Highlights
- Elevator
- Additional storage
- Two private outdoor spaces
- Garage
- Dedicated garage parking
- Decorative fireplace
Nearby rentals
Property management
A well-documented home with 48 photos, elevator access, additional storage, two private outdoor spaces, and a decorative fireplace offers a strong mix of comfort and convenience. Garage parking and a dedicated garage space add everyday ease, while the bustling neighborhood, transit options, walkability, and mix of age groups support an active social setting.
Things you’ll love
Great for
Features
| Balcony | Fireplace |
| Furnished |
Community
| Elevator |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
One-time.
One-time. Refundable.
Property Status: Active Fully Furnished, Turnkey opportunity in the highly desirable Torpedo Factory Condominium complex! This beautifully furnished 3-level home offers 3 bedrooms, 3.5 baths, and is fully equipped with everything needed for immediate occupancy - including queen-sized beds in every bedroom, cookware, dishes, utensils, linens, and towels. Ideally located in the block between Union, Lee, Cameron, and King Streets, enjoy unbeatable access to the waterfront, restaurants, shops, and all that Old Town has to offer. Features include two private outdoor spaces (patio and balcony), dedicated garage parking, and dual access via brick stairs from Lee Street or elevator from Union Street to the 4th floor. The fireplace is decorative and not for tenant use. This unit also has additional storage in the P1 level of the garage. Don't miss this exceptional rental opportunity in one of Old Town's most iconic locations. Schedule your tour today! Office Phone: (202) 368-7409 Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 116 N Union St compares to other nearby properties.
Positives
Considerations
| Neighborhood | Old Town |
|---|---|
| Zip code | 22314 |
| Type | Condo for rent |
3-bedroom apartments at 116 N Union St cost about 1% more than the average rent price for 3-bedroom apartments in Alexandria.
| Month | Median Rent |
|---|---|
| August 2024 | $3,500 |
| September 2024 | $3,500 |
| October 2024 | $3,430 |
| November 2024 | $3,340 |
| December 2024 | $3,612 |
| January 2025 | $3,525 |
| February 2025 | $3,338 |
| March 2025 | $3,265 |
| April 2025 | $3,818 |
| May 2025 | $3,948 |
| June 2025 | $3,965 |
| July 2025 | $3,999 |
| August 2025 | $3,946 |
| September 2025 | $3,904 |
| October 2025 | $3,855 |
| November 2025 | $3,554 |
| December 2025 | $3,500 |
| January 2026 | $3,431 |
| February 2026 | $3,610 |
| March 2026 | $3,699 |
| April 2026 | $3,543 |
| May 2026 | $3,741 |
| June 2026 | $3,865 |
| July 2026 | $3,850 |
| Month | Median Rent |
|---|---|
| September 2024 | $4,600 |
| October 2024 | $4,675 |
| November 2024 | $4,600 |
| December 2024 | $4,937 |
| January 2025 | $6,405 |
| February 2025 | $8,177 |
| March 2025 | $6,725 |
| April 2025 | $4,962 |
| May 2025 | $5,000 |
| June 2025 | $5,650 |
| September 2025 | $6,500 |
| October 2025 | $6,000 |
| November 2025 | $6,375 |
| December 2025 | $7,007 |
| January 2026 | $5,712 |
| April 2026 | $5,900 |
| May 2026 | $5,600 |
| June 2026 | $5,600 |
| July 2026 | $5,916 |
Can I afford to live at 116 N Union St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$240,000/yr
| This month | $6,000 |
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