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401 N Armistead St APT 504, Alexandria, VA, 22312

2beds
1baths
1,110sqft
$230,000
$207price/sqft
$1,623/moest. monthly cost
$64,920/yrincome needed

About This Home

PRICE IMPROVEMENT! Welcome to this sun-drenched, top-floor 2-bedroom, 1-bath condo with great views with the newer windows and an open-concept layout—perfect for modern living. Ideally located just minutes from I-395, this home offers both convenience and lifestyle. The spacious living and dining areas flow seamlessly, creating an open, airy feel ideal for entertaining or relaxing at home. The kitchen features updated cabinetry and appliances, while fresh paint from top to bottom delivers a clean, move-in-ready aesthetic buyers love. Both bedrooms are generously sized, including a primary bedroom with a walk-in closet. Enjoy the privacy and quiet of top-floor living along with excellent natural light throughout. This condo boasts an exceptional commuter location: the Van Dorn Metro Station is approximately 3 miles away, DCA Airport is within 10 miles, and public transportation is right outside the building. Everyday conveniences are at your doorstep with countless shopping and restaurant options nearby, plus grocery stores within walking distance. Adding to the long-term value, the property is adjacent to a new hospital currently under construction—a major plus for future appreciation. ✔ All utilities included in the condo fee ✔ Prime commuter location ✔ Walkable lifestyle ✔ Investor-friendly opportunity Ideal for first-time buyers, downsizers, or investors, this top-floor condo checks every box for comfort, convenience, and value.

Getting Around

56
WalkingSomewhat Walkable
52
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

4/10
4/10

Construction

Condition

  • Year built: 1963

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Common Area,Shared

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Dining Area,Floor Plan - Traditional
  • Finished area below ground: 0
  • Finished area above ground: 1,110

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,110
  • Total interior livable area: 1,110 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 38411160
  • Attached to another structure: Yes
  • Zoning: RC
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Parking

  • Parking features: None

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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding
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 $1,163$13,956
Home Insurance *$40$480
Property Taxes $218$2,616
Electricity $202$2,433
Total$1,623$19,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,645/yr
40% on housing$48,690/yr
45% on housing$43,280/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

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 22312$186
Alexandria City$347

vs Homes Sold Last Month

Median $/sqft

ZIP 22312$357
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
2026-04-23Price change$239,999
2026-03-20Price change$250,000
2026-03-13Listed for sale$254,999
2026-03-07Contingent$254,999
2026-02-13Price change$254,999
2026-01-16Listed for sale$259,000
2006-08-30Sold$255,000

For Sale by Agent

AgentDesiree Gribschaw
BrokerageReal Broker, LLC

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