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Corner Residential Income Property
For Sale
$699,000

4201 CATHEDRAL AVE NW #905W, Washington, DC 20016

WASHINGTON, DC

Property Size1,800 SF
Price / SF$388.33
Days on Market202

Property Features for 4201 CATHEDRAL AVE NW #905W

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3
Subdivision WESLEY HEIGHTS
Elementary school HORACE MANN
Middle school HARDY
High school WILSON SENIOR
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active

Amenities

concierge service
door attendants
outdoor heated pool
tennis court
fitness center
market/deli
private corner balcony

Building Details

Year built 1960
Listing Agency: One Bethesda
Listed By: Roya Hakimzadeh
Added: Mar 21 Changed: Sep 28 Last Checked: Oct 8 at 8:06AM
MLS# DCDC2249710

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.

Investment Insights

Based on property information with market context.

This corner residence at The Towers Condominium offers three bedrooms, two baths, and a private balcony with southwestern exposure. The well-maintained home includes a spacious living arrangement, a primary suite with an en-suite bath, and a kitchen appointed with white cabinetry, soft-close drawers, stainless steel appliances, and dark gray granite countertops. The kitchen connects with the dining room and a flexible den or office area.

Community amenities include concierge and door attendant services, an outdoor heated pool, tennis court, fitness center, and market/deli. Bus service provides access to downtown DC, while the Tenleytown Metro is located near the building. The offering also includes a garage parking space near the entry, and all utilities are included.

Key Highlights

  • Three bedrooms and two baths in a corner residence at The Towers Condominium
  • Private corner balcony with southwestern exposure
  • Kitchen with stainless steel appliances and dark gray granite countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,908
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,160 $598.2K
Cap Rate 7%
$427,257 $427.3K
Cap Rate 9%
$332,311 $332.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$57.2K $31.80/SF
− Vacancy
−$2.9K −$1.59/SF
EGI
$54.4K $30.21/SF
− OpEx
−$24.5K −$13.59/SF
NOI
$29.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,160
Cap Rate 7%
$427,257
Cap Rate 9%
$332,311

Alternative Uses

Best Use
Apartment 5plus
$427.3K
$373.9K – $498.5K (±1% cap)
NOI $29,908 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.9K
$810.1K – $1.08M (±1% cap)
NOI $64,810 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Dr. Farzin Davachi Pediatrician IKONS CORP Consultant DLB Management Services Marketing & Advertising Farishian & Associates Dental Office Farishian Barbara G ... Dental Office

Suggested Use

Top Pick Hair Salon Auto Repair Shop Nail Salon Building Supply Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,385
Businesses Nearby

Demographics for 20016, DC

35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom residence with a private balcony, garage parking, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVE NW #905W Washington, DC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three bedrooms and two baths in a corner residence at The Towers Condominium; Private corner balcony with southwestern exposure; Kitchen with stainless steel appliances and dark gray granite countertops
More about this property
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