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Remodeled One-Bedroom Condominium
For Sale
$219,000

1019 17TH PLACE NE Unit 103, Washington, DC 20002

A 2022 renovation updated this first-floor home, which has one bedroom and one full bath.

Property Size453 SF
Price / SF$483.44
Days on Market177

Property Features for 1019 17TH PLACE NE Unit 103

General Information

Standard status Active
Size 453 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Carver Langston

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,139

Building Details

Building Size 453 SF
Year Built 1936
Year Renovated 2022
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: May 7 Changed: Oct 27 Last Checked: Oct 26 at 2:41PM

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 Jack Realty Group

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Investment Insights

Based on property information with market context.

This 453-square-foot condominium has one bedroom and one bathroom on the first floor. Large windows bring natural light into the unit. The building dates to 1936, and the residence was remodeled in 2022.

Grocery and pharmacy options are a few blocks away, with the H Street corridor also nearby.

Key Highlights

  • 453‑square‑foot condominium with one bedroom and one bathroom
  • Remodeled in 2022
  • First‑floor unit with large windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,712
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,240 $154.2K
Cap Rate 7%
$110,171 $110.2K
Cap Rate 9%
$85,689 $85.7K
Market Conditions
NOI Build-Up for 453 SF
Gross rent
$14.9K $33.00/SF
− Vacancy
−$927 −$2.05/SF
EGI
$14.0K $30.95/SF
− OpEx
−$6.3K −$13.93/SF
NOI
$7.7K $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%
$154,240
Cap Rate 7%
$110,171
Cap Rate 9%
$85,689

Alternative Uses

Best Use
Apartment 5plus
$110.2K
$96.4K – $128.5K (±1% cap)
NOI $7,712 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$233.9K
$204.7K – $272.9K (±1% cap)
NOI $16,372 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,381
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - A 2022 renovation updated this first-floor home, which has one bedroom and one full bath.
Where is this residential income property located?
The property is located at 1019 17TH PLACE NE Unit 103 Washington, DC.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 453‑square‑foot condominium with one bedroom and one bathroom; Remodeled in 2022; First‑floor unit with large windows
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Includes: Price & PSF · Cap rate · Location · Zoning

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