3812 16th Street S

Arlington, Virginia 22204

Approved for up to a six-unit apartment complex in the highly sought-after Douglas Park neighborhood, this property presents a rare and compelling investment opportunity for savvy investors looking to grow and strengthen their portfolio. With the Expanded Housing Option (EHO) Development permit in progress and just one step away from receipt, the property allows for the development of duplexes, townhouses, or multifamily buildings, subject to Arlington County zoning requirements. Given that only 30 R-6 permits are issued annually, this is a rare opportunity for developers. The property sits on a 6,000 sq ft lot with a 60 ft lot width, meeting Arlington County's minimum requirements for EHO development. Investors can rent the current home until development begins, providing an income stream while planning the next phase of the project. Just minutes from Washington, D.C., this property benefits from easy access to local shops, restaurants, parks, and Arlington's vibrant community life. The neighborhood is known for its welcoming atmosphere, with abundant green space, recreational areas, and strong local schools. Additionally, the area is positioned for continued property value appreciation due to its proximity to the nation's capital and ongoing regional growth. This property represents a flexible and rare opportunity in a highly desirable neighborhood. Photos may be virtually staged. *Architectural drawings to be added to attached documents.