Studio Residential Income
For Sale
$299,999
1210 R STREET NW Unit B1, Washington, DC 20009
Updated studio with stainless appliances, stacked laundry, a Murphy bed, parking, and private storage.
Property Size490 SF
Days on Market67
Property Features for 1210 R STREET NW Unit B1
General Information
Standard status
Active
Size
490 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,395
Amenities
washer/dryer
controlled access
storage unit
Building Details
Building Size
490 SF
Year Built
2006
Listing Agency:
Allfirst Realty, Inc.
Listed By:
Shawn Keith Slade II · License #SP40000536
(202) 818-0543
Source:
Kwcapitalproperties
Added: Aug 3
Changed: Oct 5
Last Checked: Oct 7 at 3:43PM
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 Allfirst Realty, Inc.
Investment Insights
Based on property information with market context.
This studio residential income property is located in a 2006 building and features new flooring, stainless steel appliances, a stacked washer-dryer, and a full bathroom. A full-sized Murphy bed provides a flexible sleeping arrangement within the living area.
Building amenities include controlled access, elevator service, wide doorways, and single-level access to the amenities. The sale includes dedicated parking space #P-36C in a secure underground garage, along with an additional storage unit.
The property is positioned near Logan Circle and the 14th Street corridor, providing access to the surrounding neighborhood’s retail, dining, and entertainment offerings.
Building amenities include controlled access, elevator service, wide doorways, and single-level access to the amenities. The sale includes dedicated parking space #P-36C in a secure underground garage, along with an additional storage unit.
The property is positioned near Logan Circle and the 14th Street corridor, providing access to the surrounding neighborhood’s retail, dining, and entertainment offerings.
Key Highlights
- Studio unit with new flooring and stainless steel appliances
- Full‑sized Murphy bed and stacked washer‑dryer
- 2006 building with controlled access and elevator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,535
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,700
$190.7K
Cap Rate 7%
$136,214
$136.2K
Cap Rate 9%
$105,944
$105.9K
Market Conditions
NOI Build-Up for 490 SF
Gross rent
$18.4K $37.56/SF
− Vacancy
−$1.1K −$2.18/SF
EGI
$17.3K $35.38/SF
− OpEx
−$7.8K −$15.92/SF
NOI
$9.5K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,700
Cap Rate 7%
$136,214
Cap Rate 9%
$105,944
Alternative Uses
Best Use
Apartment 5plus
$136.2K
$119.2K – $158.9K
NOI $9,535 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.0K
$220.5K – $294.1K
NOI $17,643 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
9,703
Businesses Nearby
Explore this area
Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated studio with stainless appliances, stacked laundry, a Murphy bed, parking, and private storage.
Where is this residential income property located?
The property is located at 1210 R STREET NW Unit B1 Washington, DC.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Studio unit with new flooring and stainless steel appliances; Full‑sized Murphy bed and stacked washer‑dryer; 2006 building with controlled access and elevator
