$1,500,000

About this home

Rare opportunity to acquire a well-maintained 20-unit multifamily investment property located in one of Vienna's most desirable and stable rental markets. This income-producing property consists of three all-brick apartment buildings with ample on-site parking for tenants and an excellent mix of townhome and apartment-style units. The 914 23rd Street building features 4 townhome units, each offering 2 bedrooms, 1.5 bathrooms, and washer/dryer hookups. The 1002 23rd Street consists of two 8-unit brick buildings. Each building offers four spacious 3-bedroom, 1.5-bath townhomes with washer/dryer hookups, along with four 1-bedroom, 1-bath apartments, also featuring washer/dryer hookups. Numerous improvements have been completed in multiple units, including windows, flooring, HVAC systems, appliances, kitchens, bathrooms, interior paint, and other updates, making this a well-maintained investment. High occupancy and a strong rental demand in the Vienna market make this an exceptional investment opportunity. The desirable location, diverse unit mix, extensive updates, dedicated parking, and washer/dryer hookups throughout provide the ideal combination for immediate cash flow. Detailed Financial information, including rent roll and income/expense statements, is available to qualified buyers upon request. OLREA.

Property details

MLS

NOWDD

MLS #

5234480

Property type

Apartment

Subdivision

N/A

Status

Active

Days on market

68

On market date

August 6, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

1.14 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.