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224 N Columbus St, Alexandria, VA, 22314

3beds
2baths
2,385sqft
$1,100,000
$461price/sqft
$7,005/moest. monthly cost
$280,200/yrincome needed

About This Home

Unique investment opportunity in one of Northern Virginia’s most desirable rental markets! Or rare chance to convert this property back into a single family dwelling! This historic 1900 multi-family apartment building is located in the heart of Old Town, with convenient access to major commuter routes and public transportation and features two charming residential apartments on three levels. The first-floor apartment is currently vacant with 1 bedroom 1 bath. The second-floor apartment features 2 bedrooms, 1 bath on two levels and is under lease until 9/30/26. With functional floor plans, hardwood floors throughout, spacious living/dining rooms, stainless steel appliances, washer/dryer in each unit as well as storage in the basement and a shared rear brick enclosed patio, these apartments are sought after by today’s long-term tenants. The property is sold as-is! Seller discloses existing issues with sewer system. The property is priced according to include sewer repairs as well as possibly needed updates. Attached is more information along with a proposal from a reputable company to resolve the sewer issue. Whether you’re expanding your investment portfolio or seeking to occupy a home with an added stable rental income, this Alexandria property presents a rare opportunity for long-term growth. For additional financials, rent roll information, contact the listing agent today.

Getting Around

97
WalkingWalker's Paradise
70
TransitExcellent Transit
77
BikeVery Bikeable

Schools

2/10
2/10

Construction

Condition

  • Property condition: Average
  • Year built: 1900

Materials

  • Foundation: Other
  • Roof: Flat
  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Refrigerator,Stainless Steel Appliance(s),Oven/Range - Electric,Water Heater,Washer/Dryer Stacked,Washer,Dryer,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Soaking Tub,Bathroom - Tub Shower,Built-in Features,Combination Dining/Living,Crown Molding,Floor Plan - Traditional,Formal/Separate Dining Room,Recessed Lighting,Upgraded Countertops,Plaster Walls
  • Window features: Window Treatments
  • Flooring: Hardwood,Luxury Vinyl,Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Window Unit(s),Electric

Interior Area

  • Total structure area: 2,385
  • Total interior livable area: 2,385 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 11472000
  • Zoning: RM
  • Special condition: Standard

Features

  • Pool features: None
  • Patio & porch: Brick,Enclosed,Patio
  • Exterior features: Lighting,Rain Gutters,Sidewalks,Street Lights

Lot

  • Lot size: 1,540 sqft
  • Features: Downtown

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$174$2,088
Property Taxes $1,040$12,480
Electricity $229$2,756
Total$7,005$84,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$240,171/yr
40% on housing$210,150/yr
45% on housing$186,800/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$461This listing

vs Other Active Listings

Avg $/sqft

ZIP 22314$452
Alexandria City$345

vs Homes Sold Last Month

Median $/sqft

ZIP 22314$453
Alexandria City$475

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$1,100,000
2020-03-26Listing removed$2,000
2020-01-31Listed for rent$2,000
2012-10-16Sold$400,000

For Sale by Agent

AgentCheryl Monno
BrokerageSeaport Properties LLC

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