1301 Cleveland St S #349

Arlington, VA 22204

$145,000

Property Highlights

  • 2-Bedroom Penrose Townhouse
  • 1939 Classic Construction
  • Community Pool Included
  • HOA Covers Parking
  • Close to Pentagon City
  • Accessible Entry Price
MLS ID
1001476999
Parking
Year Built
1939
HOA Fee

Property Details

Price: $145,000

2 Bed

1 Bath

994 Sq Ft

Year Built: 1939

Price: $145,000

2 Bed

1 Bath

994 Sq Ft

Year Built: 1939

Executive Summary

Set in the established Penrose neighborhood of Arlington, this two-bedroom townhouse offers 994 square feet of living space in a structure dating to 1939. The HOA package is notably comprehensive, covering exterior building maintenance, water, sewer, trash, snow removal, parking, pool access, insurance, and reserve funds. Pentagon City Metro is accessible by transit, connecting residents to the broader DC metro network. At $145,000, the residence presents a rare entry point into the Arlington market.

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Penrose, Arlington VA

Established Townhouse in Penrose at a Compelling Entry Price

The Penrose neighborhood of Arlington has long offered a grounded alternative to the higher-density corridors closer to the Potomac. This two-bedroom townhouse, built in 1939, sits within that context — a modest footprint with genuine utility and a HOA structure that absorbs many of the costs that typically burden first-time or value-oriented buyers.

At 994 square feet across two bedrooms and one full bath, the home is efficiently scaled. The 1939 construction gives it a character distinct from the area’s newer infill development, and the association’s all-in coverage — exterior maintenance, water, sewer, parking, pool, trash, and snow removal — meaningfully reduces the variable cost of ownership.

Pentagon City Metro provides regional connectivity, and the surrounding Penrose area offers walkable access to everyday services. At $145,000, this is among the more accessible price points available in Arlington proper.

A Wardman team member can provide recent comparable sales and a full picture of the submarket for buyers evaluating this opportunity.

The Property
Built in 1939, this two-bedroom townhouse in Penrose offers 994 square feet of living space. The structure carries the architectural character of its era, set within an established Arlington neighborhood that has maintained its residential scale over decades.
HOA Coverage
The HOA package here is unusually comprehensive. Exterior building maintenance, water, sewer, trash, snow removal, parking fees, pool access, insurance, and reserve fund contributions are all covered — reducing the unpredictability of monthly housing costs for the owner.
Location Context
Penrose sits in south Arlington, with Pentagon City Metro providing access to the broader regional transit network. Everyday services, neighborhood dining, and local parks are reachable without a car, and the area connects readily to both DC and the broader Northern Virginia corridor.
The Opportunity
At $145,000, this home represents one of the lower available price points in Arlington. For buyers seeking a foothold in the county with manageable carrying costs and strong HOA coverage, the value proposition here is worth examining closely.

Why This Home Stands Out

  • Priced at $145,000 in Arlington
  • HOA covers water, sewer, parking and pool
  • Exterior maintenance fully association-managed
  • 994 sq ft two-bedroom layout
  • 1939 construction with historic character
  • Pentagon City Metro accessible by transit
Request comparable sales
All figures and HOA details should be independently verified by the buyer and buyer’s counsel prior to closing.
Property Features

Practical Layout, Comprehensive HOA, Accessible Price

This 1939-built townhouse in Penrose delivers two bedrooms, one full bath, and 994 square feet of living space within a well-managed association that handles the majority of ownership overhead. The combination of a low purchase price and broad HOA coverage makes the total cost of ownership more predictable than many comparable options in the county.

Interior and Layout

  • 994 square feet across two bedrooms and one full bath
  • 1939 construction with established structural character
  • Compact and efficient floor plan
  • Two distinct bedroom spaces suitable for varied use

Kitchen and Living

  • Functional kitchen layout within the 994 sq ft footprint
  • Living and dining areas integrated within the main level
  • Character details consistent with 1939-era construction

Bedrooms and Bath

  • Two bedrooms with separation from main living areas
  • One full bath serving the residence
  • Layout scaled for efficient daily use

Outdoor and Community

  • Community pool included in HOA fee
  • Exterior building maintenance covered by the association
  • Snow removal handled by HOA
  • Parking fee included in HOA coverage

What Makes This Distinct

  • One of the lowest available price points in Arlington County
  • HOA absorbs water, sewer, parking, pool, and exterior maintenance
  • 1939 construction offers character absent from newer infill product
  • Penrose location provides south Arlington access with transit connectivity
  • Total cost of ownership is unusually predictable given HOA scope
Discuss this property
Information believed accurate but not guaranteed; buyers should independently verify all material facts and HOA documents.

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Transit and Commuting
  • Pentagon City Metro accessible by transit on the Blue and Yellow lines
  • Regional bus service connects south Arlington neighborhoods
  • Proximity to I-395 for Northern Virginia and DC commutes
  • Reagan National Airport reachable via Pentagon City Metro
Dining and Coffee
  • Local dining options within the Penrose and Columbia Pike corridors
  • Neighborhood cafes and casual eateries in south Arlington
  • Crystal City and Pentagon City dining within a short transit ride
  • Columbia Pike's established restaurant row nearby
Groceries and Services
  • Neighborhood grocery options in the surrounding south Arlington area
  • Pharmacies and medical services accessible along nearby commercial corridors
  • Local hardware and home goods retailers in the Pentagon City vicinity
  • Post office and municipal services in central Arlington
Parks and Recreation
  • Community pool included through HOA membership
  • South Arlington parks and green space within the neighborhood
  • Four Mile Run trail system accessible from the Penrose area
  • Arlington's broader park network reachable by bike or transit

Property Location

About 1301 Cleveland St S #349

The home at 1301 Cleveland St S, Unit 349 is a two-bedroom, one-bath townhouse in Arlington’s Penrose neighborhood, built in 1939. At 994 square feet, the layout is compact but functional, with a scale suited to owners who prioritize location and cost efficiency over square footage. The 1939 construction distinguishes the property from the area’s newer development, offering a character that reflects the neighborhood’s longer residential history.

Penrose is a south Arlington neighborhood with a low-rise residential character and proximity to the Pentagon City corridor. The area offers walkable access to everyday services and sits within reach of the broader Northern Virginia employment base. Its position in the 22204 zip code places it among the more accessible parts of Arlington from a price-per-square-foot standpoint, while still benefiting from the county’s infrastructure and transit network.

Day-to-day life in Penrose is grounded in the practical conveniences of south Arlington — neighborhood grocers, local dining, and parks within reach on foot or by bike. Pentagon City Metro connects the area to downtown DC, the Pentagon, and points along the Blue and Yellow lines. The HOA’s coverage of snow removal, exterior maintenance, and trash collection further simplifies the ownership experience, leaving residents free to focus on the neighborhood rather than property upkeep.

A Wardman team member and the Wardman Residential team at Compass have worked with buyers across Arlington’s diverse submarket, from the Pentagon City corridor to established south Arlington neighborhoods like Penrose. We bring familiarity with the townhouse and condo landscape in the 22204 zip code, including HOA structures, comparable sales, and the nuances of buying in this price range. If you are evaluating this home or similar Arlington properties, reach out — we are glad to share recent comparables and our perspective on the submarket.

Frequently Asked Questions About This Property

Key details about the residence, building, and location to help you evaluate this opportunity.

The association covers a broad range of expenses, including exterior building maintenance, water, sewer, trash, snow removal, parking fees, pool access, insurance, and reserve fund contributions. This scope meaningfully reduces the variable costs of ownership compared to properties where these expenses fall to the individual owner.
The specific monthly HOA fee amount was not provided in the listing data available to us. Buyers should request the current fee schedule, reserve fund study, and association financials directly from the seller or listing agent prior to making an offer.
Pentagon City Metro is the nearest station, serving the Blue and Yellow lines with direct connections to downtown DC, Reagan National Airport, and points throughout Northern Virginia. The exact walking distance should be confirmed by the buyer, but the station is accessible by transit from the Penrose neighborhood.
Penrose is a low-rise residential neighborhood in south Arlington, characterized by a mix of older housing stock and proximity to the Columbia Pike and Pentagon City commercial corridors. The area offers walkable access to everyday services and connects readily to the broader Northern Virginia and DC employment base via transit.
The HOA coverage explicitly includes parking fees, meaning the cost of parking is absorbed within the association structure rather than billed separately to the owner. Buyers should confirm the specific parking arrangement — assigned space, lot, or garage — with the listing agent.
At $145,000, this home represents one of the lower price points available in Arlington County, reflecting its modest square footage and the cooperative or association ownership structure common to properties in this range. Buyers should review the HOA documents carefully to understand any restrictions or underlying land arrangements that may apply.
Rental restrictions in HOA-governed properties vary significantly and are governed by the association’s bylaws and rules. Buyers intending to lease the property should request and review the full HOA governing documents, including any rental caps or owner-occupancy requirements, before proceeding.
A Wardman team member can provide recent comparable sales in Penrose and the broader south Arlington market, help contextualize the HOA structure relative to similar properties, and guide buyers through the due diligence process. Reach out to discuss whether this home aligns with your goals and to get a current read on the submarket.

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Evan Johnson, Realtor

Evan Johnson