorporated

Location

Features

  • Days on market: 1
  • List Date: June 14, 2026
  • Subdivision: RIVER PLACE NORTH
  • County: ARLINGTON
  • Appliances:
  • Year Built: 1955
  • Bathrooms: 2 full , 0 half
  • Property Type: Condominium
  • Total taxes: 2,590
  • Listing ID: VAAR2074136
  • Architecture Style: Unit/Flat

Schools

These schools are filtering within the property address as determined by our data provider.

Rating Name Type Level Grades Address
NA Private Elementary PK-KG 3809 Washington Blvd, Arlington, VA22201

Grade Span: PK - KG

Admission: Private

Address: 3809 Washington Blvd, Arlington, VA22201

Phone: 703-524-2511

Website: http://www.arlingtonmontessori.com/

Teachers: 2

Students: 16

Ratio: 8:1 Students/Teacher

Gender: 44% Male / 56% Female

Student/Teacher ratio

Enrollment

NA Private Secondary 9-12 6600 Little Falls Rd, Arlington, VA22213

Grade Span: 9 - 12

Admission: Private

Address: 6600 Little Falls Rd, Arlington, VA22213

Phone: 703-237-1400

Teachers: 101

Students: 1153

Ratio: 11:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-KG 3455 N Glebe Rd, Arlington, VA22207

Grade Span: PK - KG

Admission: Private

Address: 3455 N Glebe Rd, Arlington, VA22207

Phone: 703-243-3914

Teachers: 3

Students: 6

Ratio: 2:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-KG 4701 Arlington Blvd, Arlington, VA22203

Grade Span: PK - KG

Admission: Private

Address: 4701 Arlington Blvd, Arlington, VA22203

Phone: 703-243-3914

Teachers: 7

Students: 13

Ratio: 2:1 Students/Teacher

Gender: 62% Male / 38% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary PK-PK 870 S Greenbrier St Ste 102, Arlington, VA22204

Grade Span: PK - PK

Admission: Private

Address: 870 S Greenbrier St Ste 102, Arlington, VA22204

Phone: 703-243-8282

Teachers: 1

Students: 29

Ratio: 29:1 Students/Teacher

Gender: 52% Male / 48% Female

Student/Teacher ratio

Enrollment

NA Private Elementary KG-2 1012 S Cleveland St, Arlington, VA22204

Grade Span: KG - 2

Admission: Private

Address: 1012 S Cleveland St, Arlington, VA22204

Phone: 703-728-8133

Teachers: 2

Students: 23

Ratio: 11:1 Students/Teacher

Gender: 30% Male / 70% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 825 S Taylor St, Arlington, VA22204

Grade Span: PK - 8

Admission: Private

Address: 825 S Taylor St, Arlington, VA22204

Phone: 703-892-4846

Website: http://www.osva.org/

Teachers: 11

Students: 147

Ratio: 13:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment

NA Private Elementary KG-8 2410 N Kensington St, Arlington, VA22205

Grade Span: KG - 8

Admission: Private

Address: 2410 N Kensington St, Arlington, VA22205

Phone: 703-532-1200

Website: http://www.rivendellschool.net/

Teachers: 11

Students: 141

Ratio: 13:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 2024 N Randolph St, Arlington, VA22207

Grade Span: PK - 8

Admission: Private

Address: 2024 N Randolph St, Arlington, VA22207

Phone: 703-527-5423

Website: http://www.saintagnes.org/school/

Teachers: 28

Students: 415

Ratio: 15:1 Students/Teacher

Gender: 55% Male / 45% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 980 N Frederick St, Arlington, VA22205

Grade Span: PK - 8

Admission: Private

Address: 980 N Frederick St, Arlington, VA22205

Phone: 703-525-7599

Website: http://www.stann.org/

Teachers: 16

Students: 232

Ratio: 15:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 105 N Thomas St, Arlington, VA22203

Grade Span: PK - 8

Admission: Private

Address: 105 N Thomas St, Arlington, VA22203

Phone: 703-528-6781

Website: http://www.stmschool.org/

Teachers: 36

Students: 456

Ratio: 13:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary 5-12 4600 Fairfax Dr, Arlington, VA22203

Grade Span: 5 - 12

Admission: Private

Address: 4600 Fairfax Dr, Arlington, VA22203

Phone: 703-717-5360

Teachers: 17

Students: 57

Ratio: 3:1 Students/Teacher

Gender: 60% Male / 40% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary KG-12 923 23rd St S, Arlington, VA22202

Grade Span: KG - 12

Admission: Private

Address: 923 23rd St S, Arlington, VA22202

Phone: 866-564-4233

Teachers: 15

Students: 107

Ratio: 7:1 Students/Teacher

Gender: 52% Male / 48% Female

Student/Teacher ratio

Enrollment

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