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Residential Income Property with Upgrades
For Sale
$525,000

1000 NEW JERSEY AVE SE #514, Washington, DC 20003

WASHINGTON, DC

Property SizeContact for details
Days on Market32

Property Features for 1000 NEW JERSEY AVE SE #514

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision NAVY YARD
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

Building Details

Year built 2006
Listing Agency: Chevy Chase Circle
Listed By: Tare Youdeowei
Added: Sep 17 Changed: Oct 16 Last Checked: Oct 18 at 10:06PM
MLS# DCDC2283068

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.

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Investment Insights

Based on property information with market context.

This 2006 residential income property is a two-bedroom, two-bath residence with wood flooring, an open living and dining area, and a breakfast bar connecting the kitchen to the main living space. The kitchen includes granite countertops, ample cabinetry, gas cooking, and a dishwasher. Both bedrooms can support flexible residential use, while a walk-in closet adds storage. In-unit laundry is provided, with a washer and dryer installed in 2024.

The property is located at Capitol Hill Tower in Washington’s Navy Yard area, near Metro, Capitol Hill, Nationals Park, Audi Field, the waterfront, restaurants, shopping, cafés, and parks. Major systems include a new HVAC system and water heater installed in 2025. The property has no rental restrictions, subject to a 6-month minimum lease, and includes a parking license. An underlying mortgage carries a 2.89 interest rate.

Key Highlights

  • 2BR/2BA residence at Capitol Hill Tower
  • New HVAC system and water heater installed in 2025
  • Washer and dryer installed in 2024; in‑unit laundry

Property Analytics

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Current Use

WLA Family Law Law Firm KA Ayurveda Physician Capitol Hill Tower Condominium Complex DC Website Design Marketing & Advertising Oorbeek Group Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Plumbing Service Pet Store Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

3,548
Businesses Nearby

Demographics for 20003, DC

36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom, two-bath residence with in-unit laundry, updated mechanical systems, and a flexible living and dining layout.
Where is this residential income property located?
The property is located at 1000 NEW JERSEY AVE SE #514 Washington, DC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2BR/2BA residence at Capitol Hill Tower; New HVAC system and water heater installed in 2025; Washer and dryer installed in 2024; in‑unit laundry
More about this property
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