About This Home

This 1-bedroom, 1-bathroom single family at 206 N PAYNE Street N in Alexandria, VA is listed for $709,999 ($1,011 per sqft). Built in 1920, the home offers 702 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1920
  • 0.03 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1920

Amenities

FireplaceA/C
Listing Description

Welcome to 206 N Payne Street, a rare opportunity in the heart of Old Town Alexandria's highly desirable Parker Gray Historic District. Whether you're looking to renovate, expand, or build your dream home, the true value here is in the oversized lot and endless potential this property offers.

As an end unit with a deep backyard, there's incredible space to create a substantial addition while still maintaining plenty of outdoor living space. The property also includes a separate storage building, providing valuable extra storage or workshop space.

The existing home is full of charm and has been freshly updated with neutral paint and carpet, making it comfortable to enjoy while you plan your vision. The cozy kitchen opens to the living area, and the expansive backyard offers endless possibilities for entertaining, along with the dual decks overlooking your back yard which is a perfect space for gardening, or future expansion.

Location is everything, and this one simply can't be beat. Enjoy the rich history, walkability, and small town feel that make Old Town Alexandria so special. You're just blocks from King Street's restaurants, boutiques, coffee shops, and nightlife, with easy access to the Braddock Road and King Street Metro stations.

Commuters will appreciate the quick drive to Washington, DC, Amazon HQ2, National Landing, Reagan National Airport, the Pentagon, the GW Parkway, and I-495. Opportunities like this are becoming increasingly rare. Whether you're an investor, builder, or buyer looking to create your forever home, 206 N Payne Street offers exceptional potential in one of Northern Virginia's most sought after neighborhoods.

Monthly Cost Estimate

$3,797/mo

20% down · 6.5% · 30 years

Principal$513
Interest$3,077
Insurance$207

Estimates only. Actual payments may vary.

Location

206 N PAYNE Street N

Alexandria, VA 22314

PARKER GRAY HISTORIC DISTRICT

Property Details

Construction

Frame

Parking

On Street

Cooling

Central AirCeiling Fan(s)

Appliances

WasherDryerRefrigeratorCooktop

Questions & Answers

This 1-bedroom, 1-bathroom single family at 206 N PAYNE Street N is listed at $709,999 ($1,011/sqft). The estimated monthly payment is $3,797 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.03 acre lot, 2 stories, Fireplace.

This property is listed by Leesa A Woodbery and can be reached at 5712848007.

LW

Leesa A Woodbery

Agent at Real Property Management Pros

(571) 284-8007

Listed by Real Property Management Pros · View on Broker Site

MLS# VAAX2063762· Source: listhub· 2 days on market

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

206 N PAYNE Street N, Alexandria, VA 22314

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