Residential Income Property with
For Sale
$373,555
1013 17TH PLACE NE Unit 6, Washington, DC 20002
Two-bedroom residence with private outdoor space, contemporary finishes, and in-unit laundry within an eight-home boutique collection.
Property Size821 SF
Days on Market49
Property Features for 1013 17TH PLACE NE Unit 6
General Information
Standard status
Active
Size
821 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Carver Langston
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
HOA Fee
$172
Taxes and HOA fees
Annual Taxes
$1,759
Amenities
rooftop terrace
communal green space
in-unit washer and dryer
balcony
Building Details
Building Size
821 SF
Year Built
2022
Listing Agency:
The Agency DC
Listed By:
Alejandro Luis A Martinez · License #BR98379367
(240) 258-2668
Source:
Kwcapitalproperties
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency DC
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Investment Insights
Based on property information with market context.
Unit 6 is a two-bedroom, two-bath residence within a boutique building completed in 2022. The home combines an open living and dining area with wide-plank white oak flooring, abundant window light, and a corner kitchen equipped with quartz counters, white shaker cabinetry, subway tile, gas cooking, and brand-new stainless steel appliances. The primary suite includes a private balcony, spacious closet, and en suite bath, while both bathrooms feature gray-and-white tile and black fixtures. An in-unit washer and dryer add daily convenience.
The building contains eight residences and offers semi-private outdoor areas, a full-length rooftop terrace with 360-degree views, and a rear communal green space for grilling and picnics. The property is in Langston-Carver with access to the H Street Corridor, Union Market, and Ivy City. The rooftop includes views toward the Washington Monument and the Washington, DC skyline.
The building contains eight residences and offers semi-private outdoor areas, a full-length rooftop terrace with 360-degree views, and a rear communal green space for grilling and picnics. The property is in Langston-Carver with access to the H Street Corridor, Union Market, and Ivy City. The rooftop includes views toward the Washington Monument and the Washington, DC skyline.
Key Highlights
- Eight‑residence building completed in 2022
- Two bedrooms and two full bathrooms in Unit 6
- Full‑length rooftop terrace with 360‑degree views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,977
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,540
$279.5K
Cap Rate 7%
$199,671
$199.7K
Cap Rate 9%
$155,300
$155.3K
Market Conditions
NOI Build-Up for 821 SF
Gross rent
$27.1K $33.00/SF
− Vacancy
−$1.7K −$2.05/SF
EGI
$25.4K $30.95/SF
− OpEx
−$11.4K −$13.93/SF
NOI
$14.0K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,540
Cap Rate 7%
$199,671
Cap Rate 9%
$155,300
Alternative Uses
Best Use
Apartment 5plus
$199.7K
$174.7K – $233.0K
NOI $13,977 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$423.9K
$370.9K – $494.5K
NOI $29,672 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
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Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with private outdoor space, contemporary finishes, and in-unit laundry within an eight-home boutique collection.
Where is this residential income property located?
The property is located at 1013 17TH PLACE NE Unit 6 Washington, DC.
What is the asking price?
The asking price for this property is $373,555.
What are key features of this property?
This property features: Eight‑residence building completed in 2022; Two bedrooms and two full bathrooms in Unit 6; Full‑length rooftop terrace with 360‑degree views
